Netflix Reportedly Meeting With Cable Companies As Amazon Eyes Original Content
Netflix, the largest subscription streaming video service on the Web, is reportedly eyeing a much more conventional way of expanding its business: Cable TV.
Netflix CEO Reed Hastings has “quietly met with some of the largest U.S. cable companies in recent weeks,” about a plan to offer Netflix as another “on demand” cable package option, according to a Reuters exclusive on Wednesday.
As the Retuers report notes, the move would be a huge 180 for cable companies, which have traditionally viewed Netflix with skepticism and disdain, fearing that it would drive people away from cable.
But the major cable companies in the U.S. — including Comcast, Time Warner and Verizon, among others — also happen to be the country’s major Internet service providers, meaning that like it or not, they bear some responsibility in Netflix’s success.
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