Netflix Adds About 300 Indie Films For On-Demand Streaming

Monday, February 1st, 2010

Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

Indie film lovers, rejoice: Netflix this morning announced that it has secured deals with multiple distributors of independent films, giving users the opportunity to stream some 300 additional titles on-demand instantly – or in some cases starting ‘early next year’.

In last week’s earnings release, the company revealed that almost half its subscribers now watch streams online, which translates to some 6 million people. For $8.99 a month, Netflix members can instantly watch movies and TV episodes streamed to their TVs and computers via Netflix-ready devices.

Capable devices include Microsoft’s Xbox 360 and Sony’s PS3 game consoles, Blu-ray disc players from Samsung and LG, Roku’s digital video player and TiVo’s digital video recorders, among others.

Netflix is constantly expanding its content line-up, and has now signed non-exclusive licensing agreements to stream films from distributors The Criterion Collection, Gravitas Ventures, Kino Lorber, Music Box Films, Oscilloscope Laboratories and Regent Releasing.

Company: Netflix
Website: netflix.com
Launch Date: 1997
IPO: NASDAQ:NFLX

With more than 23.3 million members in the United States and Canada, Netflix, Inc. is the world’s leading Internet subscription service for enjoying movies and TV shows. For $7.99 a month, Netflix members in the U.S. can instantly watch unlimited movies and TV episodes streaming right to their TVs and computers and can receive unlimited DVDs delivered quickly to their homes. In Canada, streaming unlimited movies and TV shows from Netflix is available for $7.99 a month. There are...

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