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If you enable Home Sharing for your iTunes account and set up Home Sharing with your account details on your cousin's PC's iTunes then she'll be able to watch the shows. She will need iTunes on her PC, unless she wants to watch the shows on iPhone, iPad, iPod or Apple TV (all of which support Home Sharing as well).
Unfortunately nobody (not even Apple) have convinced the studios yet to distribute DRM free video, but Home Sharing goes a long way towards what you want.
Cheers
Steffen.
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