• Costa Rica Real Estate

Netflix expanding to Latin America

July 5, 2011

U.S. movie enterprise Netflix announced it will expand its film and online TV streaming services to 43 countries in Latin America and the Caribbean later this year.

Once launched, residents in Mexico, Central America, South America and the Caribbean can choose from a variety of TV shows and movies made available through the web, according to a press release from the company. Customers will have access to the site in Spanish, Portuguese or English. The service can stream videos to computers, mobile devices, or Internet-connected television.

Netflix, which has 23 million subscribers, has streamed in the United States since 2007. The California-based company started streaming to Canada last year. Netflix also offers delivery service in the U.S., but its international expansion will only involve streaming videos.

Those interested in Netflix in Latin America can go to www.netflix.com and register to receive an email when the service launches later this year. Netflix did not say how much it plans to charge once it expands nor did it reveal what countries specifically would receive online streaming from the company.

Netflix chief executive Reed Hastings, speaking at the All Things Digital technology conference last month, said he was looking to grow the company internationally.

“We’re national and trying to be a global Internet company,” Hastings said. “Across the globe, there’s about five billion people with mobile phones and essentially all of those five billion like video.”

News agency AFP contributed to this story.

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