Netflix Inc., the online movie rental company, has opened up three more shipping centers. They are in Pittsburgh, PA, Baton Rouge, LA and Columbia, SC and will serve more than 5 million households in Pennsylvania, Louisiana, South Carolina and Mississippi.
Netflix, No. 30 on Internet Retailer's Top 300 Guide to Online Retailers, says it can now reach more than 85% of its customers with one business-day delivery. The opening of the three centers brings Netflix’s distribution centers to 29.
Netflix charges $21.99 a month for unlimited movie rentals on DVD, with customers allowed to have three movies out at any time. Five-year-old Netflx says it expects to have 5 million customers and $1 billion in revenue by 2006. It offers 25,000 DVD titles. "The convenience of overnight delivery is essential to our success," said Reed Hastings, Netflix CEO and co-founder.
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