Movies Instantly Streamed From Netflix to the TV Debut on the Xbox 360

Movies Instantly Streamed From Netflix to the TV Debut on the Xbox 360

More Than 12,000 Movies and TV Episodes are Available to Watch Instantly At No Additional Cost to Current Netflix and Xbox LIVE Gold Members

LOS GATOS, Calif., Nov. 18 /PRNewswire-FirstCall/ -- Netflix, Inc. (NASDAQ:NFLX), the world's largest online movie rental service, today announced that Netflix members can have thousands of movies and TV episodes instantly streamed to the TV via the Xbox 360 video game and entertainment system when the New Xbox Experience premieres nationwide tomorrow. Adding to a growing number of Netflix-ready devices, the Xbox 360 is the only game and entertainment console that lets users instantly watch movies and TV episodes streamed from Netflix to the TV. There is no additional monthly fee for Netflix members who are also Xbox LIVE Gold members.

Netflix members simply add movies and TV episodes from a growing library of more than 12,000 choices to their instant Queues at the Netflix Web site. Those choices are automatically displayed on the TV screen via the Xbox 360 and, once selected, will begin playing in as little as 30 seconds.

"This is an important and exciting moment for Netflix and Xbox," said Netflix Chief Marketing Officer Leslie Kilgore. "We believe the New Xbox Experience -- with thousands of choices available to be streamed instantly from Netflix as one of its key enhancements -- offers consumers a great at-home entertainment option and provides terrific value as a holiday gift idea."

Netflix also said it is taking the first step in instantly streaming movies and TV episodes in high definition with the introduction of approximately 300 HD choices that will play with standard definition audio via the Xbox 360. The company said it intends to increase the number of HD choices available and will eventually add multi-channel audio. Classic, adventure, musical, foreign and comedy movies now available to watch instantly in high definition include "La Vie en Rose," "Flawless" and "Heroes."

All Netflix members can rent from over 100,000 titles on DVD. They can instantly watch movies and TV episodes from a growing library of choices on their PCs and Intel-based Macintosh computers, as well as on their TVs via one of the Internet connected Netflix ready devices sold by Netflix partners.

About Netflix, Inc.

Netflix, Inc. is the world's largest online movie rental service, with more than eight million subscribers. For one low monthly price, Netflix members can get DVDs delivered to their homes and can instantly watch movies and TV episodes streamed to their TVs, PCs and Macs, all in unlimited amounts. Members can choose from over 100,000 DVD titles and a growing library of more than 12,000 choices that can be watched instantly. There are never any due dates or late fees. DVDs are delivered free to members by first class mail, with a postage-paid return envelope, from 55 distribution centers. More than 95 percent of Netflix members live in areas that generally receive shipments in one business day. Netflix is also partnering with leading consumer electronics companies to offer a range of devices that can instantly stream movies and TV episodes to members' TVs from Netflix. For more information, visit http://www.netflix.com/.

Source: Netflix, Inc.

CONTACT: Steve Swasey of Netflix, Inc., +1-408-540-3947,
sswasey@netflix.com

Web site: http://www.netflix.com/

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