Netflix to Extend On Demand Content And Movie Subscription Service to Latin America

In a move that serves to further illustrate the ways in which Netflix is changing how millions of people around the world absorb entertainment, the Internet movie subscription service announced Tuesday that it is expanding throughout beautiful Latin America.

Before the end of 2011, Netflix says it will reach 43 additional countries throughout Latin America and the Caribbean.

The expansion will deliver the same unlimited TV shows and movies that we enjoy streaming instantly over the Internet to TVs and computers.

Upon launch, Netflix members from Mexico, Central America, South America and the Caribbean will be able to instantly watch a wide array of American, local and global TV shows and movies right on their TVs via a range of consumer electronics devices capable of streaming from Netflix, as well as on PCs, Macs and mobile devices.

Members in the new territory will be able to access Netflix in Spanish, Portuguese, or English, depending on their preference.

Netflix has been streaming to US members since 2007. Canada only joined the Netflix party last year.

As a result of some healthy globe-hopping for Netflix, investors believe the company is on the verge of continued rapid growth in a market that can’t seem to get enough of the services Netflix is peddling.