Every year at the Consumer Electronics Show, technology companies from across the world flock to Vegas to vie for technical supremacy in the coming year. The trade show has become a much-anticipated tradition — especially among gadget fans — because it seems that every new CES brings with it some innovation or some announcement that promises to change the way we interact with tech.
This year, one day into the show, Netflix has already won the kit and kaboodle. Yesterday, the streaming titan announced that it would expanding its service to more than 130 additional countries. The announcement means that Netflix is planning to triple its worldwide coverage, going from 60 nations to nearly 200 in the coming months.
Netflix Chief Executive Reed Hastings was understandably excited, explaining to the crowd at his CES keynote address, “When we started Netflix nearly 20 years ago, we dreamed of the day when the Internet would enable us to deliver TV shows and movies to the billions of people with whom we share the planet … Today, right now, you are witnessing the birth of a global TV network.”
What this development means for Netflix users who don’t own shares in the company remains to be seen. The company’s historical record for providing service is fairly sterling, so current customers shouldn’t have too much to worry about as Netflix expands its reach overseas.
Such an exciting promise drove Netflix’s share price up 9.3% as people scrambled to keep their heads from exploding behind the news. While Netflix has still been unable to break into the Chinese market, the streaming giant remains optimistic that they’ll eventually wear the Chinese government down, which seems fairly likely. After all, what could be better than more TV?
More in News
Demi Lovato Remains in the Hospital After Overdosing Last Week
Demi Lovato is still in the hospital following an overdose that took place last week. The star is still expected to...July 31, 2018
Madonna Launches a Malawi Fundraiser to Celebrate 60th Birthday
Madonna is launching a fundraiser for Malawi in celebration of her 60th birthday. The fundraiser will be held online in partnership...July 31, 2018
Kesha Documentary Heading to Apple Music
A Kesha documentary will soon be released on Apple music. The project is entitled Rainbow – The Film, and will provide...July 30, 2018
Justin Bieber Hints that a Wedding is Just Around the Corner
Justin Bieber has hinted that his wedding to Hailey Baldwin is just around the corner. A paparazzi recently asked the singer...July 30, 2018
Netflix Announces Four More Original TV Shows
Netflix has announced that they will be adding four more original TV shows. One of the new shows is called Madam...July 30, 2018
Kristen Stewart Joins the Cast of the ‘Charlie’s Angels’ Reboot
Kristen Stewart will officially be joining the cast of the Charlie’s Angels reboot, which will be directed by Elizabeth Banks. Other...July 27, 2018