On-demand US streaming service, Netflix yesterday unexpectedly announced its expansion into 130 countries, including Nigeria, at the 2016 edition of the Consumer Electronic Show (CES) which held in the US.
Some of the other countries included Singapore, South Korea, Saudi Arabia, Vietnam, Russia and India.
Netflix pricing in Nigeria seems to be in line with that of the US at about N2,000 ($8.00) per month. The price seems to be considerable at first, but considering its a streaming service, the cost & quality of data needed to fully enjoy ‘Netflix and chill’ will need to be factored in, like someone had already done.
Netflix is now live in Naija. Ooshe. $8/mth. That's 8 tains 280 = N2,240/mth. Add N15,000/mth for extra data = N17,240 /month.Advertisement
— Jock. (@NnamdiNwoha) January 6, 2016
Which shows it’s not going to be as cheap as this person thinks
No more cinema, I can watch movie in my house with #50 popcorn and #100 coke Netflix in Nigeria
— Content Boy. (@ayomidephotog) January 7, 2016
Would the introduction of Netflix affect the the cable industry? Well, here’s what these guys think
As long as DSTV still has the football channels they don't have to worry about Netflix in Nigeria
— Aribaba (@aribabaJ) January 6, 2016
My thoughts are in line with this person’s tweet
Netflix in Nigeria.
Winners: The Telcos, ISPs, Netflix, The People
Losers: Digital Satellite TV, PayTV, The People (Data is expensive here)
— Segun Adekoye (@segunsd) January 6, 2016
Especially if Netflix decides to partner with mobile carriers in the country as a way of making payments easy. But the likely form would be through credit and debit cards.
Introducing the Techpoint Africa Podcast !!! Listen in every Tuesday and Friday morning (WAT) here.
Want more articles like this? Subscribe now to our newsletter for periodic updates on African startups, innovation and tech.
New Report: Nigerian startups raised $24.7 million in Q2 2019, 40% higher than Q1. Find out more in the latest quarterly edition of the Nigerian Startup Funding Report here.