Netflix and The CW are close to renewing a deal that allows Netflix to stream select CW scripted series, while The CW is ending its streaming relationship with Hulu, reports Variety.

The new agreement between Netflix and The CW will grant Netflix subscribers access to CW series less than two weeks after their broadcast seasons end.

Meanwhile, Hulu – which is owned by Fox, Disney-ABC and NBCUniversal – will no longer air CW shows. In 2011, Hulu and The CW made a deal that allowed Hulu to offer viewers five episodes at a time.

In-season streaming will remain exclusively on CWTV.com and The CW app, both of which are advertising supported. CW shows also are available on demand via various pay-TV operators, with again, typically five episodes at a time available to watch.

According to Variety, Netflix is paying more to renew The CW shows in order to have earlier access to them. Hulu, on the other hand, wanted to be able to stream entire seasons. The two sides couldn’t come to terms.

The deal, which Variety says will only apply domestically, is expected to be officially unveiled later this week.

Increasingly, streaming deals are hinging on how many episodes a distributor will be able to offer to subscribers. Prior to this year’s upfronts, ABC announced that it would have full in-season stacking rights to all new shows it acquired from Warner Bros. That deal is considered an experiment by both the studio and the network to see how granting full-season streaming rights to a broadcaster will affect the after-market pricing of shows.

RELATED: Stacking Shakes Out as One of Upfronts’ Major Issues

Netflix, in particular, has said it won’t pay as much or won’t buy series that have been aired in full on-demand on other platforms. That’s kept studios from granting networks those rights, and it’s become a sticking point.

The CW also just renewed its affiliate agreement with Tribune Broadcasting for five years, with WGN Chicago becoming an independent.

RELATED: Tribune, The CW Reach Long-Term Affiliation Agreement

Hulu, meanwhile, continues to mainly function as a place to grant viewers next-day access to current series from its owners, as well as a few other networks, such as FX and AMC. Hulu also has said it’s working on a skinny bundle of its own that it would offer over-the-top.

READ MORE: Variety, Los Angeles Times

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