mobile-bannertablet-bannerdesktop-banner

Netflix entering Germany, France and four other markets

May 21, 2014

FORTUNE -- Netflix (nflx) is expanding its streaming video services to six additional European countries, the company announced Wednesday.

The streaming video provider will launch in Germany, Austria, Switzerland, Luxembourg, Belgium and France later this year, although the company did not specify a start date for the expansion.

Netflix will be going up against more established rivals in those countries, including local outlets, as well as Amazon's streaming service.

MORE: Microsoft's wildest dream: Kill the laptop

Over the past two years, Netflix has made a go in the European market and is now in 40 countries worldwide with over 48 million members. The California-based Internet television network, as it bills itself, already operates in the U.K. and Ireland, Denmark, Finland, Norway, Sweden, and the Netherlands.

Netflix has not said what it would charge in the new countries, but said it would provide further details on fees and programming "at a later date."

All products and services featured are based solely on editorial selection. FORTUNE may receive compensation for some links to products and services on this website.

Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions