May 18, 2010
The Netflix (Nasdaq: NFLX ) growth story has been turned into one heck of an adventure film. But with subscriber growth rates that would see the company saturate the U.S. market in roughly eight years, can it keep up the pace forever?
Motley Fool Stock Advisor analyst Jim Mueller says that while Netflix's business is bound to level off domestically, it still has plenty of room to run -- overseas. CEO Reed Hastings has announced that his company will launch a streaming-only service in another country in the second half of this year, although he won't say where that's going to be.
Jim thinks it will be either Canada -- close by, and an easy place to replicate the U.S. experience -- or the U.K., where it could launch an assault on the already established European Netflix knock-off, Love Film. It's not always a happy ending when American brands plant their flags in foreign soil, but Netflix is selling something that the world historically loves to buy: Hollywood and American television. Watch the video here:
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