In March 2015 Australia became the 50th country in which US video streaming company Netflix had set up a local operation to supplement its planned global expansion in 200 countries. Newcomers Presto and Stan also joined in to further add to the extraordinary rate of growth of all forms of video traffic in Australia, now over half of Telstra?s Internet business. So who is Netflix, and how well might it expand its business in addition to those customers in Australia who are already using virtual private networks (VPNs) to access and pay for their programmes?
Reed Hastings discusses why Netflix is coming to Australia.
The pay TV business is under threat in the US. Viewers are "cutting the cord". What direction with Foxtel take in Australia - compete with the OTT guys or become a telco?
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