After announcing its intention to expand operations back in January, Netflix formally began operations in Australia and New Zealand today. This move marks the first steps in globalization of the on-demand media empire. The next step will be expanding the titles and services offered to Australia and New Zealand, which still lag behind what users in the U.S. can receive. The next country Netflix plans to move on is Japan, where Netflix plans to expand to towards the end of 2015. The end goal Netflix has its sights on include expanding to 200 countries in the next two years. In the markets today, Netflix stocks exploded on the news, currently showing a 3.5% increase in stock price.
March 24, 2015 – Stock Market News
After announcing its intention to expand operations back in January, Netflix formally began operations in Australia and New Zealand today. This move marks the first steps in globalization of the on-demand media empire. The next step will be expanding the titles and services offered to Australia and New Zealand, which still lag behind what users in the U.S. can receive. The next country Netflix plans to move on is Japan, where Netflix plans to expand to towards the end of 2015. The end goal Netflix has its sights on include expanding to 200 countries in the next two years. In the markets today, Netflix stocks exploded on the news, currently showing a 3.5% increase in stock price.
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