Sunday 10 January 2016

Netflix Around The World

Netflix launched its service globally, simultaneously bringing its Internet TV network to more than 130 new countries around the world. The company made the announcement -- and the service went live -- during a keynote by Co-founder and Chief Executive Reed Hastings at CES 2016. It said it was still trying to expand to China. The other exceptions are North Korea, Syria and Crimea, where it is banned from operating by US law. The company's shares closed the day more than 9% higher. Netflix has served a total of 125 million hours a day of entertainment to its viewers, and had streamed 12 billion hours-worth of video over the final three months of 2015, which is nearly 50% up on the same period in 2014.