Netflix steps up original Asian content to hook international viewers
SINGAPORE: Netflix unveiled a plan on Thursday to make 17 more original
productions in Asia including Thai and Chinese language shows, as the US
firm seeks to attract new international users through more local
content.
The plan, which includes nine productions in India and five anime
series, should help ease concern that the video streaming pioneer is
running out of space to expand in developed markets.
Netflix reported bumper quarterly earnings last month as it exceeded
forecasts in both the US and international markets, with the bulk of new
subscribers coming from outside the United States where the company has
been investing aggressively.
“More than half of Asian content hours viewed on Netflix this year are
viewed outside the region,” Ted Sarandos, Netflix’s chief content
officer, said when unveiling the plan at the firm’s content showcase
event in Singapore.
“So, we have confidence that our upcoming slate of Asian productions will find fans in their home countries and abroad.”
Netflix has earmarked $8 billion for content this year, and had spent $6.9 billion as at the end of its third quarter.
On Thursday, the company said the new productions will include anime
series such as Trese, based on a Philippine graphic novel of the same
name, and Pacific Rim, an adventure story about two siblings searching
for their missing parents.
Netflix will make two Thai language originals including Shimmers, a
drama series about five teenagers at an isolated school in northern
Thailand. It will also broadcast Triad Princess, a Chinese-language
original from Taiwan in which the protagonist seeks independence in
defiance of her Triad father.
The new titles build on Netflix’s recent forays into Asian productions,
including India’s Sacred Games, Japanese anime series DEVILMAN crybaby,
and variety comedy BUSTED! in South Korea.
In Asia, led by India, Netflix has won fans among a young, tech-savvy
middle class. Chief Executive Reed Hastings has said India could deliver
the service’s next 100 million subscribers.
The company will announce details of nine projects from the country on Friday.
Netflix scored a hit in India with Mumbai-based crime thriller Sacred
Games. However, the Bollywood studio that produced the show disbanded
last month after sexual harassment allegations against one of its
partners, Vikas Bahl, and the show’s lead writer, Varun Grover. Both men
have denied the allegations.
Netflix later backed the series for a second season.
The firm had 137 million subscribers to its movie and TV streaming
service worldwide as of September-end. It began releasing original
English-language programming nearly six years ago and has since expanded
into other languages.
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