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Netflix in talks with Hollywood studios for new tier with ads – WSJ

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Reuters UK

(Reuters) – Netflix Inc is looking to tweak its programming deals with Hollywood studios to enable the streaming pioneer’s launch of an advertising-supported version of its service, the Wall Street Journal reported on Tuesday. The company has started talks with Warner Bros., Universal and Sony Pictures Television, the report said, citing people familiar with the matter. (https://on.wsj.com/3yCGIa7) It will also need to renegotiate agreements for older television shows such as “Breaking Bad” from Sony and “NCIS” from Paramount Global, according to the report. The companies did not immediately r…

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