SoftBank, Netflix Japan Announce Partnership
SoftBank Corp (OTC: SFTBY) and Netflix Inc. (NASDAQ: NFLX) announced SoftBank will exclusively offer a fully integrated Netflix experience, including billing, when Netflix Japan launches on September 2.
Netflix also announced monthly pricing for the Japanese market as follows:
-Basic Plan Single-stream standard definition for 650 JPY (pre-tax)
-Standard Plan Two-stream high definition for 950 JPY (pre-tax)
-Premium Plan Four-stream 4K ultra-high definition family plan for 1,450 JPY (pre-tax)
Under the agreement, SoftBank customers will be able to sign up for Netflix at SoftBank Shops, major electronics retailers, via the SoftBank website and via SoftBank call centers without filling out payment information, with Netflixs monthly fee added to their bill. In addition, SoftBank will begin pre-installing the Netflix app on its smartphones for sale after October 2015.
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