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

in Local

Logan County Rejects Windfarm Plan

wind turbine

Logan County Board rejected proposal for southern part of the county.

in Local

Smoking not Cheap in Illinois in Many Ways

smoking1

It's expensive to smoke in Illinois; not just cost per pack but in other ways.

in Local

Rauner Shares Vision for Illinois — and Introduces First Pets

Illinois Gov.-elect Bruce Rauner greets Henry Kinion, right, Friday, Nov. 7, 2014, in Springfield, Ill. The Republican stopped in Springfield Friday on a six-city tour to thank supporters after his victory Tuesday over Democratic Gov. Pat Quinn.

Governor Rauner is getting settled in to the Mansion in Springfield and introduced Stella and Pumpkin, the family pets, which are both blonde labs.

in Local

Illinois State Police to Hand Cold Case over to Forensics Group

Zywiki

Forensic group to take look at unsolved 1992 Zywicki killing.

in Local

“Mr. Cub” Ernie Banks Remembered

Ernie Banks

Banks remembered as ambassador of baseball and Chicago.