Netflix Enters Germany, France in Biggest Move Since 2011
Posted in: UncategorizedNetflix will introduce its online video service this year in Germany,
France and four other European countries, the company’s biggest expansion in almost three years, it said today.
The world’s largest Internet subscription service, which produces the Emmy-winning political drama “House of Cards,” plans to enter Austria, Belgium, Luxembourg and Switzerland as part of the move, according to a statement. The exact timing and price in each country will come at a later date.
The expansion into western Europe’s most-populous nations is the most ambitious by CEO Reed Hastings since late 2011, when Netflix began streaming films and TV shows across Latin America and the Caribbean. The company is racing to establish global online dominance ahead of Amazon’s Prime Instant Video service and Time Warner’s HBO.
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