Netflix Heads to U.K. to Take on Amazon

Netflix says it will bring its streaming video service -- but not its DVDs -- to the United Kingdom and Ireland in "early 2012." The announcement confirms earlier reports and speculation that the company would target the U.K. after a Latin American expansion in 2011; other reports have the company moving into Spain as well. Unlike other Netflix expansion moves, in the U.K. the company will run up against its first entrenched digital competitor: Amazon's LoveFilm, most often known as "the Netflix of Europe." Netflix reports Q3 earnings this afternoon.

Source: http://allthingsd.com/20111024/netflix-heads-to-uk-to-take-on-amazon/

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