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Netflix Expansion - Online Papers

Netflix Expansion

1) Title of the Article: Netflix Accelerates Ambitious Global Expansion as U.S. Growth Slows By EMILY STEEL

2) Source: The New York Times

3) Date: JAN. 20, 2015

4) Short Summary (A couple of Paragraphs)

Netflix is hoping to define Internet TV in more than a dozen languages overseas within just two years. Netflix, which already has presence in 50 countries, announced earlier in the year that it plans to accelerate its global expansion to 200 countries by the end of 2016. Netflix said it planned to replicate its subscription-based model for its streaming services. Netflix's international streaming business now loses money, but the company predicts it would generate global profit ...

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other potential markets. Netflix also faced problems in Indonesia when the country's largest Internet provider reportedly blocked the streaming network due to Netflix lacking the necessary permit to operate as a content provider in the country. Netflix have important decisions to make in order to gain permission to provide service that doesn't conflict with the country's culture and values.

5) Reason that you chose this particular article (One Paragraph)

I chose this article because Netflix is in a position to do something special regarding TV internationally. That market has huge potential since technology is advancing and more people own televisions in their homes globally. Passion for television is one of the few traits shared internationally so it will be very interesting to see if Netflix could apply what it has done in the U.S to emerge as the leading streaming provider overseas as well. They do face many challenges, some which may be too large to overcome, such as the ...

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Netflix Expansion. (2016, April 15). Retrieved November 23, 2024, from http://www.essayworld.com/essays/Netflix-Expansion/105555

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PAPER DETAILS

Added: 4/15/2016 12:10:06 PM
Submitted By: gu21
Category: Business
Type: Premium Paper
Words: 353
Pages: 2

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