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Netflix is expanding in Asia and plans to complete its 200-country takeover by 2016

Netflix is expanding in Asia and plans to complete its 200-country takeover by 2016
Netflix's 2016 expansion plans include entering four more Asian markets. (Marcio Jose Sanchez / Associated Press)

Netflix announced the next phase of its global rollout, with plans for expansion into four more Asian markets in early 2016.

The Los Gatos, Calif.-based company will next enter Hong Kong, Taiwan, Singapore and South Korea in its quest to complete its global strategy by the end of next year.

Internet users in those regions who subscribe to Netflix will be able to stream a selection of popular TV shows and movies. Further details, such as pricing and available programming, will be disclosed at a later date, the company said in its release.

"The combination of increasing Internet speeds and ubiquity of connected devices provides consumers with the anytime, anywhere ability to enjoy their favorite TV shows and movies on the Netflix service," Reed Hastings, chief executive of Netflix, said in a statement. "These four markets well represent those trends."

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Netflix, home to such original programming as "House of Cards" and "Orange Is the New Black," is available in more than 50 countries and boasts a global subscriber base of 65 million. The video streaming giant's expansion into Asia kicked off this month when it launched in Japan. It plans to complete its 200-country campaign by 2016.

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