Netflix expanding to Latin America

By Sean O’Connell Netflix continues to expand.

The video rental and streaming service announced plans to launch its online subscription service “in 43 countries in South and Central America and the Caribbean later this year,” according to the L.A. Times, though the release didn’t clarify when Netflix plans to expand into those territories.

As of right now, Netflix only is available in North America (the U.S. and Canada). And initially, Latin American users only will have access to the company’s online streaming service. Only U.S. subscribers can take advantage of the actual DVDs, which still come by mail.

The next step beyond Latin America, one would assume, would be Europe. But the Times notes that Netflix would face stiff competition from Lovefilm, a similar service that “was acquired in January by”

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