Telefnica to integrate Netflix into its TV and video platforms in Latin America

Madrid/Los Gatos, Calif., May 24, 2018 - Netflix Inc. (NASDAQ: NFLX), the world's leading Internet entertainment service and Telef nica (NYSE: TEF:US), one of the largest providers of integrated telecommunications services in Europe and Latin America, announced a multi-year partnership in countries in Latin America where Telef nica operates.

The agreement covers a range of initiatives, that vary according to each market, including integrating the Netflix app into Pay TV set-top boxes and providing access to Netflix from the Movistar Play Video OTT service, enabling members to pay their Netflix subscription via their Telef nica bill and adding Netflix to certain mobile video data plans that allow Telef nica customers to stream video without tapping into their standard data allowance.

Once Netflix launches on Telef nica's platforms, anyone may simply sign-up and Netflix members may log into the Netflix service on Telef nica devices and easily discover Netflix original content from around the world such as La Casa de Papel , Bright , Lost in Space , Narcos , Club de Cuervos , 3% , Stranger Things and 13 Reasons Why .

The first launches in several countries will be announced in the next few weeks and further launches will happen throughout the region in 2018.

About Netflix

Netflix is the worlds leading internet entertainment service with 125 million memberships in over 190 countries enjoying TV series, documentaries and feature films across a wide variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.

About Telef nica

Telef nica is one of the largest telecommunications companies in the world by market capitalization and number of customers with a comprehensive offering and quality of connectivity that is delivered over world class fixed, mobile and broadband networks. As a growing company, it prides itself on providing a differential experience based on both its corporate values and a public position that defends customer interests. The company has a significant presence in 17 countries and 357 million accesses around the world. Telef nica has a strong presence in Spain, Europe and Latin America, where the company focuses an important part of its growth strategy.

LINK:	https://media.netflix.com/en/press-releases/telefónica-to-integrate-ne...
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