Comcast & Google Look To Tie-up With Netflix For Ad-Supported Platform

Comcast’s NBCUniversal and Alphabet’s Google are leading the race for a tie-up with Netflix to help it create an advertisement-supported subscription plan, the Wall Street Journal reported on Wednesday, citing sources.

Comcast’s video advertisement division, Freewheel, can help Netflix with technology to deliver ads, while NBCUniversal’s sales team can assist the streaming service provider with selling advertisements in the United States and Europe, the report added.

Google, which already has a relationship with Netflix as a provider of ad-buying tools, could pursue an exclusive deal with the company, the report said.

Netflix said in April that inflation, the war in Ukraine and fierce competition had contributed to a loss of subscribers for the first time in more than a decade.

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