Netflix Set To Launch In India!

Netflix[tps_footer]Hollywood streaming service Netflix is all set to launch in India probably in the coming weeks once the official announcement is made. According to speculations, the announcement will be made at the Consumer Electronics Show 2016 that will be held at Las Vegas in the coming week. Netflix officials however have restrained from making any official statements which puts the issue in a standstill as the news of their intention to launch service in India have been doing their rounds since last year. It was speculated that by early 2016 the company will ready itself to enter the Indian market and it seems like the time has come.

CLICK HERE FOR ALL DILWALE BOX OFFICE UPDATES

According to reports, the move of launching Netflix in India at the moment comes with an intention to exploit the 4G LTE market that is currently gaining momentum in the country through distributors like Airtel. Airtel is the sole 4G provider in India currently and if reports are to be true, Netflix and Airtel have entered into some sort of understanding for its launch in Indian market. Currently major part of the country is still using 3G services and thus the delay in launch of Netflix that solely runs on Internet is understandable.

CLICK HERE FOR ALL BAJIRAO MASTANI BOX OFFICE UPDATES

For those who are unfamiliar with the concept of Netflix, it is an online streaming service that has recently started producing original content. Some of the most well known shows that are available on their streaming service include Sense8, Orange Is the New Black, Marvel’s Daredevil, Marco Polo, House of Cards, Bloodline, Arrested Development and The Killing among others. Although no details of the diversification have been revealed, it is speculated that iconic Hindi TV series and movies will be included in the catalogue.

ALL LATEST BIGG BOSS 9 WITH SALMAN KHAN STORIES CLICK HERE

In USA, the monthly charge to use Netflix comes around $8.99 which is Rs. 600 approximately. In India, however, the rate will be far less given the infrastructure and scattered usage of Internet across the country. Internet is definitely a growing technology, and with Netflix’s arrival, things will get more interesting for the audiences.[/tps_footer]

About Author

BusinessofCinema News Network

Learn More →