Netflix expands into Latin America, Caribbean

05.09.2011
Netflix will roll out its streaming movie service in 43 Central American, South American and Caribbean countries, beginning with Brazil, the company announced Monday.

"We are committed to offering the same great service, value and choice throughout the Americas, and we can't wait to get started," Netflix CEO Reed Hastings said in a statement.

The Brazilian service is available now and will cost R$14.99 (US$9.08) per month for unlimited television and film content streamed to PCs and Macs as well as PlayStation 2, PlayStation 3 and Wii game consoles, Netflix said.

The streaming service for Argentina, Uruguay and Paraguay will be rolled out Wednesday for ARS$39 (US$9.28) per month in Argentina and US$7.99 per month in the latter two countries.

Chile and Bolivia will be added on Thursday for CLP$3790 (US$8.19) and US$7.99 per month, respectively. On Friday, Netflix will introduce streaming in Colombia for COP$14,000 (US$7.85) and in Venezuela, Peru and Ecuador for US$7.99 per month.

Mexico, Central America and Caribbean countries will gain Netflix streaming on Monday. The service will cost MXN$99 (US$7.90) in Mexico and US$7.99 per month in Central America and the Caribbean.