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Comcast to add Netflix content on its X1 set-top box
The NBC logo and Comcast are displayed on 30 Rockefeller Plaza, formerly known as the GE building, in midtown Manhattan in New York July 23, 2015.
Reuters/Brendan McDermid
Comcast Corp, the owner of the NBC TV network, has reached an agreement with Netflix Inc to stream Netflix content through its X1 set-top box, the companies said.
The service will be available to customers later this year.
No further details were disclosed.
Comcast has been adding features to its X1 service in a bid to retain pay-TV subscribers, who have increasingly gravitated to online video offerings from companies like Netflix and Hulu.
Netflix's shares were up 2.7 percent at $99.18 after technology website Re/code first reported the deal. Comcast's shares were down 0.6 percent at $64.88.
(Reporting by Anya George Tharakan in Bengaluru; Editing by Ted Kerr)
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