Let's Get Real.
Netflix has responded to the loyal customers with a lot of activity in terms of progress and development. The video transmission system is going to get accessed in more than 130 countries before the year ends, according to Marcio Alaor, the executive vice president of Banco BMG. As of 2015, only 60 countries had this service. There are however, several restrictions the company is facing in countries like North Kore, Syria and Crimea. Its expansion in China may be delayed says Marcio Alaor. But the most significant of all expansions is its entrance to India and the number of consumers opting for the service. This country seems to be a promising spot for Netflix for the future as well. The company is set to acquire local features with Bollywood films that will be available locally and globally. Nevertheless, the company Netflix and its associated partners are also concerned about piracy if strict guidelines are not followed as expected.
As for this year, its original productions like Jessica Jones, Orange is the New Black and House of Cards are gaining prominence among consumers, reports the executive of Banco BMG. The potential investment in 2016 alone is expected to reach more than 5 billion dollars. Recently, the company has released its first features – Beasts of No Nation – a movie based on a novel depicting civil wars. In addition, innovation of Ericsson along with Volvo has indicated that other companies are ready to accommodate their technology to Netflix’s streaming of videos. All these companies are ready to develop a system so that Netflix programs can be watched from anywhere in the world even in the absence of the internet.
Given this scenario, the forecast for the growth of its consumer base and the company’s revenues are at its best in 2016. It is expected to grow at the rate of 24% to the least for the year between 2016 and 2020. Again, according to Marcio Alaor, the number of consumers would be around 150 million while the revenue would be 20 billion dollars.
Marcio Alaor plays a major role in the executive team at BMG Group. He is an expert contributor to many finance journals and can be seen regularly in many finance shows as well. The company he works for namely Banco BMG is the biggest sponsor of Brazilian football printing uniforms for more than 39 clubs.