Netflix to Launch in Australia, Village Roadshow CEO Claims
By Anne Lu | June 30, 2014 3:05 PM EST
The headquarters of Netflix is shown in Los Gatos, California in this file photo taken September 20, 2011. Netflix Inc reported higher profit that beat Wall Street expectations for the quarter that ended in March, boosted by the addition of 2.25 million customers to its movie and TV streaming service in the United States. REUTERS/Robert Galbraith/Files
The film production company, which distributes films in Australia, has confirmed that the U.S. on-demand Internet streaming media is in negotiations to launch in Australia.
The CEO did not say when the streaming company will arrive Down Under, though.
His comment comes weeks after the on-off rumours of Netflix’s arrival in the country.
The report of Netflix’s supposed launch has been around for months, though it has been intensified in May when The Australian claimed that the company was planning to occupy the Aussie market within the next 12 months.
And just in case that Netflix was really considering doing that, local networks have made deals with other telco and digital TV companies to offer streaming services as well.
However, Netflix has quickly doused Aussies’ hope that they would be able to subscribe from the company any time soon.
“No current plans to launch in Australia,” a spokesperson from the company told Gizmodo. “We do want to be global, so one day we should be there, but we have no current Australia launch schedule.”
As for the recent comment by Burke, Netflix chief financial officer David Wells said that it’s unlikely to happen now.
The online streaming giant’s current priority is its expansion in Europe, which means that its launch in the Australian market is not yet in its horizon.
Wells told Australian Financial Review that “before we launch another substantial expansion, that we’re pretty confident in our existing performance in the markets we have today.”
In the U.S., Netflix is available to subscribers for U$7.99 per month. And while Australians aren’t able to watch its products, there are some people who are able to bypass geoblocks to subscribe to the service using VPN (virtual private network).
To contact the editor, e-mail:
Most Popular Slideshows
- Typhoon Rammasun Claims 18 Lives in China, Incurs $4.32B Losses (PHOTOS)
- National Ice Cream Day: Most-Ordered Flavors and Toppings by Americans [See Photos]
- Malaysia Airlines MH17: Vital Black Boxes Finally Land in Hands of Malaysian Authorities, Rebels Announce Ceasefire (PHOTOS/VIDEOS)
- Celebs: Struggle With Drug Addiction
Join the Conversation
- Bachelorette 2014, Bachelor 2015 Spoilers: Andi Dorfman Hints at Next Bachelor; Find Out What He Thinks About the Job
- Castle Season 7 Spoilers: Stana Katic says ‘Back in the Saddle’, Beckett, Castle Romance to Grow Stronger
- Orange is the New Black Update: Reality T.V. Star to Appear in Season 3, Actor Says Show can Run for Long Time, even with New Protagonist
- Game of Thrones Season 5 Spoilers: Nymeria Sand and Arya's Nymeria As Possible Ferocious Forces in New HBO Chapter
- The Bachelor 2014 Update: Nikki Ferrell Sparks Split News Amid Juan Pablo’s Cheating Reports; Find out the Truth
- Fresh Leak Hints iPhone 6 Price and Release Date; 4.7-Inches iPhone 6 Sapphire Display Scratched in Test; New Spigen Cases Out
- iPhone 6 2014 Release Date Very Soon as Apple Orders 120M New iPhones from Foxconn – Report
- Google Nexus 6 on Release Date Will Sport 2K Display Panel & Lower Price Tag – Report
- Motorola Moto G Vs. Xiaomi Mi3 – Low in Price, High -level Features
- FCC Approves Sony Xperia Z3 for U.S. Market
- Killer Xiaomi Mi4 at $499 Comes With 5.5-Inch Quad HD Display, Snapdragon 805 Processor, 3GB RAM and More
- End of Times Indicators: Japan’s Mount Fuji in ‘Critical State’ to Erupt, Could Affect At Least 1.2M People