Netflix and Samsung Partner to Instantly Stream Movies on Next Generation Blu-ray...

Netflix and Samsung Partner to Instantly Stream Movies on Next Generation
Blu-ray Disc Players
Samsung BD-P2500 and BD-P2550 Blu-ray Players Transformed into Gateways that
Give Consumers Access to More Than 12,000 Choices of Movies and TV Episodes
from Netflix

LOS GATOS, Calif. and RIDGEFIELD PARK, N.J., Oct. 23
/PRNewswire-FirstCall/ -- Netflix, Inc. (Nasdaq: NFLX), the world's largest
online movie rental service, and Samsung Electronics America, a market leader
and award-winning innovator in consumer electronics, today announced a broad
partnership to offer consumers the ability to instantly stream movies and TV
episodes from the Netflix Web site directly to their living rooms via
Samsung's BD-P2500 and BD-P2550 Blu-ray disc players. The companies also said
they are collaborating to enable Samsung to integrate instant streaming from
Netflix into a range of home entertainment products.
The BD-P2550 and BD-P2500 are currently available at $399.99. Consumers
who already own one of these Samsung players can upgrade their device at no
additional cost to enable instant streaming from a growing library of more
than 12,000 movies and television episodes from Netflix. The upgrade is
available at http://www.samsung.com/bluraysupport.
Instantly streaming movies and TV episodes from Netflix on the BD-P2550
and BD-P2500 is done through a wired broadband connection and a Netflix
Queue-based user interface. Netflix members visit the Netflix Web site to add
movies and TV episodes to their individual instant Queues. Those choices will
automatically be displayed on members' TVs and available to watch instantly
through the Samsung players. Once selected, movies will begin playing in as
little as 30 seconds. With the players' accompanying remote control, Netflix
members will be able to browse and make selections right on the TV screen and
also have the ability to read synopses and rate movies. In addition, they will
have the option of fast-forwarding and rewinding the video stream.
Samsung's Blu-ray players offer Full HD 1080p playback and feature the
award-winning HQV(TM) processing chip for the highest quality viewing of
Blu-ray discs and astounding upconversion of standard DVDs. The players also
provide a truly immersive HD home theater experience with capabilities to
decode high-resolution multi-channel digital audio soundtracks and 7.1-channel
analog audio outputs.
"Samsung has been at the forefront of innovation in consumer electronics
and has established a market leadership position in Blu-ray and digital
television," said Netflix Co-Founder and Chief Executive Officer Reed
Hastings. "We're excited about the upgraded Blu-ray disc players. Moreover, we
look forward to working with Samsung in the years to come to deliver a variety
of outstanding products on which consumers can watch movies delivered over the
Internet from Netflix."
"In its new form, Samsung Blu-ray players become the ultimate content
delivery box, combining on-demand access to movies and jaw-dropping Full HD
viewing," said Reid Sullivan, Vice President of Marketing, Audio/Video &
Imaging at Samsung Electronics America. "Samsung presents a new value
proposition for Blu-ray players by positioning it as a portal to a world of
engaging digital content, be it Blu-ray discs, movies from Netflix or other
online content."
About Netflix, Inc.
Netflix, Inc. (Nadsaq: NFLX) 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/.
About Samsung Electronics America, Inc.
Headquartered in Ridgefield Park, NJ, Samsung Electronics America, Inc.
(SEA), a wholly owned subsidiary of Samsung Electronics Co., Ltd., markets a
broad range of award-winning, digital consumer electronics and home appliance
products, including HDTVs, home theater systems, MP3 players, digital imaging
products, refrigerators and washing machines. A recognized innovation leader
in consumer electronics design and technology, Samsung is the HDTV market
leader in the U.S. Please visit http://www.samsung.com for more information.
SOURCE Netflix, Inc.

Steve Swasey of Netflix, +1-408-540-3947, sswasey@netflix.com; or Dan
Lantowski of MWW Group, +1-212-827-3748, dlantowski@mww.com, for Samsung