Tuesday, February 10, 2015
Netflix Expands In Cuba
Online video streaming service Netflix--which has significant operations in Los Angeles--opened up its service in Cuba on Monday, one of the first companies back into the country after President Barack Obama's move to re-establish diplomatic ties with the Communist country. Netflix will charge $7.99 a month for the service. It's unclear how many customers Netflix actually hopes to gain in the country, which has an average wage of $20 a month, and where there is extremely limited access, mostly via Internet cafes.