Netflix Signs Programming Deal With Hispanic TV Leader Univision

By | May 17, 2016

Scalper1 News

Cable and broadcast TV networks often put past seasons of current shows on streaming video services to monetize content and draw new viewers. Streaming video service Netflix ( NFLX ) is now going the other way and putting past seasons of two of its shows on a cable channel. Netflix and Univision Communications announced a promotional deal that will bring the first seasons of the Netflix original series “Narcos” and “Club de Cuervos” to broadcast television on the Univision Network and UniMas channels. “Narcos” is a crime drama and “Club de Cuervos” is a Spanish-language comedy-drama. The shows will air on Univision networks ahead of their exclusive season-two premieres on Netflix. “Promoting these original shows on Univision is a great way to further reach Hispanic audiences and help them discover Netflix,” Ted Sarandos, Netflix chief content officer,  said in a statement . Netflix and Univision also announced plans to coproduce the drama series, “El Chapo,” based on the life story of one of the world’s most notorious criminals. “El Chapo” will be available to Netflix members in the U.S. following its television airing on UniMas in 2017. In the rest of the world, episodes of “El Chapo” will premiere exclusively on Netflix. Netflix stock fell 0.6% to 88.63 on the stock market today . RELATED: Netflix Gets Vote Of Confidence From RBC Amid Heightened Skepticism Scalper1 News

Scalper1 News