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Netflix.com
Type: Public (NASDAQ: NFLX)
Founded in: 1997
Headquarters: Los Gatos, CA, USA
Area served: United States
Key Persons: Reed Hastings, founder and CEO
Barry McCarthy, CFO, secretary
Leslie J. Kilgore, CMO
Industrial: Electronic commerce
Products: Online DVD and Blu-ray rentals, proprietary Microsoft VC-1 video download
Income: U.S. $ 1.365 trillion U.S. dollars (2008)
Operating: U.S. $ 91.2 million (2007)
Net Income: U.S. $ 66.9 million (2007)
Employees: 2000 + (2008)
Website: Netflix.com
Netflix is an online DVD and Blu-ray Disc hire service, offering permanent rent-by-mail and online streaming to client in the United States. Recognized in 1997 and is headquartered in Los Gatos, California, has gathered a compilation of 100,000 titles and about 10 million subscribers. Netflix formerly claimed to use about 300 million U.S. dollars a year on postage. 25. February 2007 announced one billion somewhat Netflix DVD releases. The company has more than 55 million records, and the average ship 1.9 million DVDs to patrons every day. It peaked forecast results “Top 100 Online Retail approval Index with an American client approval Index score of 86, far above the industry average of 75.
The company gives a monthly set price service for hire of DVD and Blu-ray movies. A subscriber creates a prearranged list, called the rental queue of movies to rent. Subscriber can keep the rented film, as long as you desire, but there is a boundary to how many cinema that each subscriber can have on loan at the same time.
July 24, 2007, Netflix’s most accepted plan costs $ 16.99 (plus tax) per month, creating the U.S. a subscriber to hire three movies at once, with limitless exchanges. Other monthly plans range from U.S. $ 4.99 for one disc at a time and a maximum of two per Month. Last November 21, 2008, Netflix has obtained its subscribers access to Blu-ray discs for a supplementary charge, depending on your subscription package. The fee for this service rose 27 April 2009.
Technical system streams video in VC-1 format at lower or higher quality than that available on DVD-Video. Feature obtains to subscribers one hour media for about every dollar they spent on their subscriptions. A very useful aspect of the Watch is immediately that some films that are marked “not available” is sometimes still available on Watch Instantly. Similarly, some newer movies released some previously watch instantly than they are on DVD.
In June 2008, Netflix announced plans to eliminate its online subscriber profile feature to fall. Profiles can be a subscriber account to include more users with a separate DVD queues, reviews, recommendations, friend lists, reviews and intra-site message for each. Netflix claimed that the removal of the profiles would get better the client knowledge. Netflix distorted its choice to remove profiles eleven days after the notice.
Netflix is now partnering with electronics manufacturers to instantly stream movies directly to their devices. In May 2008 they released a set-top box to stream Netflix’s Watch Instantly movies. The device is manufactured by Roku and provides unlimited access to Netflix streaming media directory for customers with one-on-a-time unlimited plan and more.
official site: http://www.netflix.com/
Source : Time2news.com
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