Netflix to launch streaming service in UK

US film and TV rental firm Netflix is to launch a streaming service in the UK and Ireland next year. Market leader LoveFilm was recently taken over by Amazon, and YouTube has also announced plans to stream films.

Netflix said it would provide a subscription service in the UK offering unlimited TV shows and movie streaming over the internet. The company said further details about the service, including pricing and content will be announced closer to launch in early 2012.

Netflix recently expanded its subscription streaming service to Canada and is reportedly looking to launch in other European countries.

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