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Netflix

Netflix, Inc. (Nasdaq: NFLX) is the world's largest online movie rental service, providing more than 8 million subscribers access to more than 100,000 DVD titles plus a growing library of more than 10,000 choices that can be watched instantly on their PCs. The company offers nine subscription plans, starting at only $4.99 per month. There are no due dates and no late fees – ever. All Netflix plans include both DVDs delivered to subscribers' homes and, for no additional fee, movies and TV series that can be started in as little as 30 seconds on subscribers' PCs. DVDs are delivered free to members by first class mail, with a postage-paid return envelope, from over 100 U.S. shipping points. Nearly 95 percent of Netflix subscribers live in areas that can be reached with generally one business day delivery. Netflix offers personalized movie recommendations and has two billion movie ratings.

 

 

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Q208 Earnings Preview: Netflix

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