The World’s leading internet television company, Netflix has announced that it is expanding to about 130 companies around the world including Nigeria. According to the Press Release issued by the company, subscribers to Netflix service will be able to stream their series and catalogue of licensed TV shows and movies.

Netflix is also available on virtually any device that has an Internet connection, including personal computers, tablets, smartphones, Smart TVs and game consoles, and is known to provide one of the best possible streaming quality based on available bandwidth. The company followed the announcements with a series of tweets.
Implication for Nigeria


Winners

Before now watching Netflix from Nigeria was virtually impossible as you get blocked once your IP address is recognized as coming from Nigeria. By including Nigeria, interested subscribers can now access Neflix in exchange for a fee giving them access to their bouquet of movies, series and TV shows. Internet service providers in Nigeria will be happy to hear this announcements as it means Nigerians will have to rely on their service to stream programs. Internet consumption in Nigeria has been on an increase in recent years and now forms a huge chunk of the revenues accruing to GSM companies. Nigerians are now used to browsing the internet with their mobile phones, tablets and laptops relying on mifi’s, internet modems and VSAT. According to the National Communications Commission, NCC, Internet subscription numbers for GSM companies was about 97 million and almost thrice the number in 2012.


Losers

The news might not be so good for Nigerian companies into internet movie, series and TV show streaming. Netflix has a huge economies of scale that they can’t compete with and have also started adding Nigerian movies in their bouquet. They are also very good in the business of internet television and have what it takes to embark on a price war with their Nigerian competitors. Digital satellite TV stations are also threatened by this news as Netflix also boast of an impressive catalogue of series, TV shows and Box Office movies.

The Nigerian government could also lose tax revenues and face another round of forex pressures on its external reserves if the subscription is priced in US dollars. If the Nigerian Government is not up to speed with its plans to widen its tax base it could lose potential revenues to the US.



http://nairametrics.com/netflix-enters-nigeria-see-the-winners-and-loser

Looking forward to start watching Making of a Murderer tonight. With a SmartTv and a respectable internet connection, I don't see why I should be shelling out 16,140 Monthly for Dstv sub.

Would you be watching only movies?

Eledan:
Looking forward to start watching Making of a Murderer tonight. With a SmartTv and a respectable internet connection, I don't see why I should be shelling out 16,140 Monthly for Dstv sub.

segello:
Would you be watching only movies?

Dstv major selling points are the Mnet channels and Supersports.
With Netflix, I can get all the Movies and shows. For current movies, box office and life sports I will turn to GENESIS on my Android MXiii box.

DSTV and the likes who live like a god is now threatened. Good for them.

I hardly watch movies

Netflix gave me a month free. And I'll have to pay afterwards.

Anyways, why should I worry, when Popcorntime is berraaa

time to stream.

[size=15pt]
Correct..a better place to exhaust data[/size]

This is another way of draining cash.

Iroko TV watchout!

Time to get that Smart TV. . . . .

At last, there is competition to bring out the best from DSTV.

PAY AS YOU WATCH

bye bye DSTV

Technology keeps getter better and better while we remain stagnant.

What effect will it have on Dstv cos dos guys na Fuuucq ups

More money for them.

Kk

Shiit just got real for IrokoTV.

Netflix + Chill, I foresee a high rate of unwanted pregnancies in Naija this year.

Get your Timberland,Nike ,festina,armani and Watch collections here http:// www.nairaland.com/2618975/timberland-boot-sneakers-emporio-armanicasio

Ok! Things are getting better! ...
RIP Dstv

Now bae can come over let's NETFLIX AND CHILL

Bad market

K

I thought they said buhari is driving away foreign companies?

Nigeria should start blocking some foreign Media houses like China does.
That way, the indigenous ones can grow and employ its people.

No Nation succeeds by hanging on almost 100% to the ideas of other nations.

But Lai Muhammend and his band of propaganda rogues wont see this.
They rather focus on crushing the opposition members with lies and more lies.

School in Europe where they teach babies how to swim
https://www.nairaland.com/2849197/school-europe-where-teach-babies.

end time entering

Where the internet na, this one wey mtn and glo de do anyhpw

I am indifferent to the whole netflix thing.

I was able to download Beast of No Nation on Torrent 24 hours after it was released on netflix.

Sherlocks Abominable Bride was on torrent, three hours after it was released.

Even series exclusive to Netflix such as House of Cards and Orange is the new black are often avalaible on Torrent. Netflix even makes it easier to download because they release all the episodes to their series at the same time i think. Downloading on torrent is free and sweet if you work in an office that doesnt block torrent.

If i want to watch Nigerian Movies, i visit youtube and watch them for free.

Streaming Movies on Netflix in Nigeria doesnt make any economic sense for lyoncrescent unless all torrent websites are banned.