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Netflix Tops 600,000 Subscribers

23 Apr, 2002 By: Hive News

Online DVD rental service Netflix has surpassed 600,000 subscribers and increased its DVD library to more than 11,500 titles, the company announced today.

“We are gratified to see that so many of the consumers who are changing the way they watch movies, opting for better graphics, superior sound and the extra features found on DVD, are also reevaluating the way they rent movies,'' said Reed Hastings, Netflix CEO and cofounder. “The convenience of ordering online, home delivery and the ability to watch as many movies as you want for one set fee is a major change from the way Americans have gotten used to renting movies over the past two decades."

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