During this week's annual Consumer Electronics Show on Wednesday (Jan. 6th), the CEO of Netflix Reed Hastings revealed its expansion of the streaming service to other countries across the world.
While Reed was making his announcement, in his speech he asserted the extension of Netflix into 130 countries including: South Korea, Saudi Arabia, Russia, Thailand, Indonesia and basically world domination, with the exception of China for now.
"While you have been listening to me talk, the Netflix service has gone live in nearly every country of the world but China, where we hope to also be in the future."
The expanse of Netflix caused its shares to go increase in the market by 2.24 percent, earning investors $120.31 per stock. Reed Hastings expressed the vision of seeing Netflix become a global phenomen due to contributions of the internet and after years of implementation, Netflix is a worldly TV network.
"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."
News Source: Associated Press (AP)