Netflix: FT Sees Latin America Expansion; WSJ Sees Big Media Warming - High-Def Digest Forums
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Old 05-10-2011, 11:44 AM
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Default Netflix: FT Sees Latin America Expansion; WSJ Sees Big Media Warming

Two interesting pieces of news. Looks like Latin America is up next for Netflix expansion.

It also points out how media companies are embracing the Netflix model as a way to expand their business (kinda hard not to when they are expected to generate $3 billion mainly off of catalog content):

In case you missed it, the Financial Times’s Matthew Garrahan, Adam Thomson, and Joe Leahy write in this morning’s edition about Netflix (NFLX) is close to signing a deal with three of the biggest broadcasters in Latin America to begin streaming programming in Argentina, Brazil, Chile, and Mexico, citing multiple anonymous sources.

Netflix’s overseas expansion beyond its U.S. and Canada audience is seen as an important route for expanding its total subscriber count in coming years.

The broadcasters are Mexico’s Grupo Televisa and TV Azteca, and Brazil’s Globo.

And in case you missed this, The Wall Street Journal’s Jessica Vascellaro, Lauren Schuker, and Sam Schechner this morning report that a gaggle of big media companies are turning in their attitude toward Netflix: Time Warner (TWX) is among those companies that seem to be in a rush to tout their deals with the company.
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