Netflix Is Expanding to Latin America

Netflix is bringing its online video subscription service to 43 countries in Latin America and the Caribbean later this year, the company announced Tuesday. This will be Netflix's second expansion outside of the U.S., following Canada. Like Canada, only its Watch Instantly service, which provides unlimited streaming TV shows and movies for $7.99 per month in the U.S., will be offered. Members will be able to access Netflix on a variety of Internet-connected devices in Spanish, Portuguese and English, the company said in a statement. There are no plans to extend its DVDs-by-mail offering at this time.

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