Netflix set to launch in Sweden this year
Published: 15 Aug 2012 13:20 GMT+02:00
Updated: 15 Aug 2012 13:20 GMT+02:00
Netflix "will offer streaming of TV shows and movies for one low monthly price in Norway, Denmark, Sweden and Finland before the end of 2012," it said in a statement.
Subscribers will be able to watch "a wide array of Hollywood, local and global TV shows and movies," it added, however the company provided no details about subscription rates as yet.
When Netflix published its quarterly earnings in July, the California-based group said its fourth-quarter launch on its "next international market" would "drive us temporarily back into the red."
Netflix was launched in the United States in 1999 and has expanded to Britain, Canada and Latin America over the past two years.