SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Glenn D. Rudolph who wrote (28893)12/4/1998 11:15:00 AM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
Glen, now this one from the Bezos pr machine got my attention.
I'm planning on buying a Dvd in the next few weeks but unlike TomD I'm going to go to the Mall so I can touch and feel all the models.
The bad news for Bezos is I signed up with Dvd Express for Dvd disks.
Why you might ask? Dvd Express has been around for several years and are #1 in selection and offer the lowest price.
<SCOTTS VALLEY, Calif.--(ENTERTAINMENT WIRE)--Dec. 4, 1998--

NetFlix.com Strengthens its Focus on DVD Rentals and Encourages

Customers to buy DVDs at Amazon.com

NetFlix.com and Amazon.com Inc. (Nasdaq:AMZN) Friday announced a marketing relationship focused on making it even easier for online shoppers to rent or buy DVD movies.

Under the terms of the agreement, Netflix.com will direct its customers to Amazon.com for DVD purchases and Amazon.com will offer its customers specific promotions for DVD rentals at NetFlix.com.

The new online relationship will allow both partners to offer their respective customers even higher levels of service and authoritative selection through cross-promotions, special DVD offers and comprehensive access to virtually every DVD title a customer could want to rent or buy.

"NetFlix.com has chosen to concentrate all of our energies on our core rental customers, who have made NetFlix.com the world's largest online DVD rental store in seven short months," said Marc B. Randolph, president of NetFlix.com. "At the same time, Amazon.com's reputation for tremendous selection and first-class customer service makes them the ideal partner to handle the sales of DVD movies to our customers. In addition, Netflix.com looks forward to introducing millions of Amazon.com customers to our compelling DVD rental service through exclusive special offers and promotions."

"The launch of our new video store has vastly increased our DVD selection and content," said Ram Shriram, Amazon.com vice president of business development. "Working with NetFlix.com, we can extend our service to DVD customers one step further, through exclusive special offers from a fantastic partner that is solely dedicated to helping customers rent DVDs online."

The Amazon.com video store, launched on Nov. 17, 1998, offers more than 2,300 DVDs, all accompanied by Amazon.com's search features and unmatched editorial content, which allow shoppers to find exactly the video they want at sharply discounted prices, up to 30% off.

About NetFlix.com Inc.

NetFlix.com is the world's first and largest online DVD rental store. The NetFlix.com online store, located at www.netflix.com, carries virtually every DVD movie -- currently numbering more than 2,300 titles -- and rents them to owners of DVD video players and DVD-ROM equipped PCs. In addition to offering its customers the world's largest selection of DVD movies, NetFlix.com provides 7-day rentals, same-day-shipping to anywhere in the Untied States, easy-to-use search features, advance movie reservations, and multi-rental discounts. By focusing on online rentals, NetFlix.com is pioneering a new online retail model and e-commerce category. Founded in 1997, NetFlix.com has headquarters in Scotts Valley.

About Amazon.com Inc.

Amazon.com, the Internet's No. 1 book and No. 1 music retailer, opened is virtual doors on the World Wide Web in July 1995 and quickly became Earth's Biggest Bookstore (SM). Today, the Amazon.com store has expanded to offer more than 3 million books, music CDs, videos, DVDs, computer games, and other titles, plus secure credit card payment, personalized recommendations, and streamlined ordering through 1-Click (SM) technology.

Amazon.com operates two international bookstore Web sites: www.amazon.co.uk in the United Kingdom and www.amazon.de in Germany. Amazon.com also operates PlanetAll (www.planetall.com), a Web-based address book, calendar, and reminder service. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 150,000 movies and entertainment programs and 500,000 cast and crew members dating from the birth of film in 1892 to the present.

This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, the unpredictability of its future revenues, and risks associated with capacity constraints, management of growth, and new business opportunities.

More information about factors that potentially could affect Amazon.com's financial results is included in the company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended Dec. 31, 1997, and the quarterly report on Form 10-Q for the quarter ended Sept. 30, 1998.

CONTACT: