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Netflix could be coming to NZ next year - report

Published: 9:24PM Wednesday May 28, 2014 Source: ONE News

Netflix is planning to launch in New Zealand and Australia next year, according to a report from an Australian film industry magazine.

The film and television streaming website has more than 50 million subscribers and recently announced plans to expand to Europe, but does not currently have the rights to operate in New Zealand.

Inside Film says it understands Netflix has started negotiations for the Australasian rights to US owned films and television series.

The cost of an unlimited Netflix subscription if it did expand here is expected to be at most around $11. Netflix in the US costs $US7.99 ($9.40).

Inside Film quotes a US executive who it says is convinced a launch in the first quarter of next year is planned.

Netflix declined to comment when asked about the possible expansion by Inside Film, though did not rule it out saying, "We do hope to be everywhere someday."

The introduction of Netflix to NZ could spell dangerous competition to services such as Sky TV, giving Kiwis other, cheapers ways to watch in-demand shows like Game of Thrones.

In 2011 Netflix briefly considered branching out to New Zealand, but ultimately said low internet data caps would make it too difficult.