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Update news Netflix
Disney's new video streaming service almost doubles its subscription base during coronavirus lockdowns.
Feeling lonely at home but cannot meet your lover or your besties because of social distancing?
You will no doubt be getting your money’s worth out of Netflix right now as we all stay indoors for the good of the nation. But with so many shows and movies to choose from, what exactly are you going to watch next?
Netflix is the most popular movie and TV show service in the world today. Subscribers have to pay a monthly fee to be able to access its films.
Netflix subscribers in Vietnam can now enjoy more contemporary Vietnamese movies with the addition of six licensed titles which are produced or distributed by production company Binh Hanh Dan (BHD).
The move following the launching of Netflix’s Vietnamese version this October is a step to extend the outreach to Vietnamese audiences and win the market.
Of 100 million Vietnamese people, 60 million are Internet users with high demands for audiovisual services, including streaming services.
Netflix, the world’s leading internet entertainment service, has announced that members in Vietnam can now enjoy the service in Vietnamese.
Though the revised tax administration law passed by the National Assembly takes into account the management of cross-border business, charging taxes on these business activities is not a simple task.
The community of Vietnamese TV service providers has been stirred up by the news that Baidu and Tencent have begun selling VOD (video on demand) with subtitles in Vietnamese, collecting fees from VIP subscribers in Vietnam dong.
Despite having been present in Vietnam for a few years, the US pay-TV Netflix has come under fire for dodging taxes and not supervising content. It is also questioned about its role in an online scam.
In fact, both Facebook and Google have been using content of entertainment and news articles, so thanks to this, gaining hundreds of millions of US dollars in annual advertising revenue in Vietnam.
Local competitors are complaining about Netflix which they claim is dodging its tax obligation and does not supervise content in line with Vietnamese laws, reported VN Investment Review.
VietNamNet Bridge - OTT TV is a playing field where Vietnamese players’ rivals are all ‘giants’, from Facebook to Google to Netflix.
VietNamNet Bridge - The domestic OTT market is entering a period of stiff competition with copyright posing the biggest pressure.
Netflix has fired its head of communications over his use of the “N-word”. In an internal memo, Chief Executive Reed Hastings apologised to staff for not acting sooner.
Analysts still believe that Spotify will have a hard time succeeding in Vietnam, where people usually sign up for free music websites. But others believe they will prosper as their free and paid services offer the same quality of music.
Spotify has officially joined the Vietnamese market. The world’s largest digital music service, Spotify has been warned about challenges it could face in Vietnam where people are used to free music services.
Oscar-winning filmmakers Joel and Ethan Coen are transitioning to the small screen with a new Western anthology for Netflix Inc, the latest talent to join the platform's growing roster.
European Union institutions moved a step closer on Tuesday to letting consumers access their online subscriptions for services like Netflix or Sky when they travel across the bloc.