Wuaki.tv of Spain has sealed deals with major U.S. studios in its attempt to become the Netflix of Spain.
Variety is reporting that the company has gotten permission from Disney, Sony, Paramount, and Warner Bros. to offer their content to Wuaki’s 60,000 registered users.
These deals join the list which also includes indie distributors Aurum, Vertice, and Flimax, and cartoon distributor BRB Intl. It is said Wuaki is also working on deals with Fox and NBC.
Wuaki co-founder and CEO Jacinto Roca told Variety, “Our business model with the studios is pure revenue share.”
He added that deals with TV manufacturers LG, Panasonic, Philips, and Samsung are in the works, as Wuaki is trying to have televisions created to give users integrated access to its Wuaki.tv.
“Users will be seduced by the convenience of controlling everything from the remote,” Roca said.
Much like the U.S., Spain has a number of internet users who simply download programs and movies illegally, so turning them into paying customers could prove difficult for the quickly-growing company.
Though it is just getting on of the beta phase, the company says it plans to expand to Brazil next year. Earlier this year, Netflix announced it would be heading to Latin America. When the news hit, the company’s stock surged.
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