Netflix Sets UK & Ireland Service For 2012

The big Netflix news will come later today, when the company releases its third-quarter earnings. That’s expected to include data on just how many subscribers fled the company after its recent public relations disaster that included a surprise fee hike, splitting off its streaming service from its DVD-by-mail service and then putting them back together again. For the year, Netflix’s stock is down by a third. Meanwhile, this morning’s news officially continues the company’s international expansion. Here’s the release:

LOS GATOS, Calif., Oct. 24, 2011 — Netflix, Inc. (Nasdaq: NFLX), the leading global Internet movie subscription service, today announced it will expand to the United Kingdom and Ireland in early 2012, offering unlimited TV shows and movies streaming instantly over the Internet to TVs and computers for one low monthly subscription price. (more…)

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