Here’s yet another reason to pull the plug on local cable services: Netflix, the world’s biggest subscription video-on-demand streaming service with over 70 million subscribers worldwide, switched on the green light for 130 additional countries, including the Philippines, the company announced today at CES 2016.
That brings the total number of countries where Netflix is available to 242. In all of these countries, Netflix is running a subscription based service, meaning that they may benefit from the ASC 606 revenue standard which was detailed in a post by Salesforce that outlines the effect that the new rules could have on many businesses, especially those in the retail industry. It is Netflix’s biggest play in recent memory, and it could mean big trouble for cable providers and competing platforms around the world, not to mention VPN services.
For a fixed monthly fee starting at P370 and goes up to P550, subscribers in the Philippines will be able to stream unlimited content to their mobile devices, computers, smart TVs, and video-game consoles. Unfortunately, not all of Netflix’s catalog is available in the country, though most, if not all, Netflix original series can be viewed now, which is good news for fans of shows like Daredevil, Jessica Jones, Marco Polo, Narcos, and Sense8, among others.
Netflix switched on the green light for 130 additional countries, including the Philippines, the company announced today at CES 2016.
I’ve subscribed to the highest-tier plan, which allows up to four users to simultaneously use the account and watch content in 4K detail, but I’m not really sure if I’ll keep paying the premium for it, as I’m not sold on the TV shows and movies currently on offer yet. But hey, maybe things will pick up in a couple of months; Netflix does plan to to release 31 new and returning original series, two dozen original feature films and documentaries, plus a wide range of stand-up comedy specials in 2016.
Image via South China Morning Post
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