Can Netflix and AT&T be "friends"?

05.12.2018 / 02:29

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Warner Media, owned by AT & T, has agreed that the popular comedy series "Friends" continue broadcasting from Netflix but at the same time have the opportunity to broadcast it on its own direct streaming platform, which is expected to launch next year - says familiar on the case.

[caption id="attachment_197419" align="aligncenter" width="1204"] AT&T Daily[/caption]

According to the source in question, the multi-year contract is almost ready. Unlike the usual Netflix offers and deals, the "Friends" broadcast is not guaranteed for the entire deal period. The unusual terms of the contract are a sign that AT & T faces difficulties they will have to navigate while trying to create their own streaming platform without alienating at the same time companies like Netflix. Netflix's Netflix Netflix acquisition cost in 2014 was $ 500,000 per episode.

The show ended on NBC in 2004 and several times broadcast it on various TV channels, including TBS and TV Land for two decades, and given the fact that the show also enjoyed great success after Netflix launched a stream his. When the Netflix website announced it would stop broadcasting, many of the fans went to social media to protest against the announcement.

Netflix took the decision to give the series exclusive to their platform in 2019. Then Warner Media will have the opportunity to add it to their video service.

The opportunity of two new AT & T and Disney rivals, who also intend to stop selling their Netflix movies and make their own platform, does not surprise Ted Sarandos, Chief Content Officer at Netflix. According to him, there is enough "space" in this business sphere and other players to be successful.

Source: The Wall Street Journal

Trader Martin Nikolov

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Can Netflix and AT&T be "friends"?

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