Andre Yoskowitz
6 Mar 2012 18:48
According to Reuters, Netflix has been meeting with cable companies in the past weeks in an effort to get their own channel.
If CEO Reed Hastings is successful, Netflix would become available as an on-demand option for cable subscribers, similar to rivals HBO and Showtime.
The channel would offer Netflix's streaming catalog of 25,000 TV episodes and movies.
Says Hastings: "It's not in the short term, but it's in the natural direction for us in the long term. Many (cable service providers) would like to have a competitor to HBO, and they would bid us off of HBO." The sources say at least one cable operator is considering experimenting with a Netflix offer by the end of the year.
One cable operator that will not talk to Netflix is Comcast, which recently launched its own service with similar content.