Netflix Launches Lower Price Rent All the DVDs You Want For Just $17.99 a Month LOS GATOS, Calif., Nov. 1 /PRNewswire-FirstCall/ -- Netflix (NASDAQ: NFLX), the world's largest online movie rental service, launches a new low price. More than two million Netflix members can now rent as many DVDs as they want, and keep them as long as they want, with three movies out at a time for just $17.99 per month. There are no due dates, no late fees and no shipping charges. "Netflix is changing the way people rent movies," said Reed Hastings, founder and CEO of Netflix. "We've eliminated the hassle of due dates and the frustration of late fees that plague in-store movie rentals. By providing the convenience of fast and free delivery of movies combined with a personalized online experience, our members get the movies of their choice delivered to their doorstep without ever having to trudge to a video store or pay a late fee." Netflix currently has more than 25,000 movie titles for members to choose from with personalized movie recommendations as well as access to online trailers, member reviews, critic reviews and movie ratings. DVDs are delivered for free by first-class mail from regional shipping centers located throughout the United States. Netflix can reach more than 85 percent of its members with generally one-business day delivery. For more information about pricing options, please visit our website at http://www.netflix.com/. About Netflix Netflix is the world's largest online movie rental service, providing more than two million subscribers access to over 25,000 DVD titles. For $17.99 a month, Netflix subscribers rent as many DVDs as they want, and keep them as long as they want, with three movies out at a time. There are no due dates, no late fees and no shipping fees. DVDs are delivered for free by first-class mail from regional shipping centers located throughout the United States. Netflix can reach more than 85 percent of its subscribers with generally one business-day delivery. The company provides subscribers extensive information about DVD movies, including critic reviews, member reviews, online trailers, ratings, and personalized movie recommendations. For more information, visit http://www.netflix.com/. DATASOURCE: Netflix CONTACT: Catherine England of Netflix, +1-408-317-3779, or Web site: http://www.netflix.com/

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