Netflix CEO Says Every Country Needs A 'Transformational Network' Like Reliance Jio

Netflix has grown exponentially in India over the past year, thanks largely to the affordable data packs offered past Reliance Jio. The carrier has already earned a lot of accolades from various sectors for its plans and offerings that have allowed millions of Indians to surf the net and talk to their friends and family without burning a pigsty in their pockets, and now, it is the turn of Netflix CEO, Reed Hastings, to shower his praises on the company for its "transformational network".

In an interview to The Economic Times, Hastings lavished loftier praise on the Mukesh Ambani-led company, going so far every bit to say that every country needs a Reliance Jio. According to him, "Reliance Jio has been a transformational network in India and has brought down data cost massively. There are other people effectually the world having that kind of touch and tin get people to use internet more. We promise someone would do a Reliance Jio in every other country".

Talking about Netflix's plans in the land, Hastings said that India is an extremely of import marketplace for the company, given its well-documented story-telling traditions and a thriving movie industry. Co-ordinate to him, the company's subscription-based revenue model tin can complement India's cable Goggle box industry that relies almost entirely on advertisements for revenues.

Netflix is betting big on India, and is planning to reach 100 1000000 viewers in the state in the nearly future. Towards that end, the company is working on bringing a whole bunch of new Indian original serial to its platform. The visitor recently announced iii new India-based titles – Leila, Ghoul and Crocodile – in improver to 4 others that were announced earlier, including Sacred Games, Choice Mean solar day, Again and Bard of Blood.