Netflix, Inc.

Los Gatos, CA United States

  (NASDAQ: NFLX)

Company Description

Tapping technologies from multiple eras, Netflix steers couch potatoes away from the video store to the mailbox or PC. Its Netflix.com website offers DVD rentals to more than 20 million subscribers for a monthly fee. Movies are delivered via the US Postal Service from distribution centers located in major US cities or streamed to PCs or TVs. Netflix ships some 2 million discs daily in the US. It does not charge late fees or have due dates, and its service employs user ratings to predict preferences and make recommendations. An agreement with TiVo, which gives TiVo customers with certain DVR models access to a Netflix library of some 12,000 movies and TV shows, has spawned similar services with other devices.