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Netflix to Award $1 Million Developer Prize; Debut New Contest

Authored by Mark Hefflinger on September 1, 2009 - 10:04am.
New York - Online DVD rental service Netflix (NASD: NFLX) intends later this month to award a $1 million prize to the engineering team who won its contest to improve the company's movie recommendations engine by 10%, and also announced plans for a second $1 million challenge.

It's unknown yet which of the two teams who claim to have reached the goal -- of the more than 40,000 teams that participated in the three-year-old contest -- will claim the prize at an event in New York City on Sept. 21.

At the event, the company said it will also announce details of its Netflix Prize 2 contest.

 

Related Links:
http://www.netflix.com

http://snipurl.com/rj0yv (DMW previous coverage)

Published in DMW Daily, September 1, 2009
tags: Movies | Netflix | Recommendations | Netflix Prize |



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