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Netflix’s European Expansion

 (Image source: mashable.com)

Netflix, Inc. (NASDAQ:NFLX) will increase its footprint in European by the end of this year. The streaming video provider will offer its entertainment services to the following European countries; Germany, Belgium, France, Austria, Switzerland, and Luxembourg. The populations in those six European nations will surely drive up Netflix’s membership base and increase revenues. Expanding its reach to other markets is a good buffer against increasing domestic competition.