Netflix Offers Relief From Home Video Rental Late Charges

Free Trial Memberships to Netflix' Online DVD Rental Service Made Available To Plaintiffs of Class Action Suit Against Blockbuster June 13 /PRNewswire/ -- Netflix (www.netflix.com), the world's largest online DVD rental source with no due dates or late fees, is offering consumers who qualify to participate in one of the 23 class-action suits against Blockbuster over late fees, an opportunity to eliminate these fees altogether by trying a free, two-week Netflix trial membership of its rental service.

Blockbuster has agreed to settle the 23 class-action suits filed on behalf of disgruntled consumers in several states, who feel they have been unfairly charged as a result of the video chain's policy of assessing late fees equal to or exceeding the fee of the original rental period. The video chain's settlement offer provides customers with free rental coupons and payment of some attorney fees associated with filing the action. Late fees, however, will continue to be charged for extended viewing. In contrast, Netflix doesn't have due dates or late fees, offering customers a movie experience that is free from these worries.

To take part in the free DVD rental offer, simply visit the Netflix Web site at: http://www.netflix.com and enter the code 601 370 69. The free two-week trial is available to any Blockbuster customer who feels they have paid unwarranted late fees. The free trial offer expires July 31, 2001.

"People rent movies to relax and enjoy themselves and Netflix understands this," said Reed Hastings, Netflix CEO. "Movie renters don't want the stress associated with due dates and paying late fees. Since Netflix doesn't have late fees or due dates, movie lovers can simply watch the movies they want, when they want, and return them when they are ready for another movie."

About Netflix
Launched in 1998, Netflix is the largest online DVD rental site, with more than 300,000 subscribers and a comprehensive library of virtually every DVD published -- more than 10,000 DVD titles. Netflix lets subscribers rent as many DVDs as they like and keep each DVD for as long as they like for $19.95 per month. There are no due dates and no late fees. DVDs are delivered directly to the subscriber's address by first class mail. Based in Los Gatos, California, the privately held company provides the latest information on recent DVD releases, including critical reviews, member ratings and personalized movie recommendations. For more information on the company, visit www.netflix.com.

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SOURCE Netflix