Netflix Announces Reed Hastings as Featured Speaker at Deutsche Bank Media Conference

Reed Hastings, CEO and co-founder of Netflix, will share his insights with investors and industry experts at the Deutsche Bank 12th Annual Media Conference in New York City. As the world's largest online movie rental service, Netflix has revolutionized the way people access and enjoy movies. With over two million subscribers and a vast library of 20,000 DVD titles, Netflix offers a unique and convenient entertainment experience.

Key Takeaways:

• Reed Hastings will be a featured speaker at the Deutsche Bank 12th Annual Media Conference on June 9, 2004, at 2:00 p.m., Eastern Time.
• The live web cast of the conference will be available on the investor relations page of Netflix's web site at http://ir.netflix.com/.
• Netflix provides over 20,000 DVD titles to its more than two million subscribers.
• The company offers a subscription service for $21.99 a month, with no due dates, late fees, or shipping fees.
• Netflix can deliver DVDs to over 80 percent of its subscribers within a generally next business-day timeframe.
• Subscribers can access extensive information about DVD movies, including critic reviews, member reviews, online trailers, and ratings, as well as personalized movie recommendations.
• The company uses regional shipping centers located throughout the United States to deliver DVDs for free by first-class mail.

Statistics:

• Netflix has more than two million subscribers.
• The company offers access to over 20,000 DVD titles.
• The monthly subscription fee is $21.99.
• Netflix can deliver DVDs to over 80 percent of its subscribers within one business day.
• The company uses regional shipping centers located throughout the United States to deliver DVDs.

Sources:

• Netflix Press Release, "Netflix to be Featured at Deutsche Bank 12th Annual Media Conference", June 8, 2004
• http://ir.netflix.com/, Investor Relations Page.