French public broadcaster France Televisions and Italy’s RAI announced this week that they would be working together to produce a broad slate of content for global distribution, including dramas, documentaries, animation series and other genres of TV entertainment. They were blunt about their goal; it is to counter the growing impact of SVoD services rapidly gaining audiences in Europe. Senior executives from the companies specifically mentioned Netflix Inc. (Nasdaq: NFLX) and Amazon.com Inc. (Nasdaq: AMZN) as drivers for the partnership.

Source: European Broadcasters Team Up to Take Down Netflix | Light Reading

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