Don't forget, they will count all those free trials in new countries as new members. After that,
Churn rate is unknown in those countries.
What about marketing costs in Latin America where Netflix has 0 brand recognition.
Piracy is cheaper than Netflix streaming plan.
Lack of Telenovela content for stream.
"Only 20 percent of Brazil's 42 million Internet users have a connection speed above 500 kilobytes per second, according to a May report from Ibope Nielsen Online. A speed of around 800 kilobytes per second is the minimum required to stream movies online."