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Wednesday, May 21, 2014
Netflix to Expand to Europe

Netflix plans to expand to a further six European countries before the end of the year, reaching Germany, France, Austria, Switzerland, Belgium and Luxembourg.

The Los Gatos, California, company entered Europe in 2012 when its Internet video service debuted in the U.K. and Ireland.

The company has not clarified which month its service will be available in the new markets or how much it will cost.

The US-based firm has 48 million subscribers in over 40 countries.

In Germany, the TV and movie streaming service will have to compete against video-on-demand incumbents including Sky Deutschland's Snap, Vivendi's Watchever, ProSiebenSat.1's MaxDome and Amazon Instant Video.

In France, it faces the prospect of competing against a rival that owns the rights to a series branded a "Netflix exclusive" in other territories: Vivendi's CanalPlay owns the domestic rights to the second season of the drama House of Cards in the country.

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