Brazilian TV broadcasters SBT, Record TV and RedeTV would be negotiating with Netflix – through its joint venture company Simba – to offer their content on the giant streaming service, according to Uol journalist Ricardo Feltrin.
The intention is to counter pay TV operators, who refuse to pay for the distribution of the three channels in HD version. In this way, the TV networks could give Netflix rights to stream products such as novels, news shows and specials, among others.
According to the Brazilian journalist, Simba is also negotiating with Amazon, the streaming platform that arrived in Latin America in December 2016.
Simba is a joint venture company initially created by the three networks to negotiate together the sale of their DTT channels to pay TV operators.