Netflix Teams With LG For 'Prepaid' Streaming Worldwide (engadget.com)

An anonymous reader writes: Netflix CEO Reed Hastings announced at CES that the service had gone live in 130 additional countries including India, Russia, and Saudi Arabia. He called the expansion "the birth of a global TV network." Partnering with LG, the company hopes to expand its reach by providing prepaid access worldwide. China remains the most notable holdout for the streaming service but Hastings is hopeful saying, "We are continuing to work on that and we are very patient."

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Region Locking Still in Place

[Forgefather]

For those whoa re wondering about the continued use of region locking, that nonsense will still be in place.

from http://www.wtoc.com/story/3090...

"Although Netflix is now virtually worldwide, not of all its entertainment will be available everywhere. For instance, a prized licensing contract that gives Netflix the rights to Walt Disney films after their theatrical release will be limited to the U.S. and Canada as part of a deal negotiated several years ago. Hastings told reporters Wednesday that Netflix is hoping to expand those rights into other countries."

They are still in negotiations for global rights to all of their content, but being available in many more countries should increase their bargaining power in that endeavor.