Netflix Poised to Expand Internationally

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According to Netflix CEO Reed Hastings, Netflix Inc. is “primarily a streaming company that also offers DVD-by-mail.”

In addition, the company is also looking to expand internationally. Already, Netflix is available in Canada. However, the company is considering moving “beyond North America” in the second half of 2011. It’s unknown which countries Netflix has its eyes one, but the company is expected to invest up to $50 million trying to expand to countries other than United States and Canada.

Source:  Erictric

Posted by:  Laurel Delaney, The Global Small Business Blog