Reed Hastings, head of world’s biggest streaming platform Netflix in his recent interaction expressed that ventures like Reliance Jio will strengthen the penetration of internet. As reported by Economic Times, Hastings opined that India with its innovative and creative production has a potential to hit the international market with its original series.
Commenting on the emerging trends in India, the Netflix CEO asserted that, the international platform is all set to cater the potential100 million consumers. He also completed the rich and incredible culture of storytelling in India. Asked about overboard advertising in India, Hastings stated that as content on Netflix is free from advertisements, it will resolve the issues associated with existing ad-supported television in India.
Netflix is the world’s leading Internet television network with over 117 million members in over 190 countries enjoying more than 125 million hours of TV shows and movies per day, including original series, documentaries and feature films. The streaming service allows user to watch a wide variety of award-winning TV shows, movies, documentaries and more on thousands of Internet-connected devices. With Netflix, you can enjoy unlimited viewing of our content without having to watch a single commercial.
Founded by Reed Hastings and Marc Randolph on August 29, 1997, in Scotts Valley, California, Netflix provides streaming media and video-on-demand online. In 2013, Netflix expanded into film and television production, as well as online distribution. The company has its headquarters in Los Gatos, California.