Netflix to stream movies and TV shows in Latin America

Tue, Jul 5th 2011, 06:47 PM

LOS GATOS, California Associated Press NETFLIX is expanding its movie and TV show streaming service into 43 countries throughout Latin America in the online movie rental company's largest international expansion yet. Analysts said the expansion was larger than expected. The company's stock hit an all-time high of $283.50 in morning trading Tuesday. Netflix Inc. subscribers in Mexico, South and Central America and the Caribbean will be able to watch TV shows and movies streamed on a wide range of gadgets starting this year. The company did not announce a pricing plan or say exactly when the service will be available. In the U.S., a streaming subscription costs $8 a month and customers ca ...

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