Netflix pushes into Latin America
Netflix, the US film and television subscription service, is working on a push into Latin America and is close to announcing deals with three of the continent's biggest broadcasters to begin streaming programming online in Argentina, Brazil, Chile and Mexico, reports the FT. The California-based group is negotiating to acquire telenovelas and other content from Grupo Televisa and TV Azteca of Mexico, and Globo of Brazil, say people familiar with the plans.
Netflix has announced it will be expanding its streaming service to Mexico, South and Central America and the Caribbea later this year.