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Netflix to launch services in Latin America and Caribbean
[September 08, 2011]

Netflix to launch services in Latin America and Caribbean


Sep 08, 2011 (Datamonitor via COMTEX) -- Netflix, Inc., an internet movie and TV series subscription service, has announced that it will launch services in 43 countries in Latin America and the Caribbean by September 12, 2011.

"We are excited to be bringing Netflix to Latin America and the Caribbean," said Reed Hastings, co-founder and CEO of Netflix. "People throughout the region are online in ever-greater numbers and they love movies and TV shows. We are proud to bring them the Netflix experience of instantly enjoying as many movies and TV shows as they want, when they want for one low price." The Portuguese-language version of Netflix was launched in Brazil for a monthly subscription price of BRL14.99. On September 7, the Spanish-language version of the Netflix streaming service will become available in Argentina, Uruguay and Paraguay. The monthly subscription for unlimited streaming of movies and TV shows in Argentina is 39 pesos while in Uruguay and Paraguay the price is $7.99 per month.



On September 8, Netflix will become available in Chile at 3790 pesos per month and in Bolivia at $7.99 per month. On 9 Sept., Netflix will begin unlimited streaming in the Andean region. In Colombia, the monthly subscription price will be 14,000 Colombian pesos while in Venezuela, Peru and Ecuador the price will be $7.99.

On 12 September, Netflix will launch its service in Mexico, Central America and the Caribbean. In Mexico, the monthly subscription price for unlimited streaming of movies and TV shows over the Internet will be 99 pesos while in the Central America and the Caribbean the price will be $7.99 per month. In the Caribbean region, Netflix will be available in English and Spanish.


"It is an amazing privilege for us to travel through the region, introducing Netflix to consumers in Latin America and the Caribbean," said Hastings. "We are committed to offering the same great service, value and choice throughout the Americas and we can't wait to get started." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon

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