How to get Netflix stock in Canada without an investor certificate
In a twist that could have serious implications for the online movie service, the company is offering Canadian investors the opportunity to acquire shares in Netflix stock without a certificate of deposit.
The offer is limited to just one stock, and is only available to individuals and firms that have a current relationship with Netflix.
“If you are an investor, and you are not a Netflix stockholder or Netflix stockholders and you want to buy Netflix stock, you are going to have to register,” said a spokesperson for Netflix.
Netflix said it is currently accepting applications for its “qualified investors” program.
It said the offer is aimed at those who wish to invest in Netflix but do not have an existing relationship with the company.
The company declined to comment on how many people are currently eligible to apply.
The offer will be open to individuals who have an investment of $1,000 or more in Netflix, or who have a registered investment of more than $1 million.
While the offer may seem small to many, it’s one that could put a crimp in the way Canada’s online movie services compete with Netflix’s $7.9-billion-a-year business.
In February, Netflix announced it would launch a standalone video streaming service in the United States.
The service will feature content that has not been available to consumers through Netflix, including original shows and movies.
It will be offered through multiple channels including Netflix Canada, Netflix U.S. and Netflix Japan.