wordpress blog stats
Connect with us

Hi, what are you looking for?

Netflix: “Hotstar’s a great competitor for us”

Two years after its near-global expansion, Netflix now has over 117 million subscribers, most of them in countries other than the US. While India is probably not a significant contributor to this growth — the company only had 2–3 lakh Indian subscribers one year in — international markets have been where Netflix has been growing the fastest. Reed Hastings, Netflix's CEO, said in an earnings call, "When we compare [our subscriber growth] to Latin America several years ago, we're very pleased with the progress that we're making through India, through Southeast Asia, and Japan." "Hotstar's a great competitor, collaborator" Last year, Disney bought most of 21st Century Fox, and therefore Star India too. The competitive situation with Star India's Hotstar, Hastings said, wouldn't change much. "YouTube gets the most streaming in India, but Hotstar gets the second most. So it's not a wildly different landscape. So that wouldn't particularly change our view in India. Hotstar's a great competitor, and sometimes collaborator now, and I'm sure they would continue to be under Disney." Hotstar's paywalled Premium service anyway had most Disney titles in its catalogue, thanks to a deal between the two companies almost a year before Fox was acquired by Disney. Surviving price increases Most of the international growth came as Netflix started producing larger originals outside the US like the German series Dark. So much so, that price increases across the world didn't really impact Netflix. In the EU and Australia, Netflix raised prices by roughly a euro, around…

Please subscribe/login to read the full story.
Written By

I cover the digital content ecosystem and telecom for MediaNama.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ