Netflix has announced a new licensing agreement with Disney-ABC Television Group. Netflix will soon be able to stream hundreds of episodes from the ABC Television Network, Disney Channel, and ABC Family over the Internet. Relevant programming will appear on Netflix at least 15 days after initial telecast. After that, episodes can be streamed instantly with Netflix memberships starting at $8 per month. While the agreement encompasses hundreds of TV episodes, both new and old, it's important to note that Disney Channel and ABC Family movies, also both new and old, will also be available.

Netflix recently said it was willing to pay up to $100,000 per episode in order to put new TV shows on its Watch Instantly feature. The number is certainly impressive, even if the price didn't end up going that high in this particular deal. Unfortunately, it looks like Netflix users are still going to have to wait over two weeks to get many of the episodes they want to watch right away.

"TV content streamed from Netflix has proven to be immensely popular with our members," Ted Sarandos, Netflix's chief content officer, said in a statement. "Adding to our existing Disney-ABC lineup with great network and cable shows, and opening up ABC Family for the first time, are important steps in creating a wide and diverse selection of content Netflix members of all ages can watch."