Netflix's streaming video service is flowing to Latin American and the Caribbean. The company said Tuesday that it plans to expand into 43 countries south of the U.S., inspiring an 8 percent jump in the already high-flying stock. Netflix made its move into Canada last fall. "If we succeed in Canada, we will certainly look at other markets," … [Read more...]

Netflix has reached an exclusive streaming video deal with new film distributor Open Road that kicks off with the upcoming action pic "Killer Elite." The arrangement won't do anything for Netflix's current lineup of streaming movies, as the distributor has only one other film in the hopper, a sci-fi story from the writer of the "Twilight" … [Read more...]

Subscribers who stream Netflix's videos are twice as likely to downgrade or cancel their cable TV service -- the much-debated "cutting of the cord" -- a new study finds. A digital think tank says its survey of Netflix subscribers shows the likelihood of them downgrading or dumping cable or satellite TV soared to 32 percent in 2011 -- up from 16 … [Read more...]