Netflix to expand into Canada

Los Gatos, Calif. Netflix said Monday it will launch a Canadian service for streaming movies and TV episodes later this year. The expansion marks the first international venture for the company.

Starting this fall throughout Canada, Netflix will offer unlimited movies and TV episodes streamed instantly to TVs and computers for a monthly fee.

In addition to representing its international debut, Canada will also mark the first streaming-only service promoted by Netflix.

At the time of launch, the Netflix Canadian service will be available in English only, but the company said it expects to add French language capability over time.