We've gotta hand it to Netflix. The company has just announced a pretty major milestone--there were over one billion hours of video content streamed from Netflix in the month of June. Netflix CEO Reed Hastings made the announcement on Facebook, stating that he expects that upcoming Netflix exclusives like House of Cards and Arrested Development season four will help "blow these records away."
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This morning Netflix announced that, due to overwhelming feedback from its members, the company would no longer move forward with plans to separate and spin off the DVD business. Instead, it will stay as it has always been, as one service that offers both DVD rentals by mail and instant streaming of content as well. The DVD and streaming plans will still be billed separately, and there's not yet any word on if Netflix will still move forward with the planned video game rentals that would have been part of Qwikster.
Netflix CEO Reed Hastings took the stage this morning at WWDC 2010 to announce that Netflix would officially be coming to the iPhone. The app will support continuing movies that you’ve started watching on other devices right where you left off, and will also include all of the Netflix home page functionality right in the app as well. Adaptive bitrate technology will optimize the data stream, even while on the go. Expect Netflix for iPhone to ship this summer.
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