Netflix service heading Down Under

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Published: Wednesday 19th November 2014 by The News Editor

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Netflix is to expand into Australia and New Zealand in March.

The online movie and television provider said details on pricing will be available later.

The Los Gatos, California-based company has about 53 million subscribers in the US and internationally. It grew to Canada in 2010, expanded to Latin America in 2011 and in 2012 began roll-outs in European countries.

In the most recent quarter, subscriber growth fell short of company forecasts because of a price increase in the US and Netflix is dealing with tougher competition from Amazon and Hulu. HBO is also planning an Internet package in the US next year.

Published: Wednesday 19th November 2014 by The News Editor

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