/ E-Retailers

Netflix’s customer base grows 84% in a year

Ahead of its revenue report, which is due next week, online movie rental company Netflix Inc. reported today that its subscriber base at the end of the first quarter grew 84% to 1.93 million from 1.05 million a year ago.

Posted 04/01/2004Kurt PetersPost a comment

/ E-Retailers

Netflix reports 79% year-to-year rise in number of subscribers

Netflix.com, which offers online DVD rentals, says its number of subscribers reached nearly 1.3 million in the third quarter, up 79% from a year ago. This week it launched a Cleveland distribution center to expand next-day delivery service.

Posted 10/03/2003Kurt PetersPost a comment

Netflix’s online movie subscriber base hits 1 million

Netflix, the online movie rental service, has surpassed one million subscribers, the company reported today. Netflix says it has nearly doubled its subscriber base each year since shifting to a subscription model in 1999.

Posted 02/27/2003Kurt PetersPost a comment

A pre-emptive price cut in a hot market

Netflix cut its monthly subscription price for an unlimited number of DVDs with up to three out at any time to $17.99 from $21.99. It described its slide as a pre-emptive strike against competition—including expected competition from Amazon.

Posted 10/28/2004Internet RetailerPost a comment

Now playing: Netflix shows how to be new-age web entrepreneur

With controlled growth, a deliberate marketing plan and a nationwide build-out of distribution centers, Netflix shows what it takes to succeed in today’s e-market.

Posted 08/28/2003Internet RetailerPost a comment