Netflix To Set Deal With Cable Companies?–Reuters

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By Douglas A. McIntyre Published
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Cable companies and Netflix (NASDAQ: NFLX) have been natural enemies for years. First, its DVD by mail service undercut cable firm VOD to  the home. Then, Netflix streaming video over broadband internet posed another challenge to what cable companies could make from premium channels and VOD.

But, Netflix has been on the ropes lately as an increase in fees caused a revolt among subscribers, and the cost of premium content from studios has gone up. Netflix has even begun to create its own programs.

But the ice between cable and Netflix may have thawed as companies like Time Warner Cable (NYSE: TWC) and Comcast (NASDAQ: CMCSA) have tried to battle premium channels for what the collect as carriers of content. Netflix could be an ideal partner to improve their negotiating position with studios.

An exclusive report from Reuters said

In what would ratchet up its competition with HBO, the talks could lead to Netflix becoming available as another on-demand option for cable subscribers through their set-top boxes, according to three people familiar with the talks. If a partnership came to fruition, a cable operator might offer Netflix as an additional option added onto a subscriber’s cable bill

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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