Netflix to go international in 2011?
Netflix has been extremely successful in transforming itself from a video-by-mail service into one of the key players in video on demand. Hastings admits that Netflix's focus has shifted to streaming, and that it's time to begin looking outside North America. According to AdWeek, the company is now having exploratory discussions with advertising and media agencies around the globe to lay the groundwork their next expansion.
The company, of course, will have competitors to deal with overseas -- like the very popular Lovefilm in Europe. How Netflix will fare there -- as opposed to Canada where the service had no real competition -- remains to be seen.