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Tuesday, April 23, 2024

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  1. jabobeast

    Bloomberg: Netflix talking with Vodafone about free streaming promotion • 1:03 PM

    Netflix (NFLX +3.6%) is in talks with Vodafone (VOD +1.1%) about a deal that would give the giant international carrier's subs "free access to Netflix content for a period of time," Bloomberg reports.

    Vodafone has majority ownership of networks in 15 European countries, including three Netflix markets – the U.K., Ireland, and the Netherlands. The company already has deals with Spotify and Sky Sports that provide free content access to new U.K. 4G subs.

    The report comes as AT&T tries to get Netflix and other streaming service providers to sign up for its Sponsored Data program, which allows content providers to subsidize customer data usage.

    Netflix, boosted by a morning Pac Crest upgrade, is trading near its session highs.



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