slider

Amazon's Prime Video Is Now Live In 200 Countries

Brian Ach / Getty Images

Amazon has launched its video streaming service Prime Video in 200 countries including India — the company's largest geographical market outside the United States.

The service is bundled with a Prime subscription in India, which is the cheapest in the world at $15 a year, but has been available for an introductory price of $7 since the company launched it in the country in July.

This move establishes Amazon Prime Video as a global competitor to Netflix, which expanded simultaneously to 130 countries in January.

In price-conscious markets like India, Prime Video sharply undercuts Netflix on price in India, where the cheapest Netflix subscription costs Rs. 500 a month ($7.4). It also competes with more than a dozen local streaming services which offer a mix of free ad-supported content, as well as paid options.

Expanding Prime Video globally is a strategic milestone for Amazon, but it is especially relevant in countries like India which are important markets for most US tech companies thanks to rapid smartphone penetration and falling data prices.

At an event in Washington in June, Amazon CEO Jeff Bezos said that the company would invest up to $5 billion in India. Amazon's aggressive expansion in the country has worried local rivals like Flipkart, India's largest e-commerce startup, who recently appealed for protectionist policies from the Indian government to stave off cash-rich rivals like Amazon.

Amazon is counting on localisation to compete with Netflix. For instance, in India, Netflix had no Indian content at all when it launched. However, Amazon Prime Video already has dozens of launch titles in Hindi, Bengali, Marathi, Tamil, and Telugu.

Amazon has also partnered with several major film production studios in India to make dozens of Bollywood titles available on its service, and has included local language subtitles for English-language shows like Mad Men, Seinfeld, Person of Interest, and more. Also available are US-produced Amazon Originals series like Transparent and Bosch.



via BuzzFeed - Tech http://ift.tt/2gKzdrf
Feed

If new feed item from http://www.buzzfeed.com/tech.xml, then send me an email at gocukx.faster@blogger.com

IFTTT
Amazon's Prime Video Is Now Live In 200 Countries Amazon's Prime Video Is Now Live In 200 Countries Reviewed by admin on 04:51 Rating: 5

No comments:

Powered by Blogger.