Netflix to Bring Streaming to the UK and Ireland

Written by John Ponio    Tuesday, 25 October 2011 16:39

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Netflix announced recently that they plan on bringing their streaming service to both the UK and Ireland in early2012. Obviously this is to increase revenue, as Netflix has had a shaky few months since their whole pricing and service change. Netflix's stock reached a peak at at $294.15 back in July, and has since toppled to finishing today at $77.37. There weren't many more details released about the plan, launch date, or pricing. Netflix said they'll release that information when it gets closer to launch. UK and Ireland users won't get the DVD-by-mail service, most likely because of licensing issues but why they won't have that service was not said. You can read the press release here.