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Get over 17,000 movies & TV episodes streamed instantly to your PC or TV.... * Simply click Play buttons to watch on your PC. * Get a Netflix ready device to watch on your TV. Learn more * Movies start in as little as 30 seconds.

Watch as much as you want watching instantly is included in your membership. You still get all your DVDs by mail, but now you'll also get movies & TV episodes streamed instantly to your TV.

Setting up is easier than you think.... 1. Connect Your Device... First, connect your Netflix ready device to the Internet via an Ethernet cable or Wi-Fi (if available). Then plug it into your TV. 2. Add movies to your instant Queue.... Browse the separate, smaller library under the Watch Instantly tab. Then add movies & TV episodes to your instant Queue. 3. Start watching.... Now you're ready to select movies on your TV and watch instantly. There are no ads or trailers, and you can pause, rewind and fast-forward all you like.

LG Announces First Blu-ray Disc Player With Capability to Instantly Stream Movies From Netflix to the TV
LG BD300 Network Blu-ray Disc Player to be Unveiled Tonight
NEW YORK, July 31 /PRNewswire-FirstCall/ -- Building on a groundbreaking technology partnership announced earlier this year, LG Electronics and Netflix, Inc. (NASDAQ: NFLX) today announced plans for the first Blu-ray disc player that will have the added benefit of being able to instantly stream a growing library of movies and TV episodes from Netflix directly to the TV.
Available this fall, the LG BD300 Network Blu-ray Disc Player will play high definition Blu-ray discs, up-convert standard DVDs to 1080p and allow Netflix subscribers to instantly stream more than 12,000 choices of movies and TV episodes from Netflix to the TV for no additional charge.
LG Electronics and Netflix will demonstrate the BD300 Network Blu-ray Disc Player for the first time tonight at LG's 2008 Summer Line Show at Morgan Library and Museum in New York City. (The event is open to invited media only.)
Instantly streaming content from Netflix to the TV via the LG BD300 Network Blu-ray Disc Player will rely on a wired broadband connection and Queue-based user interface. Netflix members will use the Netflix Web site to add movies and TV episodes to their individual instant Queues. Those choices will automatically be displayed on members' TVs and available to watch instantly through the LG player. Once selected, movies will begin playing in as little as 30 seconds. With the BD300's accompanying remote control, Netflix members will be able to browse and make selections right on the TV screen and also have the ability to read synopses and rate movies. In addition, they will have the option of fast-forwarding and rewinding the video stream.
"As Blu-ray player sales are expected to triple in three years, consumers are craving content and seeking a premium home entertainment experience," said LG Electronics USA President Teddy Hwang. "The BD300 is another LG industry first and provides consumers with an advanced high-def disc player with unparalleled flexibility and networked access for services such as Netflix."
Consumers craving more content will appreciate the BD Live feature, which provides real-time interactivity for movie enthusiasts seeking extras, new previews or special content while BonusView provides picture-in-picture access to Blu-ray disc special features. To further personalize and simplify the home theater experience, the BD300 includes LG's SimpLink™ technology, which allows users to control similarly equipped LG TV and AV products via convenient on-screen menus or directly from the product itself.
In January, prior to the 2008 International CES®, LG Electronics and Netflix announced their technology partnership to provide a set-top box for consumers to stream movies and TV episodes from the Internet to the TV beginning in the second half of the year.
"LG Electronics is establishing itself as the innovation leader in consumer electronics, combining the best of broadband and Blu-ray connectivity," said Netflix Co-Founder, Chairman and CEO Reed Hastings. "LG Electronics was the first of our technology partners to publicly embrace our strategy for getting the Internet to the TV, and is the first to introduce a Blu-ray player that will instantly stream movies and TV episodes from Netflix to the TV."
About LG Electronics USA
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a global force and technology leader in home appliances, consumer electronics and mobile communications. In the United States, LG Electronics sells a wide range of stylish, innovative digital appliances, consumer electronics (digital display and digital media) products and mobile phones under LG's "Life's Good" marketing theme. For more information, please visit http://www.lgusa.com/.
About Netflix, Inc.
Netflix, Inc. (Nadsaq: NFLX) is the world's largest online movie rental service, with more than eight million subscribers. For one low monthly price, Netflix members can get DVDs delivered to their homes and can instantly watch movies and TV episodes streamed to their TVs and PCs, all in unlimited amounts. Members can choose from over 100,000 DVD titles and a growing library of more than 12,000 choices that can be watched instantly. There are never any due dates or late fees. DVDs are delivered free to members by first class mail, with a postage-paid return envelope, from over 100 U.S. shipping points. More than 95 percent of Netflix members live in areas that generally receive shipments in one business day. Netflix is also partnering with leading consumer electronics companies to offer a range of devices that can instantly stream movies and TV episodes to members' TVs from Netflix. For more information, visit http://www.netflix.com/.
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SOURCE: Netflix, Inc.

Band From TV to Headline 'Netflix LIVE! On Location' Concert and Screening Series Aug. 9 in L.A.
Band Members James Denton, Greg Grunberg, Jesse Spencer and Bob Guiney Take Center Stage With Special Guests Teri Hatcher, Hayden Panettiere, Kristen Bell and Adrian Pasdar at the Autry Center
LOS GATOS, Calif., July 29 /PRNewswire/ -- Band From TV, a spirited rock-and-roll group comprised of performers from some of television's most popular shows, will take center stage and be joined by stars Teri Hatcher, Hayden Panettiere, Kristen Bell and Adrian Pasdar on August 9 as part of the Netflix LIVE! On Location (http://www.netflix.com/liveonlocation) outdoor concert and screening series. In their largest public performance ever, the band will perform at the free, family-oriented event, which will take place on the grounds of the Autry National Center in Los Angeles and include a screening of classic television programs from the extensive library of TV content offered by Netflix.
Netflix LIVE! On Location is a concert and screening series, staged in famous outdoor locations, that features many of today's most popular stars live on stage with their bands and then on screen in their most enduring roles.
Following past concerts and screenings with Kevin Costner ("Field of Dreams," Dyersville, Iowa), Bruce Willis ("Armageddon," Kennedy Space Center, Fla.), Kevin Bacon ("Diner," Baltimore) and Dennis Quaid ("The Big Easy," New Orleans), this summer's performance by Band From TV brings a special twist to the series by pairing some of today's most popular TV stars with a screening of some of the most memorable television programs of all time, including "Mary Tyler Moore," "The Bob Newhart Show," "The Cosby Show" and "The Muppets Show."
Band From TV features guitarist James Denton ("Desperate Housewives"), drummer Greg Grunberg ("Heroes"), rock violinist Jesse Spencer ("House M.D.") and vocalist Bob Guiney ("The Bachelor" and TLC's "Date My House"). Ms. Hatcher ("Desperate Housewives") will sing with the band while Ms. Panettiere ("Heroes") will introduce the group and join the players on stage along with Ms. Bell ("Veronica Mars" and "Heroes") and Mr. Pasdar ("Heroes").
Mr. Guiney will pull double duty as a performer and host of the event. In lieu of a band performance fee, Netflix is making a contribution to a variety of charities supported by Band From TV.
"For a lot of us TV is a career, and we love it. However, being able to be on stage and play music is a dream come true," said James Denton, band member and star of Desperate Housewives. "We are thrilled to bring our two worlds together and share it with so many people for such good causes."
"We are excited to expand our Netflix LIVE! On Location platform to include a band that embodies the freshness and creativity of TV today," said Leslie Kilgore, chief marketing officer for Netflix. "Television content is a significant part of the choices we offer at Netflix, so showcasing Band From TV as part of our signature summer series is the perfect way to pay tribute to this important genre while bringing the public entertainment they'll love."
The event will kick-off at 7:00 p.m. with a live performance by Band From TV, followed by a special two-hour screening of a series of classic television programs starting at 8:00 p.m. local time.
About Netflix, Inc.
Netflix, Inc. (NASDAQ: NFLX) is the world's largest online movie rental service, with more than eight million subscribers. For one low monthly price, Netflix members can get DVDs delivered to their homes and can instantly watch movies and TV episodes streamed to their TVs and PCs, all in unlimited amounts. Members can choose from over 100,000 DVD titles and a growing library of more than 12,000 choices that can be watched instantly. There are never any due dates or late fees. DVDs are delivered free to members by first class mail, with a postage-paid return envelope, from over 50 U.S. shipping centers. More than 95 percent of Netflix members live in areas that generally receive shipments in one business day. Netflix is also partnering with leading consumer electronics companies to offer a range of devices that can instantly stream movies and TV episodes to members' TVs from Netflix. For more information, visit http://www.netflix.com/.
Footage of Band From TV will be available via satellite feed Tuesday, July 29th at 6:30 AM ET - 6:45 AM ET and 9:30 AM ET - 9:45 AM ET at the following coordinates: Galaxy 28 Transponder 12 C-band Analog Downlink Frequency: 3940 H
SOURCE: Netflix, Inc.

Subscribers - 8.4 million
Revenue - $337.6 million
GAAP Net Income - $26.6 million
GAAP EPS - $0.42 per diluted share
LOS GATOS, Calif., July 25 /PRNewswire-FirstCall/ -- Netflix, Inc. (NASDAQ: NFLX) today reported results for the second quarter ended June 30, 2008.
"We are pleased to announce another quarter of strong financial results," said Reed Hastings, Netflix co-founder and chief executive officer.
"This quarter we delivered 25 percent year-over-year growth in subscribers, our lowest SAC ever as a public company, and a 14 percent increase in EPS for the quarter. And we made important progress on our strategy of offering our subscribers the option of streaming video directly to their TVs with the introduction of The Netflix Player by Roku™ in May and the announcement earlier this month of our agreement with Microsoft to embed Netflix streaming capability in the Xbox 360 video game and entertainment system."

Second-Quarter 2008 Financial Highlights

Subscribers. Netflix ended the second quarter of 2008 with approximately 8,411,000 total subscribers, representing 25 percent year-over-year growth from 6,742,000 total subscribers at the end of the second quarter of 2007 and 2 percent sequential growth from 8,243,000 subscribers at the end of the first quarter of 2008.

Net subscriber change in the quarter was an increase of 168,000, compared to a decrease of 55,000 for the same period of 2007 and an increase of 764,000 for the first quarter of 2008.

Gross subscriber additions for the quarter totaled 1,384,000, representing 35 percent year-over-year growth from 1,028,000 gross subscriber additions in the second quarter of 2007 and 26 percent quarter-over-quarter decline from 1,862,000 gross subscriber additions in the first quarter of 2008.

Of the 8,411,000 total subscribers at quarter end, 98 percent, or 8,235,000 were paid subscribers. The other 2 percent, or 176,000, were free subscribers. Paid subscribers represented 98 percent of total subscribers at the end of the second quarter of 2007 and at the end of the first quarter of 2008.

Revenue for the second quarter of 2008 was $337.6 million, representing 11 percent year-over-year growth from $303.7 million for the second quarter of 2007, and 4 percent sequential increase from $326.2 million for the first quarter of 2008.

Gross margin (1) for the second quarter of 2008 was 31.8 percent, compared to 35.2 percent for the second quarter of 2007 and 31.7 percent for the first quarter of 2008.

GAAP net income for the second quarter of 2008 was $26.6 million, or $0.42 per diluted share, compared to GAAP net income of $25.6 million, or $0.37 per diluted share, for the second quarter of 2007 and GAAP net income of $13.4 million, or $0.21 per diluted share, for the first quarter of 2008. GAAP net income grew 4 percent on a year-over-year basis and GAAP EPS grew 14 percent on a year-over-year basis.

Non-GAAP net income was $28.7 million, or $0.45 per diluted share, for the second quarter of 2008, compared to non-GAAP net income of $27.2 million, or $0.39 per diluted share, for the second quarter of 2007 and non-GAAP net income of $15.2 million, or $0.23 per diluted share, for the first quarter of 2008. Non-GAAP net income grew 5 percent on a year-over-year basis and non- GAAP EPS grew 15 percent on a year-over-year basis.

Non-GAAP net income equals net income on a GAAP basis before stock-based compensation expense, net of taxes.

Stock-based compensation for the second quarter of 2008 was $2.9 million, compared to $2.8 million in the second quarter of 2007 and $3.1 million in the first quarter of 2008. Stock-based compensation is presented in the same lines of the Consolidated Statements of Operations as cash compensation paid to the same individuals.

Subscriber acquisition cost(2) for the second quarter of 2008 was $28.95 per gross subscriber addition, compared to $44.02 for the same period of 2007 and $29.50 for the first quarter of 2008.

Churn(3) for the second quarter of 2008 was 4.2 percent, compared to 4.6 percent for the second quarter of 2007 and 3.9 percent for the first quarter of 2008. Churn includes free subscribers as well as paying subscribers who elect not to renew their monthly subscription service during the quarter.

Free cash flow(4) for the second quarter of 2008 was $12.5 million, compared to $6.5 million in the second quarter of 2007 and $4.7 million for the first quarter of 2008.

Cash provided by operating activities for the second quarter of 2008 was $77.9 million, compared to $65.1 million for the second quarter of 2007 and $77.7 million for the first quarter of 2008.

(1) Gross margin is defined as revenues less cost of subscription and
fulfillment expenses divided by revenues.
(2) Subscriber acquisition cost is defined as the total marketing expense,
which includes stock-based compensation for marketing personnel, on
the Company's Consolidated Statements of Operations divided by total
gross subscriber additions during the quarter.
(3) Churn is defined as customer cancellations in the quarter divided by
the sum of beginning subscribers and gross subscriber additions,
divided by three months.
(4) Free cash flow is defined as cash provided by operating activities
excluding the non-operational cash flows from purchases and sales of
short-term investments, cash flows from investment in business and
cash flows from financing activities.

Business Outlook
The Company's performance expectations for the third and fourth quarters of 2008 and full-year 2008 are as follows:
Third-Quarter 2008
-- Ending subscribers of 8.675 million to 8.875 million
-- Revenue of $343 million to $348 million
-- GAAP net income of $16 million to $21 million
-- GAAP EPS of $0.26 to $0.34 per diluted share
Fourth-Quarter 2008
-- Ending subscribers of 9.1 million to 9.7 million
-- Revenue of $357 million to $367 million
-- GAAP net income of $18 million to $23 million
-- GAAP EPS of $0.29 to $0.37 per diluted share
Full-Year 2008
-- Ending subscribers of 9.1 million to 9.7 million, unchanged from prior
guidance
-- Revenue of $1.364 billion to $1.379 billion, tightened from $1.35
billion to $1.39 billion
-- GAAP net income of $75 million to $83 million, unchanged from prior
guidance
-- GAAP EPS of $1.19 to $1.31 per diluted share, increased from $1.16 to
$1.29 per diluted shar

According to MSN Money:

Netflix: By-mail business to peak in five years
Posted May 29 2008, 02:38 PM by Kim Peterson
Filed under: Amazon, Blockbuster, Netflix

Netflix CEO Reed Hastings expects the DVD-by-mail business to peak in five years. That's the main reason the company is focusing on set-top boxes that stream video directly to the TV set. Investors tread carefully: Hastings' comments are more evidence that this is a company in the middle of a huge transition to a riskier, more competitive future.

One growing threat to the company comes from Redbox, which offers $1 DVD rentals at kiosks in grocery stores and other locations and is a popular choice with this blog's commenters. Redbox is majority-owned by Coinstar and plans to file for an IPO soon. Netflix would be smart to partner with Redbox, offering customers another way to get movies between DVD mailings.

More worrisome for Netflix are the video-on-demand services that cable and satellite providers are building. And tech companies like Amazon, Apple and Microsoft are bulking up their movie downloading and streaming options. In fact, Amazon said yesterday it will launch video streaming soon.

And don't forget the original Netflix rival: Blockbuster. The video rental giant is ramping up marketing for its Total Access plan, which combines by-mail and in-store movie rentals. The threat is enough that a Thomas Weisel analyst downgraded Netflix's stock today to "market weight" from "overweight" and reduced his price target to $35 from $40. Netflix shares fell on the downgrade, and at last check were down nearly 3% to $30.33.

According to Variety Magazine:

Netflix seals Red Envelope label
Vidtailer gets out of acquisitions, into streaming
By DIANE GARRETT

Netflix isn't the first vidtailer to discover how tricky the acquisitions biz can be. Around the same time Netflix was ramping up its now-shuttered Red Envelope shingle, Blockbuster was getting out of the biz.

Blockbuster launched DEJ Prods. in 1998, acquiring or co-financing a wide range of pics before selling the shingle to First Look Studios for $25 million in late 2005. Pics ranged from straight-up genre fare to Oscar-winning "Crash" at the tail end of its run; vidtailer touted the program as proof of its commitment to indie filmmaking.

Netflix's goals for Red Envelope were similar: Increasing its breadth as a way to distinguish its offerings and build customer loyalty. The chance to schmooze with filmmakers at Sundance was a bonus for staffers.

However, the Netco ran into its own stumbling blocks -- studios were uneasy about the fact it was competing against them -- and ultimately decided to fold the label last week. Red Envelope partnered on several well-reviewed offerings with limited theatrical release, but none of its films made a big splash: Its biggest releases include "Sherrybaby," "This Film Is Not Rated" and "4 Months, 3 Weeks and 2 Days."

Netco maintains that the label proved there was money in indie fare. But from now on it will be focusing its energies on streaming films rather than finding the latest undiscovered gem.