Netflix May Be Coming To India Next Week
Popular on demand streaming service Netflix may launch in India as early as next week, according to a new report . The California based company is expected to make the formal announcement for the same at the upcoming CES 2016 trade show to be held in Las Vegas.
The report is in line with Netflix’s previous announcement to enter Singapore, Hong Kong and two other Asian nations in early 2016.
According to the report which quotes industry sources Netflix will partner with a local telecom firm to take advantage of the latter’s 4G networks in the country. Bharti Airtel seems to be one of the top contenders here as it is the only company right now to have a substantial 4G footprint in India.
Another contender could be Reliance Industries Limited (RIL). Reliance recently announced its Jio 4G services in the country, although these are currently only available to its employees. This could change in the days to come, with a broader public roll out.
Netflix is the world’s largest video streaming company with over 69 million users as of October 2015. It offers content in partnership with major TV networks and movie studios. At the same time, the company is also producer of its original shows exclusive rights to which are owned by Netflix.
A one month subscription of Netflix costs users in the US some $8.99 which roughly translates to Rs 600. It would be interesting to see how the company goes about pricing its services in India. Also, whether or not India would receive the US catalogue or one that is custom made specifically for the country is yet to be seen.