The online DVD and streaming rental provider which keeps announcing Big Media deal after deal also announced today that it now has 20 million subscribers and expects to have perhaps as many as 23 million by the end of 2011′s first quarter. But the real news is that Netflix blew past Wall Street’s forecasts with its 2010′s fourth-quarter profits jumping 52% with earnings of $47M (compared to $31M a year ago). Revenue rose 34% to $596M.
Editor-in-Chief Nikki Finke - tip her here.


so what about all those people who said the pay window deal with relativity was nothing? dish of crow?
wooohooo! Go Netflix
I have been a happy Netflix subscriber since 2003 and have only had TWO problems with them over a 7 year period of time. Once they sent me a cracked DVD and another time they did not receive a DVD I shipped. Both instances were immediately rectified. Netflix is convenient and now with their vastly improved InstantWatch service, I am as addicted as ever. Way to go Netflix! Studios should take a page from Netflix’s model of a company that works FOR instead of AGAINST its consumer.
In a perfect* world actors would share in a tiny, tiny part of that revenue. *=intelligent
First of all, why actors and not directors, writers etc.? Weird. And, of course, they already do: They get money from the VOD and DVD sales.
Pretty good metrics for the Albanian Army, eh?
Remember — resist change big media companies. It just causes you to fail faster.
Great, maybe now they can stop charging extra to rent blu-rays.
More plans for less services, and higher charges would make any business spike.
Blu-ray and DVD will soon be a thing of the past. Why the studios fail to think of the consumer first is beyond me. You can’t force customers to buy something that they don’t want and what people seem to want is Netflix.
Congratulations to Netflix for “getting it.”
People always complain. The few dollars extra for blu-ray is still the best deal in town. I’ve been a satisfied customer for as long as I can remember and the steaming explosion is a complete treat. I’m very happy Netflix has weathered the Blockbuster storm and emerged stronger than ever.
Pay the few extra dollars and let the company continue to provide excellent service increase the steaming titles.