As relations appear to be thawing between the United States and Cuba it wouldn’t be surprising to see more U.S. companies open up their business to residents in Cuba. That’s precisely what Netflix has done today. The online video streaming giant has announced that starting today folks in Cuba can access its vast library of content for just $7.99 per month, that’s the same rate Netflix offers to subscribers in the U.S.
In order to access the service people in Cuba will require access to the internet, which isn’t ubiquitous down there, as well as an international payment method. Once they’re subscribed they can instantly start watching all of the content available in Netflix’s library.
By expanding into the country Netflix now becomes one of the first companies based in the U.S. to expand its business in Cuba after the government’s decision to ease up on trade restrictions that have been imposed on Cuba since the 1960s.
By moving into Cuba it also becomes the first service of its kind to operate down there, leaving behind rivals like Hulu and Amazon.
Netflix co-founder and CEO Reed Hastings said “We are delighted to finally be able to offer Netflix to the people of Cuba, connecting them with stories they will love from all over the world.”
Filed in . Read more about Entertainment and Netflix. Source: pr.netflix