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Austria has similar laws, downloading for personal use is legal.

Regardless whether is legal or not (I guess not), I´m sure is fairly common in the US as well.

The strength of Netflix (and Spotify, Steam...) is that they offer a service that is more convenient, and offers more value, than just downloading the torrent, at least for a large number of users.

I hope they are successful in Europe as well, although the limited library will surely be a problem.

If you're torrenting you're likely uploading too…

Eh, just use put.io or something. I have yet to find a legal service that is as convenient (built-in conversion to other formats, streaming to Chromecast, subtitles etc.) and has as big of a selection. It's not like I'm not willing to pay (put.io costs money as well).