Sky strikes deal to add Netflix to its European pay-TV bundles

Source: CNBC:

March 2, 2018 at 06:32

Chesnot | Getty Images /Sky, the European pay-TV group at the centre of a fierce takeover battle, said it would add online video service Netflix to a new TV bundle, brin The Netflix logo is displayed during trade fair Paris Games Week on October 31

Sky CEO Jeremy Darroch said the tie-up would enable customers to access even more entertainment on its platform.
Netflix will launch on Sky's premium Sky Q product in Britain and Ireland this year, and in Germany, Austria and Italy thereafter, Sky said.

Sky, the European pay-TV group at the centre of a fierce takeover battle, said it would add online video service Netflix to a new TV bundle, bringing drama like "The Crown" to its sport and entertainment offer for the first time.

Netflix's mix of original drama and movies has proved popular globally, with subscriber numbers reaching nearly 118 million at the end of 2017, bringing new competition to traditional pay-TV cable and satellite providers.

Sky CEO Jeremy Darroch said the tie-up would enable customers to access even more entertainment on its platform.

"By placing Sky and Netflix content side by side, along with programmes from the likes of HBO, Showtime, Fox and Disney, we are making the entertainment experience even easier and simpler for our customers," he said.

Netflix will launch on Sky's premium Sky Q product in Britain and Ireland this year, and in Germany, Austria and Italy thereafter, Sky said.

Sky, which Rupert Murdoch's Twenty-First Century Fox and Comcast Corp are battling over, struck a deal with British rival BT last year to carry each other's sports channels, enabling viewers to see more Premier League soccer on one platform.