Netflix has been around for a while and did not start as a web based company, but the principal is pretty much the same. Plus, they have now moved into their new promo of renting movies online and you can “watch them instantly” on your computer, iphone or ipad.
Originally, you would start a cheap monthly subscription for $7.99, similar to that of a magazine, and every month you would get a new movie in the mail after you sent your previous movies back. It has been putting movie rental stores out of business and also is a top competitor for Comcast On Demand rentals. Unlimited movies is just 2 dollars extra a month.
They have no late fees or due dates so they are making their money off of membership fees. I think they are in it to make money and not just pay the bills. Besides cable companies, there is no other online Movie Store that is a top competitor with Netflix that I can recall. Unless they are getting movies from Itunes or downloading them for free elsewhere.
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