Netflix
hideNetflix (NASDAQ: NFLX) is an online DVD and Blu-ray Disc rental service, offering flat rate rental-by-mail and online streaming to customers in the United States. Established in 1997 and headquartered in Los Gatos, California, it has amassed a collection of 100,000 titles and approximately 10 million subscribers. The company has more than 55 million discs and, on average, ships 1.9 million DVDs to customers each day. Netflix previously claimed to spend about $300 million a year on postage. On February 25, 2007, Netflix announced the billionth DVD delivery. Two years later, on April 2, 2009, the company announced that it had mailed its two billionth DVD, and awarded the recipient with a complimentary lifetime membership. It topped the ForeSee Results’ Top 100 Online Retail Satisfaction Index with an American Customer Satisfaction Index score of 86, well over the industry average of 75.
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News tagged with netflix
Clicker.com aims to become Internet video usher
Nov 12, 2009 |
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(AP) -- Web surfing is becoming more like channel surfing as television shows, movies and music videos pour onto the Internet.
Best Buy embraces digital delivery of home video
Nov 03, 2009 |
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(AP) -- Best Buy Co. is trying to nudge consumers away from its stores' DVD aisles by making it easier for them to rent and buy movies over high-speed Internet connections.
Netflix movie streaming coming to PlayStation 3
Electronics / Consumer & Gadgets
Oct 26, 2009 |
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(AP) -- PlayStation 3 owners will soon be able to stream movies and TV shows from Netflix to their TVs using the gaming console, just as Xbox 360 owners have been able to do for a year.
Netflix 3Q earnings rise 48 pct, but stock falls
Oct 22, 2009 |
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(AP) -- Netflix Inc. has been doing so well during the recession that it's getting tougher for the DVD-by-mail pioneer to live up to investors' lofty expectations.
Netflix awards $1M prize to improve movie picks
Sep 21, 2009 |
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(AP) -- Netflix Inc. declared a seven-member group of researchers, scientists and engineers from around the world as winners Monday of its three-year, $1 million contest to improve its movie recommendation system by at least ...
Off to see 'The Wizard' for free at Netflix Oct. 3
Sep 08, 2009 |
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(AP) -- Anyone with a computer and Internet connection can be off to see "The Wizard of Oz" for free next month, courtesy of Netflix Inc.'s movie-streaming service.
Roku Internet video box adds live baseball feed
Aug 13, 2009 |
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(AP) -- Roku says its pioneering Internet video set-top box is adding its first live feed, from Major League Baseball.
Netflix to run second film-suggestion tech contest
Aug 11, 2009 |
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(AP) -- You might call it "Son of the Netflix Prize."
Familiar script: Netflix 2Q tops expectations
Jul 23, 2009 |
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(AP) -- Netflix Inc.'s second-quarter profit shot past analyst expectations, following a familiar script as recession-weary consumers flocked to its DVD-by-mail and Internet streaming service.
Blockbuster to stream video rentals on Samsung TVs
Jul 14, 2009 |
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(AP) -- Having been a step behind in the race to pipe entertainment from the Internet to television screens, struggling video rental-chain Blockbuster Inc. is counting on a new partnership with Samsung Electronics America ...
Group comes close to winning $1M Netflix prize
Technology / Computer Sciences
Jun 29, 2009 |
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(AP) -- A multinational group of researchers, scientists and engineers are close to winning a $1 million prize from Netflix.
Redbox's machines take on Netflix's red envelopes
Jun 20, 2009 |
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(AP) -- With more subscribers than ever flocking to its DVD-by-mail service, Netflix Inc. is one of the few companies to prosper during the worst U.S. recession in 70 years. Yet Netflix CEO Reed Hastings still has something ...
Netflix 1Q profit, subscriber growth soars
Apr 23, 2009 |
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(AP) -- Netflix Inc. says its first-quarter profit soared as 920,000 new subscribers signed up for its DVD-by-mail rental service.
Netflix ups fees for Blu-ray amid rising demand
Electronics / Consumer & Gadgets
Mar 30, 2009 |
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(AP) -- Online DVD rental leader Netflix Inc. is raising its prices for Blu-ray discs in a change that will triple or quadruple the high-definition surcharge on Netflix's most popular subscription plans.
Netflix links online DVD service to Facebook
Mar 25, 2009 |
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Netflix has linked to Facebook, and Blockbuster is making films available on-demand to users of TiVo digital recorder devices as the US DVD rental giants continue an Internet-age duel.
