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back to article Netflix raises $400m to steady its global expansion

Video rental firm Netflix, soon to be hitting the UK shores, has raised $400m in fresh capital from long-time investors to try to boost the firm after a tough few months. The US company has dropped nearly 75 per cent of its market value since July, when it announced an ill-fated plan to split its DVD and streaming services and …

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If they can offer SD and HD streaming, i.e. lovefilm quality, and then something approaching 4 or 5 Mbps at a reasonable resolution, then they will get my custom, and good bye LoveFilm.

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since I am not interested in streaming I will be staying with Lovefilm, Broadband in this country is too flaky for streaming

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