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Netflix launches in India, plans start from Rs 500

  • Netflix Inc launched operations in India on Wednesday, with plans
    starting at Rs 500 per month, as the U.S.-based video streaming company pushes
    ahead with its global expansion plans, reported
    Reuters.
  •  
  • The move confirmed months of speculation on the launch of the
    • Netflix Inc launched operations in India on Wednesday, with plans
      starting at Rs 500 per month, as the U.S.-based video streaming company pushes
      ahead with its global expansion plans, reported
      Reuters.
    •  
    • The move confirmed months of speculation on the launch of the
      service in the second-most populous country in the world.
    •  
    • The company will also offer two other plans priced at Rs 650 and Rs
      800, it announced on its website.
    •  
    • Netflix is aggressively moving into new markets and aims to reach
      200 countries by the end of 2016, as slowing domestic growth puts pressure on
      the company. Users can access Netflix through an app on a smart TV, a videogame
      console, a streaming player, a smartphone or a tablet.
    •  
    • The company also went live in more than 130 countries on Wednesday,
      covering almost the entire globe except China, in a huge global push by Chief
      Executive Reed Hastings to counter slowing growth in the United States.
    •  
    • Nigeria, Russia and Saudi Arabia were among the other major
      countries where the service was launched, Hastings said at CES 2016 in Las
      Vegas.
    •  
    • Netflix, which had expanded into more than 60 countries before
      Wednesday’s launch, previously said it aimed to reach 200 countries by the end
      of 2016.
    •  
    • However, all shows will not be available immediately to some Netflix
      fans. “We’re moving as quickly as we can to have global availability of
      all the content on Netflix,” Hastings said at a press conference after his
      speech.
    •  
    • U.S. government restrictions on American companies mean Netflix will
      not be available in Crimea, North Korea and Syria.
    •  

     

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