Netflix has rolled out to 130 more countries, CEO Reed Hastings announced yesterday.
Reed Hastings said, “Today you are witnessing the birth of a new global Internet TV network,” These newly added countries include Russia and India where it was already rumored that Netflix would be expanding to soon. The rumors never mentioned that Netflix would announce an expansion into 130 countries simultaneously though. No one saw this coming.
China is not on the list of supported countries and Netflix says that it will continue to explore ways to bring its service to potential users in that country. The service also won’t be available in North Korea, Crimea and Syria due to restrictions on American companies by the U.S. government.
Netflix was previously live in only 60 countries. This is the biggest expansion that it has made thus far so this is big news. Subscription pricing will vary depending upon the market, of course. Netflix also announced that it’s going to work with LG to bring prepaid access to its service in markets where credit card-based recurring subscriptions aren’t prevalent. The company is making big moves.
Agencies/Canadajournal