NBCUniversal, Google top contenders for tie-up with Netflix for ad-supported plan: Wall Street Journal

Google, which already has a relationship with Netflix as a provider of ad-buying tools, could pursue an exclusive deal with the company.

THE ECONOMIC TIMES
Comcast Corp's NBCUniversal and Alphabet Inc's Google are leading the race for a tie-up with Netflix Inc to help it create an advertisement-supported subscription plan, the Wall Street Journal reported on Wednesday, citing sources.

Comcast's video advertisement division, Freewheel, can help Netflix with technology to deliver ads, while NBCUniversal's sales team can assist the streaming service provider with selling advertisements in the United States and Europe, the report added.

Google, which already has a relationship with Netflix as a provider of ad-buying tools, could pursue an exclusive deal with the company, the report said.


Netflix, Alphabet and Comcast did not immediately respond to Reuters' requests for comment.

Netflix said in April that inflation, the war in Ukraine and fierce competition had contributed to a loss of subscribers for the first time in more than a decade.

The company could introduce its lower-priced ad-supported subscription plan by the end of the year, earlier than originally planned, according some reports.
ADVERTISEMENT
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Tech › Tech & Internet › NBCUniversal, Google top contenders for tie-up with Netflix for ad-supported plan: Wall Street Journal
Text Size:AAA
Success
This article has been saved

*

+