Netflix CEO and Co-founder, Reed Hastings is in India and in his first trip to the country, the head of the streaming giant announced strategic partnerships with Airtel, Videocon d2h and Vodafone.
In a select media briefing, Hastings said, “The next 10 or 20 years around the world will be a time of great change with the expansion of internet TV. We’ve seen internet data costs from 20 years ago to now, they are continuing to drop. And of course, with Reliance Jio, no one has ever seen a free network which costs $20 billion to build. So, it’s one of the more extraordinary things anywhere in the world. We are excited to be part of that because the viewing of our shows has gone up a lot because of the Jio network. Now, we would like to continue to expand that with all other networks. So we are launching partnerships today with Airtel, Vodafone and Videocon. We will have more of these soon.”