Netflix comes to Pakistan

The world’s most leading video-streaming network, Netflix finnally announced the launch of its services in Pakistan as well as in 129 other countries.

The Netflix Pakistan website informed that the users can start using the services with $7.99 a month and a free month offer also.

According to the official statement posted on Netflix website, it made an announcement; with the service going live, amid an influential note by Co-founder and Chief Executive Reed Hastings.

Reed Hastings said, “Today you are witnessing the birth of a new global Internet TV network.”

“With this launch, consumers around the world; from Singapore to St. Petersburg, from San Francisco to Sao Paulo; will be able to enjoy TV shows and movies simultaneously, no more waiting. With the help of the Internet, we are putting power in consumers’ hands to watch whenever, wherever and on whatever device.”

Members with that streaming plan would be able to watch instantly via the Netflix service. The movies as well as Television shows woulb stream varying by location, and will definitely change with time.

India, Russia, Nigeria and Saudi Arabia were among those major countries where the service was launched, Hastings told at a Consumer Electronics Show keynote held in Las Vegas.

Wedbush Securities analyst, Micheal Pachter said, “This is much sooner and much more ambitious than expected.”

The services of Netflix were available in over 60 countries before Wednesday’s launch and it had earlier said that it epxects to reach at least 200 countries by the end of 2016.

However, not all shows would be available immediately to some of the fans od Netflix.

After the keynote address, Hastings told at the press conference, “We’re moving as quickly as we can to have global availability of all the content on Netflix.”

United States government restrictions on American companies indicate that Netflix would not be available in Crimea, Syria and North Korea.

The company on Wednesday also said that it was exploring different options for providing its services to China too. The company told in July that there may be a delay to enter China.

However, Netflix added simplified and conventional Chinese to those 17 languages which it already supports.

The research director at Gartner, Brian Blau stated, “I think there’s been pent-up demand for Netflix outside of the few geographies they were available in previously.”

Netflix has been spending drastically to expand worldly and has said that it scheduled to “run around break-even through 2016”.

Pachter said, “They will certainly spend a lot more on content than consensus has modeled”.