Neither Comcast or Netflix would comment on what bounty might be paid or who would handle things like billing between them. Payments to distribution partners are reported in marketing expenses on Netflix's consolidated financials.” He did note that Comcast’s pay-per-view business could be impacted, though not significantly. In his June report, Morgan Stanley’s Benjamin Swinburne discussed some of the possible financial arrangements of such a deal: “We would expect Netflix to give up some economics, similar to other distribution partners like Apple or TiVo but we do not believe it would meaningfully alter the direction of Netflix profits over time. Simply put, lots of people like Netflix, so why not just offer it easily to cable customers to keep them happy?įor Netflix, the addition of new subscribers would be a big benefit and it would also put them closer to a wider range of consumers. It would also help Comcast have a more competitive video offering to others, like Roku, Verizon and Dish, that have apps from services like Hulu and Netflix. It also is embedded in smart televisions.Ī recent report by Morgan Stanley, in fact, raised this possibility of a Comcast deal, especially noting that it could benefit by getting a larger bounty from Netflix for adding subscribers.
Netflix also has deals with Apple, Roku and Google’s Chromecast, with its app offered on these Internet TV services. Basically, the Netflix app is present on the X1 platform, for users to sign into, making it easier than using other ways to do so. Sources said the deal to be on the cable giant’s set-top box would be akin to the arrangement that Netflix has cut with smaller cable operators in the United States and bigger ones across the globe. We'll provide more details at that time.” We have much work to do before the service will be available to consumers later this year. Said the pair in a statement: “Comcast and Netflix have reached an agreement to incorporate Netflix into X1, providing seamless access to the great content offered by both companies. The more people they can reach with 4K content, the better.įrom what I have seen, the Ultra 4K HD content is incredible.Cable giant Comcast will allow popular web video streaming service Netflix onto its X1 platform, the companies confirmed after being asked by Recode about talks to do so.
That’s quite fast, and I know many rural places do not have internet speeds that average that download speed.Īll in all, this seems like a major step in right direction for Netflix. Variety is also reporting Netflix recommends you have at least an internet speed of at least 25 megabits per second to stream in 4K.
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It’s pretty cool that Netflix and Comcast have partnered to make their original shows and movies available for Comcast customers with the X1 system.
Netflix subscribers pay $13.99 per month for the Ultra 4K HD content plus the rest of the Netflix library. This is not like Netflix and T-Mobile’s deal. You still need to have a Netflix subscription in order to watch it. They simply get access to a handful of shows and movies available in 4K, and it’s only for Comcast users with the specific X1 box and a 4K TV that have access to this content.
Comcast customers do not get free Netflix subscriptions. There’s been some confusion about this feature on social media. Comcast customers can just click on the Netflix shows and movies and stream them on their TVs.Īccording to the report, there are more than 1,200 hours of free Ultra 4K HD content available to Comcast customers, including almost all the big Netflix original shows and movies like Stranger Things, House of Cards, Marvel’s Daredevil and more. According to a report from Variety, Comcast has added all of Netflix’s Ultra 4K HD content to the X1 box. If you have Comcast Xfinity, you’re in for a treat courtesy of Netflix. Must Read: Stranger Things 3 release date