'TECHNICAL ISSUES' DELAY NETFLIX

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	NETFLIX MOVIES TO DEBUT ON XBOX Jul 15 2008
	The 510.3 million owners of Microsoft's Xbox 360 video game player will be able to (more)
	TIME INC. TO LAUNCH 'NETFLIX FOR MAGAZINES' Jun 30 2008
	Time Inc.'s Maghound plans to borrow a page from Netflix's video-rental service and apply it (more)
	NETFLIX SELLS OUT OF NEW SETTOP BOXES Jun 11 2008
	Just three weeks after it began offering a $99 settop box that can stream movies (more)

'TECHNICAL ISSUES' DELAY NETFLIX
Friday, August 15 2008

Since Monday, NetFlix has been unable to ship millions of movies to its subscribers, the company acknowledged Thursday, blaming the problem on "severe technical issues" but declining to describe the issue any further. Today's (Friday) Los Angeles Times said that the problem came to light on Monday and resulted in all shipments being halted on Tuesday. On Wednesday it was only able to send out about half the discs subscribers had requested. On Thursday all shipments were halted again in the morning, then resumed in the afternoon. According to the Times the disks went out to about 2.8 million subscribers, about a third of the company's total number. A company spokesman said that it hoped to have service restored by today. In a message posted on its website, NetFlix apologized and informed subscribers that they would be receiving credits.

NETFLIX SUCCESSFULLY BATTLES RECESSION
Monday, July 28 2008
Netflix appears to be thriving despite of the current recession -- or possibly because of it. The online video renter saw its subscriber rate rise 25 percent from its year-ago rate growth. Some analysts attributed the growth to people looking for less expensive entertainment as the current recession grips the country. Other analysts suggested that Netflix may have been helped by the introduction of a streaming service in May that allows users to view movies (more)

NETFLIX TO SHUTTER INDIE INVESTMENT UNIT
Wednesday, July 23 2008
Netflix is shutting down its Red Envelope Entertainment unit -- a two-year-old operation that invested in more than 100 independent films. The company said it was doing so because it competed against the studios that it relies on for its main movie-rental business. Netflix spokesman Steve Swasey said that the unit had been "very successful." Among the films that bear the Netflix logo are the recently released documentary Trumbo, the anti-war documentary No End in (more)