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NETFLIX CAN'T GIVE AWAY $1 MILLION
Wednesday, November 14 2007
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Netflix, which many analysts say has been able to keep ahead of Blockbuster with a remarkable system for recommending movies to customers, has not been able to award the $1 million it promised to the first person or team who could come up with a suggestion system that was 10 percent more accurate than its own. But, it said Tuesday, it has awarded a $50,000 "progress prize" to an AT&T Labs group who improved the system by 8.43 percent. Netflix claimed that 27,000 contestants from more than 160 countries have participated in the competition so far. The company said that it will continue to award such prizes until the 10-percent goal is reached.
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HD DVD GETTING MORE LOOKS ON NETFLIX SITE THAN BLU-RAY
Friday, October 5 2007
Of
14
million
visitors
to
online
DVD
renter
Netflix's
website
each
month,
only
48,000
viewed
its
pages
devoted
to
releases
in
high-definition
HD
DVD
or
Blu-ray
discs,
according
to
Compete.com.
Examining
the
data,
the
website
High-Def
Disc
News
commented
Thursday,
"Curiously,
although
those
who
looked
at
Blu-ray
titles
outnumbered
those
looking
at
HD-DVD
by
a
factor
of
1.8
to
1,
among
those
who
set
an
hi-def
format
as
their
preferred
disc
format,
HD-DVD
was
chosen
(more)
BLOCKBUSTER HURTING IN WAR WITH NETFLIX
Tuesday, August 7 2007
Blockbuster
may
have
drawn
business
away
from
rival
Netflix
with
its
Total
Access
plan
that
allows
subscribers
to
rent
or
return
movies
at
either
its
stores
or
via
its
website,
but
the
plan,
according
to
Barron's
magazine,
is
"killing
its
bottom
line,"
resulting
in
a
loss
of
before-taxes
loss
of
$113
million
in
the
last
quarter.
Barrons
quoted
Blockbuster
CEO
Jim
Keyes
as
saying,
While
we
remain
committed
to
capturing
market
share
in
the
overall
(more)
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