Netflix Quickly Becomes Australia’s Dominant Video Subscription Service

Netflix to Expand to Korea, Singapore, Hong Kong and Taiwan

Netflix only launched in Australia in March, but has already surpassed its rivals to become the most commonly subscribed-to video streaming player in that country. The previous most popular service Down Under had been Foxtel, which now has a much diminished share of 38% of the market to Netflix’s 39%. Still, some intriguing statistics reveal that this news isn’t quite as good for Netflix or as bad for Foxtel as might initially be widely assumed.

For a start, a recent study of 85,000 Australians has revealed that 97% of them who were subscribers to the US service of Netflix through virtual private networks – or VPNs – and other tools were yet to even trial the Australian service that the US streaming company had introduced. Only last month, Reed Hasting, Netflix’s chief executive, had predicted usage of VPNs to access his company’s US catalogue to soon “disappear” due to the specialised introduction of Netflix into other markets.

Furthermore, though Foxtel has lost 10% of its market share since Netflix introduced its Australian service, as that country’s overall market for video subscription services actually grew, Foxtel didn’t see a drastic decline in its number of customers. Also, the data does not take into account the company’s business customers who stream in corporate kitchens, bars and meeting rooms.

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Benjamin Kerry
About the Author

Benjamin Kerry is an Executive Partner at Mindfield Digital, Content Director and Editor at AppleMagazine, Techlife News and eNews Magazine and CEO of Precise English; a copywriting agency that specializes in content and SEO.
Hobbies: Football, Climbing, Writing, Photography, and hero to his son!
Apple Gadgets Owned: iPhone 6, Watch, iPad Air 2, iPad 4