Netflix increases subscribers, but no profit for year |
The online DVD rental market is growing. However, despite Netflix increasing subscribers from 1.9 million a year ago to over 3 million subscribers, the company says it will lose money for the year. 
[from Motley Fool] Netflix CEO Reed Hastings talks about the DVD delivery business.
Mr. Hastings says that they are in it for the long haul. I wonder what will become of this market when Video On Demand is more widespread?
Did this post make you go hmm?



