After Entering United Kingdom and Ireland in 2012 . Netflix Plans to enter even more Countries in Europe .the list includes France, Germany , Switzerland , Austria ,Belgium and Luxembourg.
In a recent Press Release, Netflix admitted that the above move is to increase revenue as the US growth is slowing down.Netflix also admits that this move will also affect their profit in the near future.
Existing Netflix users will be able to access their account in these accounts,which means American user will be able to use their account in European Countries and Vis-a-vis
Netflix is now available in almost 50 countries and their foreign revenue in 2013 was $712 million as compared to $2.8 billion in US.
Although the company is still not able to cover their cost , increased by the expansion.
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