Netflix, Inc. (NFLX) is Talking with Telecom Italia SpA (ADR) (TI) to Discuss Content Deal in order to launch a streaming company in Italy.
According to Reuters, The largest company of phone in Italy Telecom Italia SpA said that they are presently in contact with the streaming giant Netflix Inc. on a potential deal between the companies.
The particulars of the deal are still not known completely due to undefined conformity between Telecom Italia and Sesso Webcam Netflix, but it looks like that internet famous TV will be joined with Telecom fast connections, enabling the clients to use the video streaming service, purchase of content, download and rental.
That means the user of Telecom ADSL and fiber connections subscribers' wil have the option to subscribe Netflix for an expected price of almost 10 euro monthly.
Chief Executive Officer of Telecom Italia, Marco Pautano said, "We are in talks also with Netflix. In some European countries (Netflix) has chosen to make deals with telecoms operators,"
He was pointing out the fact that in country like Belgium, services of Netflix are obtainable via the platform TV of the state telecom company known as Belgacom.
He further said that on Tuesday that the overall skyline content will be accessible for the subscribers with in the coming month.
Similar to other telecom companies, Telecom is stepping in the market of content to seek a new way to increase its income as its conventional voice services has been declining in recent times
It gives the impression that the services that Netflix offers for the European country would not be of similar quantity and contended, which has made the subscription a success in United States.
In second half of 2014, the streaming company had subscribers of over 50 million with 35 million in US only. Italian company and Netflix looks like that they will offer a constricted catalogue compared to what it offers in US. Nonetheless, it's great news for all the subscribers waiting from a long time to witness the internet TV experience internationally.
The launch of the streaming company in Italy is similar to that of Amazon in the same country. As the electronic commerce has transformed retail industry by increasing price competition, high quality of customer service and shipment, so does that mean the arrival of the company in Italy have all the potentials to open the Italian TV market
With Netflix services available at reasonable prices along with high quality of content , it includes conventional TV airing, private channels, public channels for Mediaset and Sky premium as the other kind of digital services previously obtainable through internet.