Netflix will begin selling its “streamed TV” service to U.S. consumers on April 7.
The streaming TV service, which is available in Canada, the United Kingdom, Australia, New Zealand and Ireland, will be available for $5 a month, $10 a year and $15 a year after that, according to a press release.
The company said it will be able to offer its service in other countries later this year.
Netflix is also working on the U.K. service, but that is still in the early stages.
“Our goal is to reach as many consumers as possible in as many countries as possible.
That means the U, U.Y., and Canada will all get access to Netflix on the same day, but they will also get Netflix on their local device and on their device on demand,” Netflix said.
Netflix said that the UBS report showed that Netflix’s “streaming TV” will generate $50 million a year in revenue by 2021.
Netflix is one of several tech giants that are competing for the video streaming market with Apple, Amazon and Microsoft.
Apple, Microsoft and Amazon have all launched their own subscription streaming services.