Every country needs a Jio: Netflix CEO Reed Hastings - News Summed Up

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Every country needs a Jio: Netflix CEO Reed Hastings


There are other people around the world having that kind of impact and can get people to use internet more. We hope someone would do a Reliance Jio in every other country,” said Netflix CEO Reed Hastings Reliance Jio, which started services in September 2016, has helped to spur data consumption in the country with its 4G-only network.Los Gatos, California-based Netflix said India can contribute content to its global audience and will increasingly take its original series to international markets. Netflix has announced seven local series, beginning with Sacred Games, featuring Bollywood A-lister Saif Ali Khan and an entirely Indian production team. Pricing is a factor — Netflix subscriptions start at Rs 500 a month compared with Rs 999 a year for Amazon. Their strategy is to win by being broad with a little bit of everything,” added Hastings.


Source: Economic Times March 11, 2018 17:46 UTC



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