Netflix preps Latin American launch; YouTube adds 3,000 premium movies
10 May 11 -

US-based movie streaming service provider Netflix is reportedly close to announcing it has secured programming agreements with major Latin production groups ahead of a launch of its streaming and rental service in the region.

The company is expected to close deals for telenovelas and other region-specific content from Mexico’s largest broadcasters, Televisa and TV Azteca.

Netflix said last month that it will ramp up its international rollout, having successfully launched in Canada last year, but has yet to confirm the expected Latin America launch.

Separately, video sharing website YouTube has added a raft of movies to its US service. YouTube head Salar Kamangar told users about the new content in a blog post.

There will be 3,000 new titles on the site from Sony Pictures Entertainment, Warner Bros, Universal Pictures, Lionsgate and others. New movies will cost from US$3.99 (€2.80) apiece and older titles US$2.99.