LG TO COLLABORATE ON NETFLIX’S GLOBAL BUSINESS EXPANSION
- 01, 06 2016
LAS VEGAS, January 6, 2016 — LG Electronics today announced that LG has initiated a global partnership with Netflix to facilitate the expansion of Netflix’s global on-demand Internet streaming operations beyond the Internet TV network’s already established markets (the Americas, Western Europe, Australia, New Zealand and Japan). The expansion will bring an extensive library of high-quality content, including 4K HDR-mastered original TV series, to more markets in Asia, the Middle East and Europe. LG has been chosen as a primary global business partner of Netflix, due to the superior picture quality and performance they lend to the Smart TV industry and the Netflix viewing experience alike. At the time of Netflix’s launch LG and Netflix will combine efforts to provide prepaid access to the Netflix service.
Among Netflix’s acclaimed original TV show series are Marvel’s Daredevil, Orange is the New Black and Sense8. The company also plans to provide global members with its HDR-mastered original TV series Marco Polo. At the 2016 International Consumer Electronics Show (CES) in Las Vegas from January 6-9, visitors to LG’s booth (#8204 Central Hall, Las Vegas Convention) will even be able to watch a special 4K HDR clip from Netflix’s popular Dolby Vision™-mastered Marvel’s Daredevil series. Netflix has praised LG’s 4K HDR OLED TVs for having the purest black, contrast and color vibrancy, all factors which ensure enhanced details and greater dimension when displaying their content.
“Our global partnership with LG will help entertainment lovers worldwide discover and enjoy Netflix,” said Scott Mirer, vice president of device partner ecosystem at Netflix. “We look forward to delighting our members with cutting edge technology and the ability to watch their favorite series in 4K and HDR.”
“We are excited to be the global business partner of the world’s most popular content provider Netflix,” said Brian Kwon, President and CEO at LG’s Home Entertainment Company. “From our side, LG will continue its dedication to innovating display and audio technologies in order to offer global consumers a superior 4K and HDR viewing experience. By adopting the most promising cutting-edge technological advancements, LG will continue to lead in the global premium TV market.”
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About LG Electronics, Inc.
LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing 83,000 people working in 119 locations around the world. With 2014 global sales of USD 55.91 billion (KRW 59.04 trillion), LG comprises four business units ― Home Entertainment, Mobile Communications, Home Appliance & Air Solution, and Vehicle Components ― and is one of the world’s leading producers of flat panel TVs, mobile devices, air conditioners, washing machines and refrigerators. LG Electronics is a 2014 ENERGY STAR Partner of the Year. For more news and information on LG Electronics, please visit www.LGnewsroom.com.
About LG Electronics Home Entertainment Company
The LG Electronics Home Entertainment Company is a global top player in television, audio video systems, monitors, personal computers, digital signage and commercial displays. The company opened a new era of innovation in the TV market, creating pioneering technologies like OLED TV and implementing an intuitive operating system to allow customers to experience the full benefits of smart TV technology. LG is committed to improving customers’ lives with innovative home entertainment products led by its award-winning 4K OLED TVs, ULTRA HD TVs and webOS TVs. For more information, please visit www.LG.com.
About LG Electronics Singapore Pte Ltd
LG Electronics Singapore Pte Ltd (LG Electronics Singapore) is a fully-owned subsidiary of LG Electronics Inc., the pioneer and market leader of the Korean electronics industry for over five decades. LG Electronics Singapore operates three business units – Home Entertainment, Mobile Communications and Home Appliance & Air Solution. In recognition of its vision to enrich people’s life with smart technologies and innovative design, LG Electronics Singapore has been recognized with prominent local and international accolades, such as the CNET Asia Editor’s and Readers' Choice Awards, HWM+HardwareZone.com Tech Awards, Red Dot Design, and GfK No. 1 Awards. For more information, please visit www.lg.com/sg.