Netflix Coming To The Bahamas

Wednesday 13th, July 2011 / 13:08 Published by

Excellent news for movie buffs. Netflix is exapanding into the
Bahamas. That could be bad news for Cable Bahamas, who recently
introduced their new REVTV product. Also, for Galleria Cinemas, who
charges an arm and a leg to watch movies in cramped little rooms with
lousy sound

But it is good news for just about everybody else..

The Nassau Guardian reports that Steve Swasey, vice-president of
corporate communications at Netflix, said he thought the timing is
right to launch the internet streaming service locally.

“Yes it is [launching in The Bahamas] later this year with Spanish,
Portuguese and English content,” he confirmed. “We were based only in
the U.S. until last year when we launched in Canada [and] we’ve seen
dramatic growth, and it’s been very rewarding to see that.

“We decided to push through to another market… The time is just
right for Netflix.”

Source: Nassau Guardian

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1 Comments on “Netflix Coming To The Bahamas

  • You forgot to mention that the only business it might actually put a dent in is the illegal sales of copied DVDs. You know the ones that look like shite that come out the same time as they hit the movie theaters?

    Well my point is Netflix’s business model doesn’t allow them to have high quality dvds or streaming the same time a movie comes to the theater. Movie studios will not allow this (well not all) because then who would pay 10 bucks to watch a movie when they can just rent it for almost free with a 15 bucks a month subscription fee to Netflix?

    So I think Galleria and even Cable Bahamas would we safe with people that like to go to the theater or watch movies at home.

    Reply

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