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Credit: Reuters/Mike Blake NEW YORK | Wed Jul 27, 2011 11:22am EDT NEW YORK (Reuters) - Netflix Inc. has reached a deal with CBS Corp allowing the video rental service to stream shows such as "Californication," "Dexter" and "Twin Peaks" to audiences in Latin America and Canada. The deal runs for two years and follows a similar agreement between Netflix and CBS earlier this year covering streaming TV shows in the United States. Financial terms were not disclosed. Netflix shares were up 2 percent at $272.25 in early trading on Nasdaq on Wednesday. Netflix has already launched its service in Canada and is in the process of expanding to 43 countries in Latin America. It plans to soon expand into additional foreign markets. CBS Corp, owner of the CBS broadcast network as well as Showtime, will make only a limited number of shows available through the deal. Those will include "Numb3rs," "Sleeper Cell," "The United States of Tara" and "Nurse Jackie," leaving out some of its biggest network hits. (Reporting by Paul Thomasch, editing by Dave Zimmerman) Entertainment Fashion Technology Deals 2011 Q2 Global Deals Review - Parent folder Television Inflows Outflows Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) 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