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