Winnipeg Free Press - ONLINE EDITION

Telus CEO eyes bundled Netflix

  • Print

MONTREAL — Instead of being viewed as only a threat, online movie service Netflix could be bundled in with TV packages, Telus CEO Darren Entwistle said Thursday.

Telus has "no regrets" about not owning any media or broadcast assets to provide the telecommunications company with content for TV, smartphones and tablets, Entwistle said after the company’s annual meeting.

"It’s a threat, but it’s also an opportunity for us without a shadow of a doubt," Entwistle said of U.S.-based Netflix which has about two million Canadian subscribers.

"We could potentially bundle Netflix as a part of a Telus solution. We could perhaps buy it on a wholesale basis and brand it accordingly," he said in an interview.

There’s also nothing stopping Telus from developing over-the-top applications to compete with Netflix, he added.

A number of Canada’s TV providers are offering on-demand services or developing platforms to compete with Netflix.

Bell wants to buy Astral Media in a revised $3.4-billion deal to use the shows and movies from the Montreal-based specialty, pay TV and radio company to compete with Netflix and other Internet-based TV and movie providers.


Entwistle said it’s important Telus have a game plan to deal with Netflix and similar competitors.
"If there are really people that want a subscription model for second-generation movies, why not us offer that and make it part of our package? " he said.


In its financial results released earlier Thursday, Telus raised its quarterly dividend and reported an increase in first-quarter profits from a year ago, helped by higher revenue.

— The Canadian Press

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

Premier Selinger says NDP is still governing & leadership talk now is speculative

View more like this

Photo Store Gallery

  • A baby Red Panda in her area at the Zoo. International Red Panda Day is Saturday September 15th and the Assiniboine Park Zoo will be celebrating in a big way! The Zoo is home to three red pandas - Rufus, Rouge and their cub who was born on June 30 of this year. The female cub has yet to be named and the Assiniboine Park Zoo is asking the community to help. September 14, 2012  BORIS MINKEVICH / WINNIPEG FREE PRESS
  • A goose cools off Thursday in water at Omands Creek Park-See Bryksa 30 day goose challenge- Day 25– June 21, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)

View More Gallery Photos

Poll

Should Canada send heavy military equipment to Ukraine?

View Results

View Related Story

Ads by Google