Home Industry Netflix plans larger expansion into Europe

Netflix plans larger expansion into Europe

2014 may be the year Netflix makes a large push in Europe, including the countries of France, Germany and Belgium, The Hollywood Reporter wrote this morning. Although there hasn’t been an official announcement, sources say Netflix met with officials in France and Germany late in 2013 about expansion into those territories. Other sources indicate local content suppliers have been negotiating distribution rights with Netflix.

Netflix has already launched in Nordic regions of Europe including Sweden, Denmark, Norway and Finland, as well as the U.K., Ireland and the Netherlands. In Europe, the streaming video provider faces competition from Amazon’s already established LOVEFiLM service.

Netflix stock rose about 16% yesterday in after-hours and pre-market trading after the company announced more than 2.3 million U.S. customers added in the fourth quarter of 2013. The company reported an increase of $48 million for the quarter, up $8 million from the previous year.

Sources: The Hollywood Reporter, Reuters

contributor
HD Report frequently features articles written by guest contributors who are experts in the industry. Our publication is listed in Google News as well as other tech and entertainment forums. If you would like to write a news article, review, or editorial please contact us.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

4k TV Deals

Hot Pre-orders!

Paid Amazon Link
Game of Thrones: The Complete Series 4k Blu-ray
Paid Amazon Link Westworld: Season 3 4k Blu-ray

1-Month Free!

Hot Blu-rays!

New Articles

The Godfather III Restored New Definitive Edit Releasing to Blu-ray & Digital

To celebrate the 30th Anniversary of the theatrical release of The Godfather III, Director Francis Ford Coppola and Paramount Pictures have cut a new...

2020 MLB World Series Format Offers Innovations Including 4k HDR

The 2020 MLB World Series hosted by FOX is being broadcast for the first time in 4k HDR. This isn't the first 4k event...

What Happened to Sundance TV on DIRECTV

Don't worry, Sundance TV is still on DirecTV. It just moved from its former channel, 557, to Channel 239 starting on Oct. 21, 2020. Sundance...

MLB 2020 World Series Schedule, Channel, & How To Stream

After a shortened season the 2020 MLB World Series kicks off tonight, October 20th at 8 p.m. Eastern/5 p.m. Pacific Time. On the mound in...

Support Us!