Netflix to hit Latin America and Caribbean markets

Netflix, a provider of Internet movie and TV series
subscription services, is arriving in Latin America and the Caribbean,
providing instant and unlimited movies and TV shows streamed from Netflix to
computers, game consoles and other Internet connected devices for a single low
monthly price.  Netflix launched today in Brazil and will be launched in
43 countries in Latin America and the Caribbean by 12 Sept.

With more than 25 million members in the U.S. and Canada,
Netflix offers amazing convenience and extraordinary value with a broad range
of Hollywood, international and local movies and TV series to choose from.
Netflix has revolutionized entertainment in North America by giving people a
choice to instantly enjoy what they want to watch, when they want to watch it
for a low monthly price over a wide range of Internet-connected devices, such
as computers, game consoles, and smart TVs.

We are excited to be bringing Netflix to Latin America
and the Caribbean,” said Reed Hastings, co-founder and chief executive
officer of Netflix.

People throughout the region are online in ever-greater
numbers and they love movies and TV shows. We are proud to bring them the
Netflix experience of instantly enjoying as many movies and TV shows as they
want, when they want for one low price,” Hastings added.

Today, the Portuguese-language version of Netflix
launched in Brazil, where thousands of hours of movies and TV shows can now be
watched instantly, anytime and anywhere via PC, Mac, PS2, PS3 and Wii for a
monthly subscription price of BR$14.99.

The Spanish-language version of the Netflix streaming
service will become available in Argentina, Uruguay and Paraguay on September
7. The monthly subscription for unlimited streaming of movies and TV shows in
Argentina is 39 pesos while in Uruguay and Paraguay the price is US$7.99 per

By Team
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