BSkyB Wins Regulatory Reprieve in Movie Business on Netflix
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British Sky Broadcasting Group Plc no longer has too much control over pay-TV movie rights following rising competition from online services Netflix Inc. and Amazon.com Inc.’s Lovefilm, according to a U.K. regulator.
The new offerings have loosened BSkyB’s dominance over first rights to show films, the Competition Commission said today in a statement, in a reverse of its earlier findings. The regulator provisionally found in August that BSkyB’s control over the market led to higher prices and reduced choice for subscribers.