Buhay Rep. Lito Atienza on Wednesday urged unbiased Filipino filmmakers to capitalize on the worldwide streaming of flicks over the Internet as a solution to attain a bigger viewers and generate new income streams.
“We cannot fight technological advances, so we might as well take full advantage of Internet TV networks to help promote highly relevant Filipino movies for global viewers, including Filipinos based overseas,” Atienza stated.
“It may now be possible for independent Filipino producers to sell their films to the likes of Netflix for online streaming abroad,” he stated.
California-based Netflix Inc., which already has greater than 100 million subscribers in 190 nations, together with the Philippines, delivers streaming content material by way of Internet-connected screens – from good TVs, private computer systems, laptops to tablets.
A smaller rival of Netflix, Kuala Lumpur, Malaysia-based iFlix Sdn Bhd, or just iflix, additionally provides streaming media to greater than 5 million subscribers in 18 nations in Asia, the Middle East and Northern Africa.
But in contrast to iFlix that merely buys the unique rights to stream films in different nations, Netflix additionally produces, co-produces or commissions unique sequence, documentaries, and have movies.