Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more.
Netflix confirmed today that it’s now available in 130 new countries, including India, Russia, Poland, Saudi Arabia, Vietnam, Nigeria, Singapore, Turkey, Indonesia, and South Korea. Prior to today, Netflix was available in 60 countries.
In other words, the service is now available just about everywhere on Earth, aside from China, North Korea, Syria, and Crimea.
Netflix announced the news today during the opening keynote for CES’ 2016 consumer electronics trade show in Vegas. The massive expansion serves as a counter to Netflix’s recent sluggish growth in the U.S.
Although this is a big move for Netflix, CEO Reed Hastings specifically pointed out the company’s ambitions to launch in China, where roughly 20 percent of the world’s population resides. Hastings said last year that he hopes to bring Netflix to every country by 2016.
Last we heard — during its third-quarter 2015 earnings — Netflix has 69 million subscribers. Following this announcement, Netflix’s stock spiked six percent.
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform
- networking features, and more