As we informed you earlier about Netflix plans to launch its services in 43 Countries around Latin America. It seems like Netflix has already taken the first step towards the mass expansion and has launched its services in one of the biggest Latin American market, Brazil.
Netflix is now available in Brazil for a subscription price of 14.99 Brazilian Real, which makes up to 9.35 US Dollars. Netflix has launched a Portuguese Version of their services in Brazil on Monday and has plans to launch services in following countries on following dates with respective languages and prices,
|Brazil||14.99 Brazilian Real||Portuguese||5th September, 2011|
|Argentina||39 Pesos||Spanish||7th September, 2011|
|Uruguay||7.99 US Dollars||Spanish||7th September, 2011|
|Paraguay||7.99 US Dollars||Spanish||7th September, 2011|
|Chile||3790 Pesos||Spanish||8th September, 2011|
|Bolivia||7.99 US Dollars||Spanish||8th September, 2011|
|Columbia||14,000 Columbian Pesos||Spanish||9th September, 2011|
|Venezuela||7.99 US Dollars||Spanish||9th September, 2011|
|Peru||7.99 US Dollars||Spanish||9th September, 2011|
|Ecuador||7.99 US Dollars||Spanish||9th September, 2011|
|Mexico||99 Pesos||Spanish||12th September, 2011|
|Central America||7.99 US Dollars||Spanish, English||12th September, 2011|
|Caribbean||7.99 US Dollars||Spanish, English||12th September, 2011|
CEO and Co-founder of Netflix, Reed Hastings said, “It is an amazing privilege for us to travel through the region, introducing Netflix to consumers in Latin America and the Caribbean,” said Hastings. “We are committed to offering the same great service, value and choice throughout the Americas and we can’t wait to get started.”
According to reports from one of the world’s largest research agency Nielsen, only 8.4 Million netizens in Brazil have internet connections above 500 kbps, whereas, we know minimum of 800 kbps is required to stream movies online without any lagging. Moreover, as Internet Piracy in Latin is at record high, which also brings Latin American Countries in the list of top piracy countries. People in Latin America can get pirated movies from neighborhood DVD and CD Stores in less than a dollar. In this scenario it will be very interesting to see what Netflix future in Latin America holds.
Many experts have already raised serious concerns over Netflix Strategy in Latin America including Micheal Pachter of Webbush Securities, who says, “This just won’t work in Ecuador or Costa Rica or even Mexico as it has in the U.S, It’s going to depend on how many households have broadband access and what the quality of the content will be like”.
This announcement not only comes as a big news in the Internet Rental Streaming Industry, but also in the VPN industry. Many affluent internet users in Latin America used to use USA VPN or Canada VPN to access Netflix. But form September 12, 2011, they won’t need VPN in Latin America and Caribbean to access Netflix.
Still Asia and whole Europe loves Netflix and they can’t access it for which they have to resort to Netflix VPN and Hulu VPN to access Hulu and Netflix in countries other than USA or Canada. Let’s watch for Hulu Future Expansion plans in Japan and some other Asian countries by the end of this year, as well as BBC iPlayer’s plan to expand to Europe and USA.
We will keep you posted on any future updates.
You can also see here the all time Top 10 VPN Providers list.
Wish you a Happy and Private Internet Life !!
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