Netflix is Expanding its Service Internationally

Even though Netflix is relatively new to the market of streaming contents and delivering CDs, it grew large enough to dethrone Blockbuster which recently went belly up.  Due to royalty restrictions, Netflix was only streaming to the United States.  Then they tested the waters and expanded their operations to Canada where they did extremely well.

Now I understand Netflix is seriously thinking on expanding its operations to other parts of the world.  After expanding its streaming service into Canada, it seems Netflix is looking elsewhere internationally to build its business.

Even more potential evidence of Netflix expanding internationally was revealed today when AdWeek cited unnamed sources that claim Netflix is working with “advertising and media agencies” around the world to determine ad placement. The report claims that those talks are currently “exploratory” in nature, but indicate that Netflix is getting serious about expanding the availability of its streaming offering.

As Netflix expands internationally, the company is leaving its DVD-by-mail service in its wake. In October, Netflix CEO Reed Hastings echoed that sentiment, saying that the focus of his company is changing. He also acknowledged at the time that he was looking outside of North America to expand Netflix’s streaming operation.

If they decide to include Panama in their global schedule I would certainly be interested in streaming content from their servers.  They have a wide selection of movies and videos and their prices are within my reach.  For the time being, I don’t need paid television service, so a Netflix streaming service would be great news to me if it happens in 2011.  Will keep my eyes and ears on the alert regarding this exciting issue.

Source: Netflix said to be planning 2011 international push. – CNET News

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