Netflix and Discovery Communications signed a two-year, non-exclusive licensing agreement that allows Netflix members to watch prior-season series and specials.

"Netflix is pleased to announce the renewal and expansion of our relationship with Discovery," said Netflix Chief Content Officer Ted Sarandos, in a statement. "With television shows playing an ever more important role for Netflix, Discovery is one our finest suppliers of top quality programming. We look forward to bringing our members the wide range of the additional episodes and series covered in this deal."

"Discovery Communications has always been platform agnostic and committed to satisfying curiosity on all consumer distribution platforms supported by a strong economic model," said Rebecca Glashow, senior vice president/Digital Distribution, Discovery Communications, in a statement.

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Discovery Reveals Streaming Service discovery+

Discovery has been teasing a streaming service for months, and on Wednesday the company finally lifted the curtains behind the upcoming discovery+.

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