Saturday, January 2, 2016

Netflix set to enter India

Netflix is all set to launch it India operations. Hindu Business Line says, "Netflix could enter India through a partnership with a local telecom firm to take advantage of the 4G networks that make watching high quality video streaming possible on a mobile anywhere."

The online Online video streaming service is expected to make an announcement in this regard at the forthcoming Consumer Electronic Show at Las Vegas next week.

Netflix, which is also battling competition from streaming services such as Amazon.com Inc's Prime Video service and Hulu, has been aggressively building its overseas presence.

The company aloso announced earlier that it was in the "early stages" of its China entry and said it was "still learning a lot".
Netflix said in July its plans to enter China in 2016 could be delayed.

Netflix Inc will focus on developing its own content next year and nearly double the number of original shows to 31 from 16, its chief content officer Ted Sarandos said recently.

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