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Bloomberg: Netflix talking with Vodafone about free streaming promotion

  • 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.
Comments (6)
  • Sakelaris
    , contributor
    Comments (1409) | Send Message
     
    Great news for Netflix! It is good to partner with other companies to help find new customers.
    17 Apr, 01:10 PM Reply Like
  • Sakelaris
    , contributor
    Comments (1409) | Send Message
     
    Although I should add that I would worry about a Netflix deal with any of the US cable companies, as I feel that they would try to limit the Netflix content as part of the deal.
    17 Apr, 02:55 PM Reply Like
  • Mikie713
    , contributor
    Comments (337) | Send Message
     
    Also great news for $VOD, in a global economy that is changing the way entertainment is delivered, not only in the US but world wide, both entities involved are sure to prosper enormously. $T can only fume with envy at this. $VOD has become the "Cinderella" of the global telecoms. And $T is gonna dig a little deeper if it still has desire to pursue.
    17 Apr, 01:39 PM Reply Like
  • Doc's Trading
    , contributor
    Comments (1283) | Send Message
     
    NFLX......raise sell stop to 338.90 from 331.90 or sell long position here at the 348 level. I am now looking for an entrance to short this stock again...
    more later...
    17 Apr, 02:03 PM Reply Like
  • robertf97
    , contributor
    Comments (17) | Send Message
     
    Sounds like free America Online Cd's
    17 Apr, 02:20 PM Reply Like
  • Mikie713
    , contributor
    Comments (337) | Send Message
     
    Except this has nothing to do with the US Markets/Cable companies, I hope everyone is realizing this. $VOD is strictly everywhere but the US.
    17 Apr, 03:03 PM Reply Like
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