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Technology Stocks : C-Cube
CUBE 38.70+2.5%Jan 14 3:59 PM EST

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To: Peter V who wrote (32160)4/14/1998 3:20:00 PM
From: BillyG  Read Replies (2) of 50808
 
First online DVD rental site! These guys offer similar features to Divx, without having to buy a Divx DVD player. Rentals are $3-4 per disc, plus shipping. You may keep the rental for 7 days. After renting the movie, if you want to buy it, that's fine! Just pay and keep it. No Divx player needed. :-)
newsalert.com

<<NetFlix Inc. Tuesday announced the opening of the
world's first Internet store to offer DVD rentals.

The NetFlix store (http://www.netflix.com) carries virtually every DVD, all of which are available for rental or purchase. DVD
enthusiasts can now enjoy the convenience of online shopping at an Internet store with unparalleled DVD title selection and
availability.

"Most DVD owners are hard-pressed to find a convenient place that rents a wide selection of DVDs," said Marc B.
Randolph, NetFlix president and CEO. "With a huge selection of DVD movies, all of which are available for a seven-day
rental or for sale, NetFlix.com promises DVD fans the ultimate in DVD shopping."

DVD is the new Digital Video Disc format that features cinema-quality sound, high-resolution video and on-disc extras like
the director's cut of movies, foreign language dubbing, subtitles and interactivity. NetFlix, which currently carries more than
900 DVD titles, is committed to offering virtually every DVD movie available.

Furthermore, NetFlix has hundreds of copies of the most popular DVD titles, including New Releases, virtually guaranteeing
that NetFlix customers get the movie they want, when they want it.

NetFlix offers same-day shipping with customers receiving their DVDs in two to three days, anywhere in the United States. All
rentals can be kept for seven days. Once customers have enjoyed their DVD rentals, they simply put them in the
pre-addressed, pre-paid mailer that NetFlix provides and drop the mailer in the most convenient U.S. mailbox. >>

<<SNIP>>

<<NetFlix's seven-day in-home rental offers customers unsurpassed value with the first two movies available for $4 each and any
number of additional titles on the same order for just $3 each. Rental reservations are $5 per title. Delivery is available
anywhere in the United States.

Customers pay a nominal round-trip shipping and handling fee of $2 for the first DVD and $1 for each additional movie in the
same order, with a maximum shipping and handling charge of $5 per order. An overnight shipping option is available for an
extra charge.

Shoppers can conduct business with NetFlix with confidence since the "Secure Checkout" in the NetFlix store uses
sophisticated encryption techniques to ensure that customer information is protected 100 percent.

Like It? Keep It! Program

The unique "Like It? Keep It!" program provides an easy, economical and risk-free method for customers to build a home
DVD library. After renting and enjoying a DVD movie, customers may opt to keep the movie simply by notifying NetFlix by
email. NetFlix subtracts the previously billed rental fee from the purchase price and bills the customer's credit card for the
difference. >>
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