Tuesday, May 20, 2008

Tech Trader Daily - Barron’s Online : Netflix Unveils Streaming Video Device; Lehman Upgrades

"Netflix (NFLX) today unveiled a new set-top box to be produced by privately held Roku Inc. that will allow subscribers to stream an unlimited number of movies and television shows directly to televisions. The device costs $99. The video content is free to anyone with a Netflix subscription of $8.99 a month or more. Most of the video content will consist of older material, rather than new releases."

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