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The Silicon Review Asia

Netflix Plans to release more Indian Movies

Netflix Plans to release more Indian Movies

One of the top notched video streaming platforms, Netflix, plans to foray into the Indian movie sector after it has witnessed success on producing original Netflix films such as ‘Chopsticks,’ ‘Lust Stories,’ and ‘Love Per Square Feet’. The company is looking to invest a good amount of money into Indian movies for the new development.

The reports were confirmed by a top-level executive of Netflix.

After unveiling 10 new original series from India in June 2019, Netflix has already produced nine titles and thirteen movies in various stages of production. Coming to the web series, Netflix ha six under its belt with five in the line.

According to ET reports, Indian subscribers watch more movies than any other country across the globe. On an average, 70 percent of the Indian subscribers stream at least one movie per week. Therefore, the company has learned that there is a furious appetite that Indians have for watching films.

The reports also suggest that the company has got an idea about the audience’s preference and taste, although the service made its debut in India about two years ago.

In recent times, the company has faced tough competition from rivals such as Amazon Prime Video, which purchased Indian movies under its belt. However, Netflix has signed deals with India co-stars, Aamir Khan and Shahrukh Khan in order to chip in more Indian movies in the platform.

Out of 140 million global subscribers, 1.1 million are from India.

 

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