AfterDawn: News

American movie rental company NetFlix announced on this week that it has now over one million subscribers.

Company had 857,000 subscribers at the end of 2002, so it has managed to gather 17 percent increase in less than two months.



NetFlix's idea is that subscribers pay a monthly fee and can rental unlimited amount of DVDs -- depending on their subscription level they can hold 1-3 DVDs at home. All rentals are delivered by mail and returned with pre-paid envelopes.

Source: Reuters / News.com

Written by: Petteri Pyyny @ 27 Feb 2003 14:52