Netflix Won't Put Entertainment Streaming Service On Connected Device Box

Netflix announced it won't be releasing an additional connected device for movie and television streaming during the Re/code technology conference Thursday.

"We're working over 1,000 devices now. There's no value-add for us to do a device," CEO Reed Hastings said, according to Advanced Television.

Hastings' statement dispelled rumors that the company would launch a connected box using its Internet entertainment streaming service. This leaves Amazon's Prime Video as the sole service with a connected device.

The service launched May 21, provides consumers access to HBO shows including "The Sopranos," "Six Feet Under," "The Wire," "Big Love," "Deadwood," and "Eastbound & Bound," according to a company press release "Family Tree, Enlightened," "Treme," "Boardwalk Empire" and "True Blood," are also included.

Hastings also hit on the net neutrality issue, stating that Comcast's acquisition of Time Warner Cable could hurt efforts to save the Internet from controlled fees. Comcast would be able to charge Netflix and other service administrators more money, due to fewer companies in the high-speed Internet market.

"If [they] charge a little bit now, they'll charge more and more and more," Hastings said. "They want the whole Internet to pay them for when their subscribers use the Internet. Netflix is forced to pay Comcast because the deal was better than the prior state; we felt we had to."

According to Business Insider, Netflix announced Jan. 1, it would add 26 flicks to its 2014 movie collection. These include "American Psycho," "Good Burger," "Raging Bull," "Thelma and Louise" and "West Side Story."

Others were: "What's Eating Gilbert Grape" and "Big Trouble in Little China."

Netflix consumers also receive a monthly subscription plan for $6.99 - one dollar less than the company's regular $7.99 plan.

Customers can view shows in high definition or standard form using the discounted service.

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Netflix, Amazon Prime Video
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