Netflix Starts PC Video Streaming Service
Wednesday, January 17th, 2007
Netflix released this statement,to announce the debut of their Video Streaming Service.
“We named our company Netflix in 1998 because we believed Internet-based movie rental represented the future, first as a means of improving service and selection, and then as a means of movie delivery,” said Reed Hastings, the company’s CEO. “While mainstream consumer adoption of online movie watching will take a number of years due to content and technology hurdles, the time is right for Netflix to take the first step.” (more…)
