is working on a feature that will let you watch movies while not connected to the internet, but the company's biggest market of the U.S. might not be the first to receive the update.

Speaking to CNBC ahead of the premiere of Netflix's new show "The Crown", the streaming giant's Chief Content Officer Ted Sarandos, said an offline mode could appeal to areas where high internet speeds are not present.

"We have talked a lot about this over the years and our belief is that broadband and Wi-Fi become more and more ubiquitous, available in more and more places that you are, more and more minutes of the day," Sarandos told CNBC.

"Now as we've launched in more territories … They all have different levels of broadband speeds and Wi-Fi access. So in those countries they have adapted their behaviors to be much more of a downloading culture. So in those emerging territories it starts to become a little more interesting. We still think for the developed world our thesis has been true but I think as we get into more and more (of the) undeveloped world and developing countries that we want to find alternatives for people to use Netflix easily."

When asked if this feature will come to Netflix soon, Sarandos said the company is "looking at it now, so we'll see when". Sarandos did not give any more details. The idea will be that users of Netflix's app will be able to download movies to watch offline.