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Netflix Goes To Europe

The video streaming service led by CEO Reed Hastings launched in France and Germany this week, part of its previously announced plan to focus on international expansion to grow subscribers over the next year. Netflix, which has about 48 million global subscribers, roughly 12 million of them in international markets, plans to launch in four more European countries in the next year.

Posted on September 16, 2014, at 12:27 p.m. ET

Gonzalo Fuentes / Reuters