By Euro Weekly News Media • 31 July 2014 • 15:55
Netflix online TV and movie streaming is scheduled to launch across Spain in the last quarter of 2015.
A source close to Netflix tells Europa Press ‘Netflix movie and TV streaming business is planning a second wave of major expansions in Europe in Q4 next year.”
The move into Spain in 2015 will follow the most recent expansions scheduled to take place in September this year across Germany, France, Austria, Switzerland, Belgium and Luxembourg.
Netflix announcing it’s second quarter results earlier in July happily announce its international user base now currently stands at 13.8 million and its total number of users to include the USA as 50.05 million.
Europa Press reports that Netflix CEO Reed Hastings said, “even after our upcoming expansion in Europe, we’ll only address about one-third
(271 million of 728 million) of current broadband households.
“Our broad success from Argentina to Finland has convinced us to further invest aggressively in global expansion.”
Netflix already provide a Spanish language version of it’s service in a number of international markets, after rolling out across Latin America in 2011.
Speculation by Europa Press suggest the reason Netflix may delay its launch in Spain until 2015 is likely down to difficulty getting rights to content, high piracy rates and existing competition in the market.
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