Netflix launches Korean service [2016/01/27 14:52]

Netflix, which delivers video online, is expanding worldwide.

Netflix recently announced it would launch its service globally. It will bring its Internet TV network to more than 130 new countries, including South Korea. It will be available in a total of 190 countries, up from the 60 it already serves.

Netflix is the world’s largest video-streaming service with over 70 million subscribers.

The announcement was made by the company’s cofounder and CEO Reed Hastings during his keynote speech at the Consumer Electronics Show in Las Vegas.

“Right now, you are witnessing the birth of a new global Internet TV network,” he said. “With the help of the Internet, we are putting power in consumers’ hands to watch whenever, wherever and on whatever device.”

Netflix said pricing was fairly similar around the world. New markets will be priced starting at $7.99 per month. A free trial for one month is offered in the countries where the service is available.

Netflix’s Korean launch comes as part of the company’s Asian push in recent months. The company launched its first Asian service in Japan in September 2014.

Greg Peters, chief streaming and partnerships officer, said the company would seek to increase ties with Korean partners including Samsung Electronics and LG Electronics.

The company had keen interest not just in distributing Korean content around the world, but also in producing them with creative artists, he added.

Some of the countries where Netflix will not be offered include China, North Korea and Syria.
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