Netflix (Nasdaq: NFLX) has remained pretty coy about cable TV cord-cutting, and the possibility that it could become a real cable TV alternative at some point, and there isn't enough evidence yet to believe otherwise--at least in the U.S. But, what about in other countries and regions where cable TV doesn't have as strong a grip on the market?
Latin America is one such region, according to NewTeeVee, which noted that a recent Goldman Sachs report pinned the number of people paying for TV services in Latin America at less than 25 percent, compared to more than 90 percent in the U.S. But, fast-growing broadband Internet capabilities could be the real game-changer.
-see this NewTeeVee post
Netflix reportedly isn't interested in buying Hulu
Netflix announced its Latin America plans last week