Netflix kicks off LatAm expansion with Brazilian launch

Netflix top brass said on Monday that the Brazilian monthly fee is BR $14.99 and that customers were entitled to start immediately with a free one-month trial.

The Spanish-language version of Netflix is scheduled to become operational in Argentina, Uruguay and Paraguay on Sept 7.

The price point for a monthly streaming subscription in Argentina is 39 pesos while in Uruguay and Paraguay the price is $7.99 per month.

The service rolls out in Chile on Sept 8 at 3,790 pesos a month and in Bolivia on the same day at $7.99, followed on Sept 9 by the Andean region. In Colombia the subscription cost will be 14,000 Colombian pesos while in Venezuela, Peru and Ecuador the price will be $7.99.

Mexico, central America and the Caribbean will receive Netflix on Sept 12. Mexican subscribers will pay 99 pesos and those in central American and the Caribbean will pay $7.99. In the Caribbean, Netflix will be available in English and Spanish.

As previously reported on Screendaily, it is understood that the service will open in the UK and Spain the first quarter of 2012 before rolling out in Asian markets, believed to be Japan and South Korea, by the end of next year.

Netflix’s Latin American portfolio includes hundreds of Miramax titles like Pulp Fiction, Chicago and Good Will Hunting after Miramax confirmed on Tuesday (6) they would screen under its first interational digital distribution deal with any company. Miramax and Netflix announcing their North American agreement in May.

“We are excited to be bringing Netflix to Latin America and the Caribbean,” Netflix co-founder and CEO Reed Hastings said. “People throughout the region are online in ever-greater numbers and they love movies and TV shows. We are proud to bring them the Netflix experience of instantly enjoying as many movies and TV shows as they want, when they want for one low price. “