Are you a Netflix user? Have you watched any movies or programs through the Netflix platform? Well during the Consumer Electronics Show Netflix announced that it is now live in more than 130 new counties. The ceo announced "Today you are witnessing the birth of a new global internet tv network" For one set monthly price you can watch original and licensed content in many languages including Arabic, and Korean. The roll out is continuing in more countries. Plans in India will start at about 500 rupees ($7.50) per month. There will be two other plans at 650 and 800 rupees each.
I think the cost of marketing to new customers and offering free trials will initially hurt their profits but that will eventually turn into a boost to the bottom line. Netflix is headed towards becoming a powerful player in the broadcast business. I think the next move for them should be to create a live news program to be broadcast over the internet.









