Netflix ABC Deal Means More Lost, Grey's Anatomy for 360 OwnersS

You may have noticed that you can now watch the first five seasons of Lost on your Xbox 360 through Netflix.

That's because Netflix and Disney recently signed a deal to stream the first five seasons of Lost, seasons four and five of Desperate Housewives, season five of Grey's Anatomy and seasons one and two of The Legend of the Seeker through Netflix Instant Watch service.

The agreement extends Netflix's relationship with Disney-ABC, which inked their first digital licensing deal last September.

"We're excited about this new agreement since it builds on a strong foundation with Disney-ABC Television Group," said Robert Kyncl, vice president of content acquisition for Netflix, in a prepared statement. "In all, we're providing Netflix members with some of the most popular and avidly followed shows on TV while working with an important business partner to help grow several of its key franchises."