Netflix on Monday began offering its video streaming service in Brazil and plans to offer streaming in 43 Latin American and Caribbean countries by September 12.
Netflix’s Brazilian service, in Portuguese, costs 14.99 Brazilian real (about $9.35) a month. On Wednesday a Spanish version of the streaming service will be available in Argentina, Uruguay and Paraguay. In Argentina, the service costs 39 Argentine pesos (about $9.28), while in the other two countries, it will cost $7.99 a month. On Thursday, Netflix will add Bolivia, Colombia, Venezuela, Peru and Ecuador.
The company announced the Latin America expansion in June. Previously, the service had only been available in the U.S. Netflix is reportedly planning to launch in Europe in 2012.
The expansion comes as Netflix has faced some challenges in its core market, namely consumer opposition to a new pricing plan announced in July and a reported rival service from the Dish Network. The Dish Network is also said to be bidding on Hulu, which offers a competing streaming service and recently expanded into its first foreign market, Japan. Netflix will also lose content from Starz on February 28.
More About: dish network, hulu, netflixFor more Media coverage:Follow Mashable Media on TwitterBecome a Fan on FacebookSubscribe to the Media channelDownload our free apps for Android, Mac, iPhone and iPad
Posted on Mon, 05 Sep 2011 14:34:56 +0000 at http://feeds.mashable.com/~r/Mashable/~3/bO_M94K1-Gk/
Comments: http://mashable.com/2011/09/05/netflix-latin-america/#comments
Netflix’s Brazilian service, in Portuguese, costs 14.99 Brazilian real (about $9.35) a month. On Wednesday a Spanish version of the streaming service will be available in Argentina, Uruguay and Paraguay. In Argentina, the service costs 39 Argentine pesos (about $9.28), while in the other two countries, it will cost $7.99 a month. On Thursday, Netflix will add Bolivia, Colombia, Venezuela, Peru and Ecuador.
The company announced the Latin America expansion in June. Previously, the service had only been available in the U.S. Netflix is reportedly planning to launch in Europe in 2012.
The expansion comes as Netflix has faced some challenges in its core market, namely consumer opposition to a new pricing plan announced in July and a reported rival service from the Dish Network. The Dish Network is also said to be bidding on Hulu, which offers a competing streaming service and recently expanded into its first foreign market, Japan. Netflix will also lose content from Starz on February 28.
More About: dish network, hulu, netflixFor more Media coverage:Follow Mashable Media on TwitterBecome a Fan on FacebookSubscribe to the Media channelDownload our free apps for Android, Mac, iPhone and iPad
Posted on Mon, 05 Sep 2011 14:34:56 +0000 at http://feeds.mashable.com/~r/Mashable/~3/bO_M94K1-Gk/
Comments: http://mashable.com/2011/09/05/netflix-latin-america/#comments
