Deutsche Telekom is in talks with U.S. video streaming company Netflix about a possible marketing alliance, a German magazine reported on Friday. German monthly Magazine Manager cited people familiar with the matter as saying the talks were far advanced but no deal had been clinched and that Netflix was also in touch with other German telecoms groups. Netflix in May unveiled plans to launch in both Germany and France this year, in the biggest test so far of its global expansion strategy. Manager Magazine said Deutsche Telekom was open to accommodate Netflixs expansion even though the service would compete with the German companys own web-based TV offering called Entertain.