Netflix planning 6-country European invasion this fall

By | May 21, 2014

Scalper1 News

Subscription online video service Netflix is planning a major European expansion later this year. It announced Wednesday that it intends to launch in Austria, Belgium, France, Germany, Luxembourg and Switzerland in late 2014. Netflix (NFLX) entered the U.K., Ireland, Denmark, Finland, Norway and Sweden in 2012, and the Netherlands in 2013. It has over 48 million members in more than 40 countries. Netflix said it will offer a “curated selection of Hollywood, local and global TV series and movies,” including Netflix original series, in the new countries, according to a press release . Further details, including pricing, programming and supported devices, will be announced at a later date. Netflix stock was up more than 2%, near 380, in morning trading in the stock market today. Known for original English-language programming such as “House of Cards” and “Orange Is the New Black,” Netflix is starting to dip its toe … Scalper1 News

Scalper1 News