Italy's biggest phone company, Telecom Italia said on Tuesday it was in talks with Netflix over a possible content deal with the U.S. online movie streaming company. "We are in talks also with Netflix," Telecom Italia Chief Executive Marco Patuano told a parliamentary hearing. "In some European countries (Netflix) has chosen to make deals with telecoms operators," he added, recalling that Netflix services are available on the TV platform of Belgium's national telecoms company Belgacom. Like other telecoms companies Telecom Italia is moving into the content market to find new sources of income as sales from its traditional voice services decline as competition from online firms increases.
via Tech News Headlines - Yahoo News http://ift.tt/1B0PkQx
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