Netflix Touts Vaporware Service, Again

(sub. req.): Netflix is touting its supposed launch of online movie download service, once again. Says it will be launched sometime in 2005…”We certainly believe we will be the leader,” says CEO Reed Hastings. “I think [downloading] can grow to be a $10 billion pillar of the industry.”

Hastings says the early rivals haven’t discouraged him. Netflix’s combination of DVD rentals delivered by mail and movie downloads over the Internet gives it a five-year advantage in the marketplace, he says.

Comments have been disabled for this post