NETFLIX TO LAUNCH IN SOUTH AFRICA “IN THE NEXT TWO YEARS”

Streaming video service powerhouse Netflix has announced plans to expand to 200 countries around the world “in the next two years”.

Company CEO Reed Hastings and CFO David Wells recently told shareholders that, “Progress has been so strong that we now believe we can complete our global expansion over the next two years, while staying profitable, which is earlier than we expected.”

Talking to MyBroadband, a Netflix rep confirmed that the service will be available in South Africa. “We have not provided details of when we plan to go where, but you can be confident South Africa is among the countries we intend to serve sometime in the next two years,” he said.

Although Netflix is not officially available outside of about 50 markets (mostly in North and South America, the UK, and some parts of Europe), thousands of people already use VPN and DNS services to access its content – a subject of dubious legality due to regional media licensing restrictions.

Of course, whether or not we’ll have electricity in South Africa in two years is another matter entirely.

Source: IGN Africa

Author: MC World

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