A report in French daily Le Figaro described the negotiations as “well advanced” and could be concluded within weeks.
Netflix would be offered as an additional option for Canal’s existing subscribers. In recent months Netflix has become more creative in how it allows pay-TV companies to present its service. For example Sky subscribers can receive a special discount when they also take Sky’s wider on demand package.
Netflix made its debut in the French market in 2014 and has built up a subscriber base of some 5 million. It’s also thought to have impacted on Canal’s own ability to hold onto its customers.
Now with the arrival of Disney+ and Apple TV+ it’s time to make friends.