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Chocolate [soylentnews.org] writes:

Recently, news of subscriber numbers dropping triggered a lawsuit against Netflix, Disney announced their own channel, and content providers are clawing back their IP (Imaginary Property [techdirt.com]), and generally it was all looking bad for Netfix and Friends [time.com]. Talk of how splintered the streaming market is becoming and how long Netflix can last in the foreseeable bleak future has dominated the discussion. Good news, everyone: Netflix has confirm a deal to integrate with Foxtel Australia [news.com.au] to allow Foxtel subscribers access to the Netflix catalogue. This is a huge step forward in healing the fractured market in Australia and importantly cementing Netflix's dominant position in the streaming space. Foxtel has been fighting a losing battle to Netflix as it shed 100,000 subscribers in their last financial quarter while its debt builds. This deal is meant to be a lifeline for Foxtel but it may end up being the boost Netflix needs to encourage other streaming competitors to join rather than fight.

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