Netflix to arrive in Italy on October 22nd

Netflix to arrive in Italy on October 22nd
Netflix will arrive in Italy on October 22nd. Photo: Matthew Keys / Flickr Creative Commons.
US film and television-streaming giant Netflix said on Wednesday it will launch in Italy, Spain and Portugal in late October, expanding its global drive to compete with traditional channels.

The online service for streaming films and television series will launch in Italy on October 22nd, Portugal on the 21st and  Spain on October 20, it announced in videos published online.

Netflix executive Neil Hunt was quoted by Spanish newspaper El Periódico in September as saying a subscription to the service would cost from 7.99 euros (about $9.00) per month.

Netflix was founded in 1997 and has more than 65 million users in 55 countries, most of them in the United States.
It launched in Japan this month and said it also plans to do so in South Korea, Singapore, Hong Kong and Taiwan.
The company reported sales of €4.9 billion ($5.5 billion) last year.


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