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Vivendi, Mediaset in talks to create 'Netflix of Southern Europe'

VivendiSA, MediasetGroup, and Telefónica plan to create a " of SouthernEurope" in collaboration with American studios.

According to an April 8 report by Le Figaro, one of the projects that prompted the between Vivendi and Mediaset aswell as their rapprochement with Telefónica is the launch of a video-on-demand serviceby subscription via OTT. Discussions have been held with severalU.S. studios, including TimeWarner Inc.'s Warner Bros. Entertainment Inc. and

The service could be available as early as September inFrance, Italy and Spain, according to the report.