Netflix Appoints Bill Holmes to New Role of Chief Business Development Officer

LOS GATOS, Calif., June 14, 2012 /PRNewswire/ -- Netflix Inc. (NASDAQ: NFLX) announced today Bill Holmes is being promoted to a new role as Chief Business Development Officer of the world's leading Internet subscription service for enjoying movies and TV programs.

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Holmes, who joined Netflix in 2008, has been serving as Vice President – Business Development, in charge of global partnerships across the consumer electronics, gaming, operator, service provider and retail markets. Under his leadership, Netflix has partnered with many of the world's leading consumer electronics companies including Apple, LG, Microsoft, Nintendo, Samsung and Sony to create "Netflix Ready" devices for consumers to enjoy watching instantly a broad selection of great shows and movies whenever and however they want.

"Bill has helped make Netflix the killer app for the world's leading electronics companies," said Netflix Chief Executive Officer Reed Hastings. "In doing so, Netflix is now available on millions of devices and in over 25 million households in more than 50 countries."

Prior to Netflix, Holmes was Vice President Business Development & Strategy at DivX Inc., where he led the company's partnerships and joint marketing efforts with global consumer electronic brands and launched the successful "DivX Certified" program for digital TVs, smart phones, digital cameras and DVD players.  Holmes was previously Senior Director, Product development for Digital Entertainment Solutions, Hollywood, where he directed the company's digital media infrastructure, providing encoding, content management and networked media distribution for major entertainment studios. Holmes holds a BA in English from Trinity University.

About Netflix
With more than 25 million streaming members in the United States, Canada, Latin America, the United Kingdom and Ireland, Netflix, Inc. (NASDAQ: NFLX) is the world's leading internet subscription service for enjoying movies and TV programs. For about US$7.99 a month, Netflix members can instantly watch movies and TV programs streamed over the internet to PCs, Macs and TVs. Among the large and expanding base of devices streaming from Netflix are the Microsoft Xbox 360, Nintendo Wii and Sony PS3 consoles; an array of Blu-ray disc players, internet-connected TVs, home theatre systems, digital video recorders and internet video players; Apple iPhone, iPad and iPod touch, as well as Apple TV and Google TV. In all, more than 800 devices that stream from Netflix are available. For additional information, visit www.netflix.com. Follow Netflix on Facebook and Twitter.

SOURCE Netflix Inc.

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