Netflix Inc. (Nasdaq: NFLX) is losing access to Starz Entertainment LLC fare in March 2012, but the streaming and DVD rental firm closed that content gap to a degree Thursday by inking a four-year deal to license shows from CBS Corp. (NYSE: CBS)'s and Warner Bros. Television Group's The CW. The deal will give Netflix rights to stream more than 700 hours of previous-season episodes of dramas that air on The CW through the 2014-2015 season. (See Netflix, Starz on the Outs .)
ESPN is closing down its Content Development department following four years of developing original movies and TV specials, including E:60 and the 30 for 30 series. ESPN Enterprises SVP Keith Clinkscales will be leaving to become an independent producer, with as many as 25 other jobs to be "repurposed," reports Multichannel News.