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April 17, 2002
Come on Netflix! Hang in there...
DVD Rental Service Narrows First Quarter Loss. LOS GATOS, Calif. (AP) -- Online DVD rental service Netflix Inc. on Tuesday disclosed a sharp reduction in its first-quarter loss, a development that may stir more interest in the company's planned initial public offering of stock. By The Associated Press. [New York Times: Technology]
Now here is a subscription services that works. Everyone I've described it to saw it's value immediately, if not sooner. Sure the one drawback is that you don't get instant gratification of going to the rental store and wandering the isles for half an hour and finally going with some movie that you don't really want to see but it was a new release that was in stock so you felt obligated. It's that same feeling you get in downtown SF when you see an open parking space. It's so rare you feel that you have to take even though you don't need it.
Posted by pberry at April 17, 2002 01:56 PM