Netflix

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Netflix (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

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'Digital living room' getting closer

Technology / Hi Tech

created Mar 11, 2009 | popularity 3 / 5 (2) | comments 1

The digital living room is still under construction, but consumers can now get a glimpse of what it might look like.


Netflix movie streaming coming to PlayStation 3 (AP)

Netflix movie streaming coming to PlayStation 3

Electronics / Consumer & Gadgets

created Oct 26, 2009 | popularity 5 / 5 (1) | comments 0

(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.


Redbox's machines take on Netflix's red envelopes

Technology / Business

created Jun 20, 2009 | popularity 5 / 5 (1) | comments 1

(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 ups fees for Blu-ray amid rising demand

Electronics / Consumer & Gadgets

created Mar 30, 2009 | popularity 5 / 5 (1) | comments 0

(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.


Hitachi Blu-ray Hybrid Camcorder

CES 2009: Some Tweaks, Freaks and Slimming New Products

Electronics / Consumer & Gadgets

created Jan 08, 2009 | popularity 5 / 5 (1) | comments 1 weblog

(PhysOrg.com) -- The world-wide economic indigestion has slightly impacted CES 2009 newcomer company demonstrations and gawker attendance. So, far Formula One Sponsors, (the big Kahunas) like Microsoft, ASUS, ...


Netflix to run second film-suggestion tech contest

Technology / Other

created Aug 11, 2009 | popularity 3 / 5 (1) | comments 0

(AP) -- You might call it "Son of the Netflix Prize."


Group comes close to winning $1M Netflix prize

Technology / Computer Sciences

created Jun 29, 2009 | popularity 2 / 5 (1) | comments 0

(AP) -- A multinational group of researchers, scientists and engineers are close to winning a $1 million prize from Netflix.


Netflix awards $1M prize to improve movie picks

Technology / Business

created Sep 21, 2009 | popularity 1 / 5 (1) | comments 0

(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 ...