Showing posts with label Netflix. Show all posts
Showing posts with label Netflix. Show all posts

May 2, 2014

Netflix Facts and Numbers

What is better with pizza than a movie? Netflix was founded in 1997 in Scotts Valley, California by Marc Randolph and Reed Hastings, who previously had worked together. Randolph was a co-founder of a computer mail order company and later was employed by Borland International as vice-president of marketing. Hastings, once a math teacher, had founded Pure Software, which he had recently sold for $700 million. Hastings invested $2.5 million in start up cash for Netflix.

The idea of Netflix came to Hastings when he was forced to pay $40 in overdue fines after returning a rented movie well past its due date.

The Netflix website was launched on August 29, 1997 with only 30 employees and 925 works available for rent and brought a more traditional, online pay-per-rental model (late fees applied). The company offers unlimited vacation time for salaried workers and allows employees to take any amount of their paychecks in stock options.

Netflix introduced the monthly subscription concept in September 1999, and then dropped the single-rental model in 2000. Since that time the company has built its reputation on the business model of flat-fee unlimited rentals without due dates, late fees, shipping and handling fees, or per title rental fees.

Netflix was offered to Blockbuster for $50 million in 2000, but Blockbuster declined.

In 2005, Netflix shipped 1 million DVDs every day.

In February 2007, the company delivered its billionth DVD and began to move away from its original core business model of mailing DVDs by introducing video-on-demand via the Internet.

By 2010, Netflix's streaming business had grown to 14 million subscribers and shifted from the fastest-growing customer of the United States Postal Service's first-class mail service to the largest source of Internet traffic in North America. In November of that year it began offering a standalone streaming service separate from DVD rentals. It launched internationally in 2011.

On January 26, 2012, the company announced it had 24.4 million US subscribers.

Disney and Marvel TV said they will provide Netflix with live action series, beginning in 2015, featuring Daredevil, Jessica Jones, Iron Fist, and Luke Cage, leading up to a miniseries about the Defenders.

Netflix signed an agreement in 2014 with a US Cable company to offer it as a channel on the TV lineup. Users can click on the channel, like any other channel, and have all the Netflix options.

Nov 22, 2011

Buying Technology

As we approach the buying season, here are a few tips to remember when buying technology. Memory (RAM) is more important than speed. Most do not use the full capacity of their computer, so getting more memory actually translates to more speed than chip speed.

Texting is more expensive than voice time, so watch your contract for cost of messages.

Buy the best components, and the cheapest cables, because all those claims about gold cables, ultra cables are almost meaningless.

When looking at cable plans, buy speed, not channels, because hundreds of those channels have nothing worth watching. Plus if cable internet is fast enough, you can watch more TV and videos on your PC for free. You can do like my brother and hook up your laptop to TV for Netflix movies. Wouldn't you like a 50 inch monitor to surf the net?

When it comes to TVs, remember that size really does matter. A larger screen is more enjoyable to watch than paying for faster refresh rate. Technology has come a long way and refresh rate is way less important than it used to be. Also, LED LCD is much better than LCD alone.

3D TV is an immature technology waiting for an audience, which will not likely happen until at least the next one or two generations. Save your money and wait.

Camera lenses are more important than the camera and most lenses can be re-used on next year's wizbang camera model.

Sep 25, 2009

Wizard of Oz

If you have access to the Internet you can see "The Wizard of Oz" for free next month. Netflix is making the free showings available for the 70th anniversary of the film throughout the US for 24 hours beginning at 9 a.m. EDT Oct. 3.

It will be available here or in High Def on your TV if you have the service. As the Wizard said, I have to "confer, converse, and otherwise hob-nob with my brother wizards".