Netflix Considers Streaming 3D Content, Continues to Invest in Canada

Netflix has announced its 4th quarter results for 2011 and the news was better than expected. Despite having a rough year south of the border, Netflix managed to gain 220,000 new streaming customers bringing the total to 21.67 million with 1.9 million customers in Canada.

The company was quick to point it made a significant improvement in content for Canadians with the addition of tier one movies such as Black Swan, True Grit and Rango. It also maintained the prospect for growth is exciting enough to continue pushing for tier one titles for Canada which will eat up the prospects of making any sort of profit in our country. In fact Netflix doesn’t expect to begin making money in Canada until at least Q3 of this year.

While 3D titles are already in the mix in the mail-order side of things, Netflix is now considering streaming 3D titles as early as this year. That being said it will not launch video game rentals as promised back in the fall when Netflix announced the ill-fated Qwikster service.

[Netflix]