Wednesday, May 1, 2013

The Wrap Culture - Entertainment Industry Analysis, Breaking Hollywood News: Viacom CEO: 'We're Still in Discussions with Netflix'

The Wrap Culture - Entertainment Industry Analysis, Breaking Hollywood News
Viacom CEO: 'We're Still in Discussions with Netflix'
May 1st 2013, 13:22

Viacom CEO Philippe Dauman isn't giving up on the possibility of extending the media giant's distribution pact with Netflix.

The media mogul told investors and analysts during a quarterly earnings call on Wednesday that it is possible that Viacom will work out a new pact with the streaming service before its distribution pact expires this month.

"We're still in discussions with Netflix," Dauman said.

"We're open to licensing content - some on an exclusive basis and some on a non-exclusive basis," he added.

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