Netflix Announces Partnership With VIZIO to Instantly Stream Movies to New High Definition TVs

Netflix Announces Partnership With VIZIO to Instantly Stream Movies to New High Definition TVs

Second Direct-to-TV Partnership Announced Prior to 2009 Consumer Electronics Show

LAS VEGAS, Jan. 7 /PRNewswire-FirstCall/ -- Netflix Inc., (NASDAQ:NFLX) the world's largest online movie rental service, today announced a partnership with VIZIO, the American TV and consumer electronics company based in Irvine, Calif., that will enable consumers to instantly watch movies from Netflix directly on new VIZIO high definition televisions featuring VIZIO's new "Connected HDTV" Platform.

The announcement, on the eve of the 2009 Consumer Electronics Show (CES) taking place here, is the second in three days by Netflix regarding streaming movies directly to an Internet-connected TV without the need for a separate external device. On Monday, Netflix and LG Electronics jointly announced an extension of their year-long partnership to enable Netflix members to instantly watch movies directly on new LG plasma and LCD HDTVs.

VIZIO's "Connected HDTV" platform is designed to complement TV viewing. At a single touch of the VIZIO customized remote control, viewers can access movies from Netflix from an easy-to-navigate, on-screen display. With built-in wired and wireless networking, VIZIO televisions with the "Connected HDTV" platform will provide true plug-and-play connectivity right out of the box. VIZIO expects to ship the new TVs to retailers nationwide later this year.

Netflix members pay as little as $8.99 per month for unlimited instant streaming and unlimited DVDs from a catalog of more than 100,000 DVD titles in more than 200 genres.

"VIZIO is a visionary company that has quickly become a leading selling brand in North America," said Netflix Chief Executive Officer Reed Hastings. "We look forward to a strong and growing partnership with VIZIO to stream content from Netflix to their expanding line of Internet-connected HDTVs."

"Today's consumer demands more than just anytime, anywhere access to content. They also crave variety, especially when it comes to entertainment, and it needs to be just as convenient as changing the channel," said VIZIO Vice President Matthew McRae. "That's why we're so excited to be working with Netflix as one of our key content partners on VIZIO's 'Connected HDTV' Platform to deliver unprecedented choice, control and convenience for HDTV viewers."

About Netflix, Inc.

Netflix, Inc. is the world's largest online movie rental service, with more than eight million subscribers. For one low monthly price, Netflix members can get DVDs delivered to their homes and can instantly watch movies and TV episodes streamed to their TVs and PCs, all in unlimited amounts. Members can choose from over 100,000 DVD titles and a growing library of more than 12,000 choices that can be watched instantly. There are never any due dates or late fees. DVDs are delivered free to members by first class mail, with a postage-paid return envelope, from over 100 U.S. shipping points. More than 95 percent of Netflix members live in areas that generally receive shipments in one business day. Netflix is also partnering with leading consumer electronics companies to offer a range of devices that can instantly stream movies and TV episodes to members' TVs from Netflix. For more information, visit http://www.netflix.com/.

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Source: Netflix, Inc.

CONTACT: Steve Swasey of Netflix, Inc., +1-408-540-3947

Web site: http://www.netflix.com/

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Profile: International Entertainment