Netflix to Expand in Spain, Eyes Japan and South Korea

Netflix is continuing to expand overseas and will add Spain in January 2012.

Pedro Perez, president of the local producers association FAPAE confirmed to ScreenDaily that the video streaming company has already been in contact with various Spanish producers.

The expansion will come with challenges since Spain is on the International Intellectual Property Alliance's Watchlist of piracy offenders. The country is plagued with 400 million illegal downloads per year, according to ScreenDaily. By contrast, only 100 million movie theater tickets are sold annually.

The news of the latest expansion comes as millions of customers have threaten to drop Netflix over a recent 60 percent price increase for certain viewing plans. Last fall, Netflix launched its services in Canada.

Various media outlets said the U.S. company also plans later to introduce its services to Britain as well as select Asian markets, including Japan and South Korea. Netflix said in July it would expand to more 40 countries in Latin America by the end of 2011, the L.A. Times reported.

Netflix, which has more than 25 million subscribers, is available on a variety of devices, including the Wii, Playstation, Xbox and iPad.