2009: Netflix defies recession

[email protected] Few companies can claim to be recession-proof, but Netflix may be one of them. The economy has been slumping for more than a year, and most businesses are suffering. But Los Gatos-based Netflix has enjoyed steadily rising sales, earnings and subscribers. The company is benefitting from consumers’ desire for cheap entertainment, which has been…

Business, Netflix, Technology

2008: Netflix unveils its first Internet-to-TV device

Preparing for the eventual extinction of its DVD-by-mail rental service, Netflix on Tuesday introduced its first solution for subscribers who want entertainment delivered directly to their television sets with just a few clicks on a remote control. The breakthrough comes in the form of a 5-by-5-inch device tailored for a year-old service that uses high-speed…

Business, Netflix, Technology

2007: Can Blockbuster be KO’d by Netflix?

  Netflix founder Reed Hastings gives the impression of a happy warrior. When he sat down with the Mercury News this week, the 46-year-old chief executive talked about the “excitement” of battling Blockbuster in the online DVD rental business and the “amazing” future for Web-based video that, far down the road, could supplant the 1…

Business, Netflix, Technology

2007: Mail too slow? Netflix to roll out online video

Netflix, the Los Gatos DVDs-by-mail company, will offer a sneak preview beginning today of its new online service that lets viewers access and watch select movies and TV episodes through the Internet. The trial “Watch Now” program, to run through June, will be offered for no extra charge to a small number of the company’s…

Business, Netflix, Technology