Netflix Expands To Austria, Belgium, France, Germany, Luxembourg, Switzerland

Posted: May 21 2014, 3:59am CDT | by , in Technology News


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Netflix expands to Austria, Belgium, France, Germany, Luxembourg, Switzerland
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Netflix is spreading its wings in Europe.

Netflix, the world's top on-demand Internet streaming service, announced today that it is expanding to 6 additional countries in Europe. The countries include Austria, Belgium, France, Germany, Luxembourg, and Switzerland.

The planned expansion comes after the company's European invasion which began in 2012 when it launched in the U.K., Denmark, Finland, Ireland, Norway, and Sweden. Last year, Netflix included the Netherlands in the mix.

In a statement released today, Netflix said that it would offer a curated selection of Hollywood, local and global TV series and movies, including Netflix original series. They will be available on TVs, tablets, phones, computers, and game consoles, the company added.

The company will announce the pricing and programming details at a later date.

Although the expansion will leave its international unit at a loss, Netflix expects its international business to surpass the U.S. market in the future.

In April this year, the company reported a $35 million loss in its international division. However, the U.S. division gathered over $201 million in profit last quarter.

Netflix's expansion in Germany will be easy. The country ranks first among European countries in terms of broadband users. Russia is second, while France is third. Overall, Netflix has 48 million users worldwide.

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The Author

<a href="/latest_stories/all/all/21" rel="author">Gene Ryan Briones</a>
Gene Ryan Briones (Google+) is a technology journalist with a wide experience in writing about the latest trends in the technology industry, ranging from mobile technology, gadgets and robots, as well as computer hardware and software.




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