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."