News

Netflix in talks with cable companies

Netflix in talks with cable companies

NETFLIX EXPANDING? Netflix is talking with cable companies. Photo: Reuters

NEW YORK (Reuters) – Netflix Inc is in talks with several U.S. cable television companies including Comcast Corp and Suddenlink Communications to make its streaming video service available through their set-top boxes, the Wall Street Journal reported on Sunday, citing people familiar with the matter.

According to the Journal, the negotiations are in the early stages, with no deal expected soon. The report said that one sticking point in the negotiations is that Netflix wants cable companies to adopt special technology designed to improve the quality of its streaming video.

Last month, two European cable companies — Sweden’s Com Hem and Virgin Media in Britain — struck deals to allow their customers to access Netflix through Tivo set-top boxes.

Netflix Chief Financial Officer David Wells, speaking at a Goldman Sachs investor conference last month, said that the company was willing to strike similar deals with U.S. cable companies.

“We would love to reduce the friction to the end consumer, and to be available via the existing device in the home which is the set-top box,” Wells said. “But it’s up to the (pay TV provider) to decide how much a competitor they view us as, or a complement.”

Netflix, Comcast and Suddenlink could not be immediately reached for comment.

Recent Headlines

6 hours ago in Entertainment

Judge rules Bill Cosby must stand trial on sexual assault charges

15-overlay-11

A Pennsylvania judge ordered entertainer Bill Cosby to stand trial on sexual assault charges over allegations that he drugged and assaulted a woman in 2004.

7 hours ago in Entertainment

Video gaming returns to TV with new league

gamingREUTERS

Competitive video gaming returns to TV with the launch of a 10-week gaming league that will be broadcast on TBS.

8 hours ago in Entertainment

Changes are coming to Twitter

twitterREUTERS

User names and attachments - including photos and videos - will no longer count towards the length of a tweet, but the 140-character limit will stay.

8 hours ago in Entertainment

‘Pink Panther’ star Burt Kwouk dies at 85

burtkwoukREUTERS

He also starred in numerous films, among them three James Bond movies including "Goldfinger."

11 hours ago in Entertainment

Watch Hank Azaria’s ‘Simpsons’ inspired commencement speech

10-overlay-8

"The Simpsons" star brings out some of his classic animated characters to address the graduates of Tufts University.