Netflix Signed A Deal With The Biggest Star In India
Netflix, Inc. (NASDAQ: NFLX) has a lot riding on its international segment, and may well be on its way to glory in India.
On Thursday, the company announced an agreement with Indian matinee idol and mega star Shah Rukh Khan-owned Red Chillies Entertainment, which allows its more than 86 million users access to films starring Khan. The titles that would come on Netflix include the his recent flick "Dear Zindagi" and other hits such as "Happy New Year," "Dilwale" and "Om Shanthi Om."
Additionally, the agreement provides for Netflix members in India and overseas exclusive subscription video-on-demand access to dozens of films produced by Red Chillies Entertainment, as well as new films that will hit Indian theaters in the next three years.