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Netflix launching in six more European countries this year

Netflix launching in six more European countries this year

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Expansion includes Germany, Austria, Switzerland, France, Belgium, and Luxembourg

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Netflix is planning to expand to Germany, Austria, Switzerland, France, Belgium, and Luxembourg in late 2014. While the company intends to offer subscribers the full smorgasbord of on-demand movies, television shows, and Netflix original series like House of Cards, content availability will vary depending on country. France, for example, prohibits movies from appearing on services such as Netflix until three years after their theater debut. Details about pricing, programming, and supported devices are to follow at a later date.

In its April 21st letter to shareholders, Netflix wrote that its planned move into new European markets would keep its expanded international segment at a net loss. However, the company expects overseas revenue to eventually surpass its US business. Netflix already services the Netherlands, Sweden, Denmark, Norway, Finland, United Kingdom, and Ireland in Europe.