Netflix in Cuba? According to "Freedom House puts Cuba's Internet availability at just 5 percent of the population"
So the communist dictatorship elite will only have access to Netflix, and AGAIN the Cuban people get screwed.
Click here for the story:
SAN FRANCISCO (AP) — Netflix began selling its Internet video service in Cuba Monday in what appears to be a largely symbolic move driven by the recent loosening of U.S. restrictions on doing business with the communist-run island.
The expansion probably will generate more publicity for Netflix Inc. than new subscribers because only a small fraction of people living in or visiting Cuba have the high-speed Internet access needed to stream movies and TV shows.
The audience with fast enough Internet service to get Netflix consists primarily of international executives, foreign media workers and high-ranking government officials. Many more Cubans have access to relatively fast internet connections if they work for state businesses authorized to have the service, but their online activities are monitored. Streaming videos at work is among the activities that could trigger disciplinary action
Most Cuban incomes are meager, too, making Netflix's $8-per-month service an unaffordable luxury for most of the island's 11 million residents. A ban on making U.S. payments also remains in effect, requiring anyone in Cuba who wants to subscribe to Netflix to set up an international payment method.
Netflix now has more than 5 million subscribers in Latin America, accounting for nearly 10 percent of its 57 million customers worldwide. About 39 million of those subscribers are in the U.S, but Netflix is now experiencing its fastest growth internationally.
Investors apparently don't view Cuba as a particularly promising market for Netflix. The company's stock dipped 85 cents to $443.51 in afternoon trading Monday.