Netflix opens streaming service to Macs - Top Stocks Blog - MSN Money
 
Search Top Stocks:

Netflix opens streaming service to Macs

Posted Oct 27 2008, 02:44 PM by Kim Peterson
Rating:
Filed under: , ,

Netflix is finally expanding its streaming-video service to work with Macs, which have been excluded from the offering since it started last year. Anyone with a PC could watch Netflix's vast collection of online movies, but Mac users paying the same subscription fees were not allowed in.

Now, a limited number of Intel-based Mac subscribers can access the online movies, with full availibility by the end of the year.

I doubt this will make much of an impact on Netflix's bottom line, although some people have said they held off subscribing for precisely this reason. Netflix may get a small bump in subscribers, but the additional online movie watching will also weigh on operational costs. Netflix cut its subscriber growth forecast twice this month, now saying it expects 8.85 million to 9.15 million adds next year. That's 100,000 fewer than it expected at the beginning of October.

It's ironic that Microsoft technology allowed Macs to get access. Subscribers will have to download the Firefox browser and Microsoft's Silverlight plug-in to get it to work (which are both free). Silverlight is Microsoft's attempt to compete with Adobe's Flash.

Netflix shares are down 3% today to $18.39.

Related reading:

Netflix: More customers for less money

Netflix videos coming to Xbox 360

Netflix: By-mail business to peak in five years

 

Comments

 

As a Mac user and Netflicks customer all I can say is... its about time!  This is a good development for netflicks as Mac's are gaining more and more steam.  www.generationyinvestor.com

I used to be employed with Comcast and they just imposed a bandwidth limit of 250gb/month on their residential customers. It was discussed in internal meetings that this can/will affect people who stream videos to their pc's/mac's and also people using voip phone service. (personally I think it is an attack on people who don't use their crummy CDV phone service). I don't download movies or stream videos myself but Im interested to see how many people this ridiculous move will affect. I also think streaming movies is a great idea... Most of us spend the day on the computer anyway.

Send a Comment

Comments must be directly related to the blog entry. Comments with offensive language will be deleted. Your e-mail address won't be displayed.

(please, no HTML tags. Web addresses will be hyperlinked):