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Netflix Is King on the Online Movie

Netflix Rolling Roadshow at the actual Field o...
Netflix Rolling Roadshow at the actual Field of Dreams site. Kevin Costner and his unnamed-band appeared live before the film. (Photo credit: Wikipedia)

Netflix Is King on the Online Movie

The Netflix Company was established in 1997 and is probably the most successful Dot Com venture to date. Following their IPO in 2002, they saw $6.5 million in profits from a revenue stream of $272 million in 2003. Since then, they have grown tremendously to today’s more then 10 million subscribers.

Netflix made renting DVDs, and now Blu-ray Discs, an online phenomenon. Consumers queue up for the upcoming releases of their favorite movies and either receive them by mail or over the Internet, as soon as they are released.

Another feature that has made Netflix such a hit is the online rating system, similar to Amazon.com’s, where users can rate and read each other’s reviews, as well as get suggestions for their next purchase.

Netflix has become the standard to copy, as Blockbuster, Hollywood Video and other brick and mortar video renters have all followed suit with online services of their own.

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Netflix Roku DVR

Watch Instantly With Netflix

Watch Instantly With Netflix

Netflix (NASDAQ: NFLX) was established in 1997 as a flat rate rent by mail order system for DVDs and now Blu-ray disks. It has grown enormously in popularity and service offerings since that time, and now offers online streaming of blockbuster selections in addition to mail order rentals.

taro taking his pictures for netflix 'ads' (se...
taro taking his pictures for netflix ‘ads’ (see more here: tar0shiba.tumblr.com/post/967950437/shibaadvertisements2 ) (Photo credit: Wikipedia)

To take advantage of the Netflix Watch Instantly service where no postman is required, you just need a computer hooked to the Internet and an updated web browser. But if you want to get fancy and watch things in slow motion or download the movie completely unattended, you need to purchase a Netflix enabled device like the Roku Digital Video Recorder (DVR).

A DVR is a device that you hook to your Internet line to store the downloaded movies from Netflix. The Roku DVR costs just $100. Check your newer high-end home entertainment systems, as most brands are now supporting Netflix downloads in the same way, with everything you need included.