20164 minPGnews

The Netflix network

20164 minPGnews

Netflix launched its service in 130 new countries in early 2016, aiming to become the first global internet television network.

Entrepreneurship

Genres

Business,

Digital

Channel: Financial Times

Watch later

The Netflix network

2016• 4 minPG

Synopsis

Netflix launched its service in 130 new countries in early 2016, aiming to become the first global internet television network.

Synopsis

Matthew Gahan, Global Media Editor for the Financial Times, discusses Netflix's ambitious expansion plans during a segment aired in early 2016. The company announced its launch in 130 new countries, aiming to become the first global internet television network. Despite missing its subscriber target in the US, where it has over 50 million subscribers, Netflix's international growth has buoyed its stock, which rose by approximately 120-130% over the past year. Gahan notes that competitors like Amazon and Hulu are also pursuing international markets.

Deep Dive

Why Watch

See how Netflix plans to dominate global television.
Find out about Netflix's $6 billion content strategy.
Meet the competition Netflix faces from Amazon and Hulu.

Did You Know

Netflix launched in 130 new countries in early 2016.
Netflix has over 50 million subscribers in the US.
The company plans to spend $6 billion on content in 2016.
Netflix shares increased by about 120-130% over the last 12 months.

Perfect For

Streaming service enthusiastsGlobal media trendsTelevision industry watchers

Read full Deep Dive →

Frequently Asked Questions

How many countries did Netflix launch in during its global rollout?

Netflix launched in 130 new countries during its global rollout.

How many subscribers does Netflix have in the US?

Netflix has more than 50 million subscribers in the US.

How much is Netflix planning to spend on content in 2016?

Netflix plans to spend $6 billion on content in 2016.

Comments

What are people saying?

Play More Like This

1h44m

Netflix vs. the World

2020•1h44m•★6.4TMDB

A struggling Silicon Valley startup transformed from a DVD-by-mail service into the world's largest streaming company, challenging industry giants like Blockbuster and Amazon.

Netflix vs. the World

2020

1h14m

Nollywood Babylon

2009•1h14m•★6.1TMDB

Nigerian movies have become the third-largest film industry in the world, significantly shaping cultural and economic landscapes across Africa.

Nollywood Babylon

2009

48m

Grab: Story Of A Market Leader

2024•48m

After years of competition, Uber conceded defeat in Southeast Asia, transferring its assets and drivers to Grab, a startup that emerged just five years earlier.

Grab: Story Of A Market Leader

2024

25m

Reed Hastings on Inventing the Future of Television

2016•25m

Netflix offers thousands of shows, a stark contrast to traditional networks that typically provide only five or six options.

Reed Hastings on Inventing the Future of Television

2016

1h53m

Companies at the Limit

2024•1h53m

In 2018, Qantas reported a profit of $1.2 billion, a turnaround from a $2.7 billion loss in 2014, illustrating the challenges faced by companies in volatile markets.

Companies at the Limit

2024

42m

Globalization: Winners and losers in world trade (1/2)

2023•42m

More than 30% of the world's population has not benefited from globalization, which has led to increased poverty in countries like Peru.

Globalization: Winners and losers in world trade (1/2)

2023

29m

The third biggest film industry, but no cinemas

2007•29m

Up to 1,000 movies are released in Nigeria each year, yet the country has no cinemas, relying solely on the home video market for distribution.

The third biggest film industry, but no cinemas

2007

13m

The Rise and Fall of Netflix (Investors Are Suing)

2022•13m

Netflix faces legal challenges from investors amid increasing competition in the streaming market, raising questions about its future viability.

The Rise and Fall of Netflix (Investors Are Suing)

2022

10m

Delivery May Be the Answer to Weed Equity

2021•10m

Over 400 applications were submitted to Massachusetts' Cannabis Control Commission, but only four resulted in the opening of dispensaries.

Delivery May Be the Answer to Weed Equity

2021

14m

India's Billionaire Playboy Geeks

2016•14m

Bangalore's Infosys, valued at $1.5 billion, employs many talented individuals from India's top educational institutions amid significant infrastructure challenges.

India's Billionaire Playboy Geeks

2016

2h6m

China's Innovative Edge

2025•2h6m

China's start-up revolution, driven by innovative entrepreneurs in Shanghai, is reshaping global markets through significant investments in artificial intelligence, drones, and biotechnology.

China's Innovative Edge

2025

1h26m

Economy of the West

2025•1h26m

Desar Molnar, a free spirit and inventor, works on his first flying car while surrounded by the remnants of a depleted Earth in 2047.

Economy of the West

2025

Explore The Netflix network

Deep Dive Topics FAQ

Where else to watch

1h44m

Netflix vs. the World

2020•1h44m•★6.4TMDB

A struggling Silicon Valley startup transformed from a DVD-by-mail service into the world's largest streaming company, challenging industry giants like Blockbuster and Amazon.

Netflix vs. the World

2020

No digital watch option in your country

1h14m

Nollywood Babylon

2009•1h14m•★6.1TMDB

Nigerian movies have become the third-largest film industry in the world, significantly shaping cultural and economic landscapes across Africa.

Nollywood Babylon

2009

No digital watch option in your country

1h17m

Pornocracy: The New Sex Multinationals

2017•1h17m•★6.7TMDB

Amateur porn websites have surged in popularity, transforming the adult content industry and challenging traditional production models in the United States.

Pornocracy: The New Sex Multinationals

2017

1h34m

Starbucks Unfiltered

2018•1h34m•★7.1TMDB

Starbucks has expanded its presence to urban middle-class markets across three continents, influencing local cultures and economies.

Starbucks Unfiltered

2018

53m

Les conquistadors de l'espace

2023•53m•★8.0TMDB

Over 3,000 satellites from Elon Musk's Starlink aim to provide global high-speed Internet in the new space race for satellite dominance.

Les conquistadors de l'espace

2023

1h9m

Amazon

2023•1h9m•★10.0TMDB

Amazon.com has transformed global commerce through its extensive operations in e-commerce, cloud computing, and artificial intelligence, shaping modern economic landscapes.

Amazon

2023

59m

The Netflix Afterparty: The Best Shows of the Worst Year

2020•59m•★6.1TMDB

David Spade, Fortune Feimster, and London Hughes discuss Netflix's most popular series of 2020, including "Tiger King," "Emily in Paris," and "The Queen's Gambit."

The Netflix Afterparty: The Best Shows of the Worst Year

2020

1h25m

Land of the Giants: Titans of Tech

2022•1h25m•★8.0TMDB

The film details the rise of Facebook, Apple, Amazon, Netflix, and Google from their humble beginnings to their current dominance in the tech industry.

Land of the Giants: Titans of Tech

2022

1h16m

How to Re-Establish a Vodka Empire

2012•1h16m•★4.0TMDB

Dan Edelstyn seeks to revive his great grandfather's vodka distillery in Ukraine while confronting the challenges of reclaiming lost Jewish heritage.

How to Re-Establish a Vodka Empire

2012

Browse more like this

2h6m

China's Innovative Edge

2025•2h6m

China's start-up revolution, driven by innovative entrepreneurs in Shanghai, is reshaping global markets through significant investments in artificial intelligence, drones, and biotechnology.

China's Innovative Edge

2025

No digital watch option in your country

43m

Inside The Mind of Google

2009•43m•★3.0TMDB

Google generates billions in ad revenue each year while facing ongoing privacy concerns about how it manages user data.

Inside The Mind of Google

2009

1h27m

Der unaufhaltsame aufstieg von Amazon

2018•1h27m•★7.4TMDB

Amazon became the second company to surpass a valuation of US$1 trillion, raising questions about its impact on consumer behavior and labor practices.

Der unaufhaltsame aufstieg von Amazon

2018