It’s no longer news that Netflix is rapidly expanding globally, so it doesn’t make sense to report each and every new market it announces — the company plans to be in more than 200 markets (or “nearly global,” as it says) by the end of 2016.
That said, Netflix today shared a more substantial update on some of its plans for key markets in Asia, announcing that the video-streaming service will hit South Korea (we already caught wind of that one over the weekend), Singapore, Hong Kong, and Taiwan in “early 2016.”
The service also just launched in Japan earlier this month.
Netflix’s chief executive Reed Hastings said that the four markets announced today are representative of trends toward “increasing Internet speeds and [the] ubiquity of connected devices.”
June 5th: The AI Audit in NYC
Join us next week in NYC to engage with top executive leaders, delving into strategies for auditing AI models to ensure fairness, optimal performance, and ethical compliance across diverse organizations. Secure your attendance for this exclusive invite-only event.
“[These trends] provide consumers with the anytime, anywhere ability to enjoy their favorite TV shows and movies on the Netflix service,” he said.
The company said its service will be available at launch on smart TVs, tablets and smartphones, computers, and a range of Internet-capable game consoles and set-top boxes.
A breakdown of prices for each market was not given, neither were any hints as to what kind of original content each location can expect to see.