Workmines.com was using Netflix’s brand to cheat people out of their money In Indonesia, the Ministry of Communications and Information Technology asked Netflix to set up a representative office and ensure tax compliance. Netflix has a negligible presence in the country as it is only a content provider for IndiHome, one of the service products of PT Telekomunikasi Indonesia. In Singapore, Netflix has to co-operate with Singtel, the largest mobile network operator in the city-state, to meet legal conditions. In early 2018, Singapore's tax authority planned to apply a 7 per cent tax on online services provided by Spotify, Netflix, and Amazon Prime. In Thailand in 2017, the National Broadcasting and Telecommunications Commission announced plans to build a legal framework for managing and taxing OTT services. Last week, the Vietnamese social media was in commotion over a scam involving the use of Netflix brand. Hundreds of thousands of users worldwide … [Read more...] about Online scam deepens Netflix troubles
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Netflix to be accused of tax arrears
Local competitors are complaining about Netflix which they claim is dodging its tax obligation and does not supervise content in line with Vietnamese laws. Netflix does not pay tax in Vietnam after its 300,000 subscribers Netflix has been present in the Vietnamese pay-TV market since 2016. Throughout these three years, it has collected 300,000 subscribers and is a rising threat to Vetnamese pay-TV service providers, who claim they are hampered by tax and other administrative fees, while Netflix is getting away without paying its due. "Netflix charges VND260,000 ($11.3) of monthly subscription fee, but it does not have to pay taxes and its content is not managed by local authorities. While Vietnamese businesses have to pay tax not only for importing content and buy copyrights but also for providing services and corporate income. Netflix does not pay any taxes of bidding or import," said Tran Van Uy, general director of SCTV. Nguyen Ngoc Lanh, deputy general director of VTC … [Read more...] about Netflix to be accused of tax arrears
Vietnamese filmmakers turn to Netflix for larger market
Vietnamese filmmakers want to use Netflix as a way to market their films to international audiences but have faced many difficulties. A scene from Gai Gia Lam Chieu mini-series In the era of web drama and watching film on a phone, many producers are trying to push their films on Netflix as well as other over-the-top (OTT) platforms. Many experts said that Netflix hadn't made any breakthrough in Vietnam because of the lack of Vietnamese content. However, this is also an opportunity for filmmakers to promote their films to the world. As of now, only three Vietnamese feature films have been added onto Netflix. The most recent film, Hai Phuong, is rumoured to have been sold for a record-breaking USD5m. Directors Bao Nhan and Nam Cito announced that they are planning to make a mini-series with 10 episodes titled Gai Gia Lam Chieu and they are aiming for Netflix. "The cast will be experienced actors, post-production will be completed in Thailand and the music will be done by … [Read more...] about Vietnamese filmmakers turn to Netflix for larger market
Let the Games begin: Netflix releases first Indian series
Netflix's first original Indian series premieres on Friday as the U.S. streaming giant battles with Amazon Prime for a slice of the country's fast growing on-demand video market. "Sacred Games", an adaptation of Vikram Chandra's 2006 novel of the same name, stars Bollywood stalwarts Nawazuddin Siddiqui, Saif Ali Khan and Radhika Apte. Analysts say the gritty underworld thriller sets a new benchmark for Indian-produced internet shows as providers seek to capitalise on the country's burgeoning number of smartphone users. "'Sacred Games' is probably the most high-profile content that has been made. Others have not been on the same scale," Girish Menon, who tracks media and entertainment for KPMG, told AFP. Revenues from India's entertainment streaming industry are expected to be $823 million by 2022, up from $297 million in 2017, according to a PricewaterhouseCoopers report released this month. Netflix, which is blocked in China, is investing millions in the world's second-most populous … [Read more...] about Let the Games begin: Netflix releases first Indian series
“Asinine” request by mobile networks send subscribers into frenzy
People provide information at a MobiFone's outlet Aiming to strictly control the country’s subscribers and prevent “trash” SIMs, Viettel, MobiFone, and Vinaphone have requested all Vietnamese subscribers to submit their portraits before April 24. If any subscribers do not submit portraits, they will be dealt under the Decision No.49/2017/ND-CP. However, this requirement roused concerns as people registered their phone numbers by their identification cards, which would make submitting a photo unnecessary. Tamas Bay Nguyen, a foreigner living in Vietnam and using the MobiFone mobile network, told VIR that submitting a portrait should not be necessary because he has already submitted his passport (which already has a clear photo for identification) to register in the first place. According to the latest report of the Telecommunications Department, as of this year's March 15, only four million out of the 38 million mobile subscribers updated their full information … [Read more...] about “Asinine” request by mobile networks send subscribers into frenzy