Global Showbiz Briefs: Netflix Execs Headed Back To France For Expansion Talks; Patrick Malone Joins Goldcrest Post; More

Netflix Execs Headed Back To France For More Expansion Talks
Last week, Netflix CEO Reed Hastings said the company was eyeing “substantial” European expansion in 2014. His comments came a little more than a month after execs from the streaming service met with staff of French President François Hollande to discuss an entry into France. According to local media reports, Netflix execs now are due to return to France to meet with industry folk within the next week. Pascal Rogard, head of authors’ rights group the SACD, told Le Figaro that the situation is coming into focus with a possible launch later this year. Netflix is available in 41 countries including France’s neighbors to the north such as the UK, the Netherlands and the Nordic region. A French launch has been rumored over the years, but moving into the fiercely protected territory is ornery in part due to a complex film-windows chronology that prohibits movies from appearing on monthly SVOD services until three years after a theatrical release. There is no such protection for TV series, but Netflix’s House Of Cards already airs on local pay-TV leader Canal Plus, which would see the service’s arrival as competition. In a conversation with analysts, Netflix Chief Content Officer Ted Sarandos was asked last week whether the service would be out of certain markets with its key originals because it had already sold them to local providers. “It depends,” he said. “There’s multiple windows, and we’ll continue to have those negotiations as we get closer to those launches.” It’s expected that should Netflix enter France, it would have to adhere to obligations to invest in local content. Culture Minister Aurélie Filippetti told Le Journal du Dimanche this weekend, “Netflix should be an additional player, not a stowaway.” It’s also believed that Netflix is eyeing a move into Germany. With regard to expansion, MoffettNathanson Research’s Michael Nathanson said last week that “it remains difficult to figure out the ultimate size and value of Netflix’s international opportunity” due to the company’s “undisclosed new market entries, minimal transparency and continual reinvestment.” (more…)

This article was printed from https://deadline.com/2014/01/global-showbiz-briefs-netflix-execs-headed-back-to-france-for-expansion-talks-patrick-malone-joins-goldcrest-post-more-673053/