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Netflix, Inc. (NFLX) Message Board

  • singhlion2001 singhlion2001 Mar 1, 2013 3:36 PM Flag

    NETFLIX BUST IN NORDIC:In Sweden, TV Tax Comes to Smartphones

    BY GUSTAV SANDSTROM

    Sweden's public broadcaster, feeling pressure as streaming heavyweights like Netflix and HBO gain ground with their newly-founded Nordic services, is taking the nation's television license fees to a new level by asking smartphone and tablet users to pay up.

    License fees have been in place for years as state-backed broadcasters look to fund commercial-free programming, including the BBC. In Sweden's case, anyone owning a television is forced to pay a SEK173 ($27) tab per month for Sveriges Television, Sveriges Radio and educational broadcasting known as Utbildningsradion. That fee hardly looks like a bargain compared with the SEK79 ($12) monthly fee ..

    Sentiment: Strong Sell

 
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