Netflix CEO Reed Hastings has suggested the Internet entertainment streaming service will benefit from the growth of 4K/Ultra-HD television.

Speaking during Netflix’s Q2 2015 Results Earnings Call, Hastings noted that with the service’s top plan – the Ultra-HD four-stream plan – there were two drivers. “There’s people who have big families and want to watch more than two different screens at a time; and then the driver that we’re really optimistic on is Ultra-HD. So as more and more Ultra-HD TVs gets sold at major electronics outlets over the next five years, more and more people will want Ultra-HD,” he said.

“Each stream is about 15 megabits per second. So it takes a good quality Internet connection. Of course that’s getting more and more reliable. So when we see those coming together, we see over time a significant percentage of our membership upgrading to get the Ultra-HD service again over the next couple of years.”

Other posts by :

1. Orbex was losing £2m per month
2. McKinsey: ‘Star Wars Day’ sees Aerospace at an Inflection point
3. US spectrum shuffle could earn SES billions
4. FAA plans to tax rocket launches
5. Could someone buy AST SpaceMobile?
6. FCC: D2C is set for ubiquitous connectivity
7. SpaceX continues complaints over Amazon Leo
8. Starlink struggling for approval on South Africa, India
9. Impressive Starlink deployment rate

Categories: Articles, Equipment, OTT, OTT, UHD, Ultra-HD/4K