Nigerian’s can now enjoy all their favourite shows via the world’s leading internet television network, Netflix.
The announcement was made by Reed Hastings at his CES keynote yesterday,saying that Netflix was going live in 130 new countries. The list includes massive new audiences like Russia, India, and South Korea. It’s a huge expansion of the company’s footprint, with China the notable exception to major markets where you can now stream its content.
The announcement basically triples the company’s distribution. “Today you are witnessing the birth of a new global internet TV network,” said Hastings. “With this launch, consumers around the world — from Singapore to St. Petersburg, from San Francisco to Sao Paulo — will be able to enjoy TV shows and movies simultaneously — no more waiting. With the help of the internet, we are putting power in consumers’ hands to watch whenever, wherever, and on whatever device.”
The company’s stock, not surprisingly, surged on the news.
Netflix says that its service “won’t be available in Crimea, North Korea, and Syria due to US government restrictions on American companies.” And major series like House of Cards and Orange is The New Black may not be available in markets where Netflix doesn’t own the distribution rights. But the company is increasingly moving to own those rights for its original content, with an eye toward maximizing the return it can get on paying to produce new films and series. Read more