Netflix Looks to the Old World for New Growth
France, meet “Yeux Fous.” This month, Netflix, the world’s largest subscription streaming video service, will offer the original series Orange Is the New Black and other programming to six European nations, including Germany and France. It aims to reduce its reliance on the U.S. market and establish global dominance before Time Warner’s HBO GO and Amazon.com’s Prime Instant Video do. […] HBO and sister channel Cinemax have 127 million worldwide customers. The cable channel is expanding internationally with HBO Go, the mobile and streaming product that already competes with Netflix in Sweden, Finland, Denmark, and Norway, Amazon operates in the U.K. and Germany, where it offers Instant Video to subscribers of its Prime delivery service. – Lucas Shaw,Bloomberg Businessweek
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