UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

(Rule 13d-102)

 

Information Statement Pursuant to Rules 13d-1 and 13d-2

Under the Securities Exchange Act of 1934
(Amendment No.    )*

 

 

Netflix, Inc.

 

(Name of Issuer)

 

 

Common Stock

 

(Title of Class of Securities)

 

 

64110L106

 

(CUSIP Number)

 

 

August 16, 2004

 

Date of Event Which Requires Filing of the Statement

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

o                          Rule 13d-1(b)

ý                          Rule 13d-1(c)

o                          Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

Page 1 of 23



 

CUSIP NO.  64110L106

13G

Page 2 of 23 Pages

 

 

 

1.

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

Citadel Limited Partnership

 

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

 

 

(a)

 

ý

 

 

 

 

 

 

 

 

 

(b)

 

o

 

 

3.

SEC USE ONLY

 

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

Illinois limited partnership

U.S.A.

 

 

 


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

5.

SOLE VOTING POWER

0

 

6.

SHARED VOTING POWER

681,524 shares of Common Stock

 

13,194 call options (exercisable into 1,319,400 shares of  Common Stock)

 

 

7.

SOLE DISPOSITIVE POWER

0

 

8.

SHARED DISPOSITIVE POWER

See Row 6 above.

 

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

See Row 6 above.

 

 

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES


CERTAIN SHARES*
                                                                                                                                                                                                                                                                                                                                                                                                                                                              o

 

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)


Approximately 3.8% as of the date of this filing (based on 52,151,951 shares of Common Stock issued and outstanding as of July 19, 2004).

 

 

12.

TYPE OF REPORTING PERSON*

PN; HC

 

Page 2 of 23



 

CUSIP NO.  64110L106

13G

Page 3 of 23 Pages

 

 

 

1.

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

GLB Partners, L.P.

 

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

 

 

(a)

 

ý

 

 

 

 

 

 

 

 

 

(b)

 

o

 

 

3.

SEC USE ONLY

 

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware limited partnership

U.S.A.

 

 

 


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

5.

SOLE VOTING POWER

0

 

6.

SHARED VOTING POWER


681,524 shares of Common Stock

 

13,194 call options (exercisable into 1,319,400 shares of  Common Stock)

 

 

7.

SOLE DISPOSITIVE POWER

0

 

8.

SHARED DISPOSITIVE POWER

See Row 6 above.

 

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

See Row 6 above.

 

 

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES


CERTAIN SHARES*
                                                                                                                                                                                                                                                                                                                                                                                                                                                              o

 

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)


Approximately 3.8% as of the date of this filing (based on 52,151,951 shares of Common Stock issued and outstanding as of July 19, 2004).

 

 

12.

TYPE OF REPORTING PERSON*

PN; HC

 

Page 3 of 23



 

CUSIP NO.  64110L106

13G

Page 4 of 23 Pages

 

 

 

1.

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Citadel Investment Group, L.L.C.

 

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

 

 

(a)

 

ý

 

 

 

 

 

 

 

 

 

(b)

 

o

 

 

3.

SEC USE ONLY

 

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware limited liability company

U.S.A.

 

 

 


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

5.

SOLE VOTING POWER

0

 

6.

SHARED VOTING POWER


681,524 shares of Common Stock

13,194 call options (exercisable into 1,319,400 shares of  Common Stock)

 

7.

SOLE DISPOSITIVE POWER

0

 

8.

SHARED DISPOSITIVE POWER

See Row 6 above.

 

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

See Row 6 above.

 

 

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES


CERTAIN SHARES*
                                                                                                                                                                                                                                                                                                                                                                                                                                                              o

 

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)


Approximately 3.8% as of the date of this filing (based on 52,151,951 shares of Common Stock issued and outstanding as of July 19, 2004).

 

 

12.

TYPE OF REPORTING PERSON*

OO; HC

 

Page 4 of 23



 

CUSIP NO.  64110L106

13G

Page 5 of 23 Pages

 

 

 

1.

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Kenneth Griffin

 

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

 

 

(a)

 

ý

 

 

 

 

 

 

 

 

 

(b)

 

o

 

 

3.

SEC USE ONLY

 

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

U.S. Citizen

U.S.A.

 

 

 


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

5.

SOLE VOTING POWER

0

 

6.

SHARED VOTING POWER


681,524 shares of Common Stock

 

13,194 call options (exercisable into 1,319,400 shares of  Common Stock)

 

 

7.

SOLE DISPOSITIVE POWER

0

 

8.

SHARED DISPOSITIVE POWER

See Row 6 above.

 

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

See Row 6 above.

 

 

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES


CERTAIN SHARES*
                                                                                                                                                                                                                                                                                                                                                                                                                                                              o

 

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)


Approximately 3.8% as of the date of this filing (based on 52,151,951 shares of Common Stock issued and outstanding as of July 19, 2004).

 

 

12.

TYPE OF REPORTING PERSON*

IN; HC

 

Page 5 of 23



 

CUSIP NO.  64110L106

13G

Page 6 of 23 Pages

 

 

 

1.

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Citadel Wellington Partners L.P.

 

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

 

 

(a)

 

ý

 

 

 

 

 

 

 

 

 

(b)

 

o

 

 

3.

SEC USE ONLY

 

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

Illinois limited partnership

 

 

 


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

5.

SOLE VOTING POWER

0

 

6.

SHARED VOTING POWER

 

681,524 shares of Common Stock

 

13,194 call options (exercisable into 1,319,400 shares of  Common Stock)

 

 

7.

SOLE DISPOSITIVE POWER

0

 

8.

SHARED DISPOSITIVE POWER

See Row 6 above.

 

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

See Row 6 above.

 

 

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES


CERTAIN SHARES*
                                                                                                                                                                                                                                                                                                                                                                                                                                                              o

 

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)


Approximately 3.8% as of the date of this filing (based on 52,151,951 shares of Common Stock issued and outstanding as of July 19, 2004).

 

 

12.

TYPE OF REPORTING PERSON*

PN; HC

 

Page 6 of 23



 

CUSIP NO.  64110L106

13G

Page 7 of 23 Pages

 

 

 

1.

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Citadel Wellington Partners L.P. SE

 

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

 

 

(a)

 

ý

 

 

 

 

 

 

 

 

 

(b)

 

o

 

 

3.

SEC USE ONLY

 

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware limited partnership

 

 

 


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

5.

SOLE VOTING POWER

0

 

6.

SHARED VOTING POWER

 

681,524 shares of Common Stock

 

13,194 call options (exercisable into 1,319,400 shares of  Common Stock)

 

 

7.

SOLE DISPOSITIVE POWER

0

 

8.

SHARED DISPOSITIVE POWER

See Row 6 above.

 

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

See Row 6 above.

 

 

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES


CERTAIN SHARES*
                                                                                                                                                                                                                                                                                                                                                                                                                                                              o

 

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)


Approximately 3.8% as of the date of this filing (based on 52,151,951 shares of Common Stock issued and outstanding as of July 19, 2004).

 

 

12.

TYPE OF REPORTING PERSON*

PN; HC

 

Page 7 of 23



 

CUSIP NO.  64110L106

13G

Page 8 of 23 Pages

 

 

 

1.

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Citadel Kensington Global Strategies Fund Ltd.

 

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

 

 

(a)

 

ý

 

 

 

 

 

 

 

 

 

(b)

 

o

 

 

3.

SEC USE ONLY

 

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

Bermuda company

 

 

 


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

5.

SOLE VOTING POWER

0

 

6.

SHARED VOTING POWER

 

681,524 shares of Common Stock

 

13,194 call options (exercisable into 1,319,400 shares of  Common Stock)

 

 

7.

SOLE DISPOSITIVE POWER

0

 

8.

SHARED DISPOSITIVE POWER

See Row 6 above.

 

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

See Row 6 above.

 

 

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES


CERTAIN SHARES*
                                                                                                                                                                                                                                                                                                                                                                                                                                                              o

 

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)


Approximately 3.8% as of the date of this filing (based on 52,151,951 shares of Common Stock issued and outstanding as of July 19, 2004).

 

 

12.

TYPE OF REPORTING PERSON*

CO; HC

 

Page 8 of 23



 

CUSIP NO.  64110L106

13G

Page 9 of 23 Pages

 

 

 

1.

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Citadel Equity Fund Ltd.

 

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

 

 

(a)

 

ý

 

 

 

 

 

 

 

 

 

(b)

 

o

 

 

3.

SEC USE ONLY

 

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands company

 

 

 


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

5.

SOLE VOTING POWER

0

 

6.

SHARED VOTING POWER

 

681,524 shares of Common Stock

 

13,194 call options (exercisable into 1,319,400 shares of  Common Stock)

 

 

7.

SOLE DISPOSITIVE POWER

0

 

8.

SHARED DISPOSITIVE POWER

See Row 6 above.

 

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

See Row 6 above.

 

 

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES


CERTAIN SHARES*
                                                                                                                                                                                                                                                                                                                                                                                                                                                              o

 

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)


Approximately 3.8% as of the date of this filing (based on 52,151,951 shares of Common Stock issued and outstanding as of July 19, 2004).

 

 

12.

TYPE OF REPORTING PERSON*

CO; HC

 

Page 9 of 23



 

CUSIP NO.  64110L106

13G

Page 10 of 23 Pages

 

 

 

1.

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Citadel Distressed and Credit Opportunity Fund Ltd.

 

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

 

 

(a)

 

ý

 

 

 

 

 

 

 

 

 

(b)

 

o

 

 

3.

SEC USE ONLY

 

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands company

 

 

 


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

5.

SOLE VOTING POWER

0

 

6.

SHARED VOTING POWER

 

681,524 shares of Common Stock

 

13,194 call options (exercisable into 1,319,400 shares of  Common Stock)

 

 

7.

SOLE DISPOSITIVE POWER

0

 

8.

SHARED DISPOSITIVE POWER

See Row 6 above.

 

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

See Row 6 above.

 

 

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES


CERTAIN SHARES*
                                                                                                                                                                                                                                                                                                                                                                                                                                                              o

 

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

Approximately 3.8% as of the date of this filing (based on 52,151,951 shares of Common Stock issued and outstanding as of July 19, 2004).

 

 

12.

TYPE OF REPORTING PERSON*

CO; HC

 

Page 10 of 23



 

CUSIP NO.  64110L106

13G

Page 11 of 23 Pages

 

 

 

1.

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Citadel Jackson Investment Fund Ltd.

 

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

 

 

(a)

 

ý

 

 

 

 

 

 

 

 

 

(b)

 

o

 

 

3.

SEC USE ONLY

 

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands company

 

 

 


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

5.

SOLE VOTING POWER

0

 

6.

SHARED VOTING POWER

 

681,524 shares of Common Stock

 

13,194 call options (exercisable into 1,319,400 shares of  Common Stock)

 

 

7.

SOLE DISPOSITIVE POWER

0

 

8.

SHARED DISPOSITIVE POWER

See Row 6 above.

 

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

See Row 6 above.

 

 

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES


CERTAIN SHARES*
                                                                                                                                                                                                                                                                                                                                                                                                                                                              o

 

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

Approximately 3.8% as of the date of this filing (based on 52,151,951 shares of Common Stock issued and outstanding as of July 19, 2004).

 

 

12.

TYPE OF REPORTING PERSON*

CO; HC

 

Page 11 of 23



 

CUSIP NO.  64110L106

13G

Page 12 of 23 Pages

 

 

 

1.

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Citadel Credit Trading Ltd.

 

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

 

 

(a)

 

ý

 

 

 

 

 

 

 

 

 

(b)

 

o

 

 

3.

SEC USE ONLY

 

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands company

 

 

 


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

5.

SOLE VOTING POWER

0

 

6.

SHARED VOTING POWER

 

681,524 shares of Common Stock

 

13,194 call options (exercisable into 1,319,400 shares of  Common Stock)

 

 

7.

SOLE DISPOSITIVE POWER

0

 

8.

SHARED DISPOSITIVE POWER

See Row 6 above.

 

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

See Row 6 above.

 

 

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES


CERTAIN SHARES*
                                                                                                                                                                                                                                                                                                                                                                                                                                                              o

 

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

Approximately 3.8% as of the date of this filing (based on 52,151,951 shares of Common Stock issued and outstanding as of July 19, 2004).

 

 

12.

TYPE OF REPORTING PERSON*

CO

 

Page 12 of 23



 

CUSIP NO.  64110L106

13G

Page 13 of 23 Pages

 

 

 

1.

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Citadel Derivatives Group LLC

 

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

 

 

(a)

 

ý

 

 

 

 

 

 

 

 

 

(b)

 

o

 

 

3.

SEC USE ONLY

 

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware limited liability company

 

 

 


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

5.

SOLE VOTING POWER

0

 

6.

SHARED VOTING POWER

 

681,524 shares of Common Stock

 

13,194 call options (exercisable into 1,319,400 shares of  Common Stock)

 

 

7.

SOLE DISPOSITIVE POWER

0

 

8.

SHARED DISPOSITIVE POWER

See Row 6 above.

 

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

See Row 6 above.

 

 

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES


CERTAIN SHARES*
                                                                                                                                                                                                                                                                                                                                                                                                                                                              o

 

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

Approximately 3.8% as of the date of this filing (based on 52,151,951 shares of Common Stock issued and outstanding as of July 19, 2004).

 

 

12.

TYPE OF REPORTING PERSON*

OO

 

Page 13 of 23



 

CUSIP NO.  64110L106

13G

Page 14 of 23 Pages

 

 

 

1.

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Aragon Investments, Ltd.

 

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

 

 

(a)

 

ý

 

 

 

 

 

 

 

 

 

(b)

 

o

 

 

3.

SEC USE ONLY

 

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

Bermuda company

 

 

 


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

5.

SOLE VOTING POWER

0

 

6.

SHARED VOTING POWER

 

681,524 shares of Common Stock

 

13,194 call options (exercisable into 1,319,400 shares of  Common Stock)

 

 

7.

SOLE DISPOSITIVE POWER

0

 

8.

SHARED DISPOSITIVE POWER

See Row 6 above.

 

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

See Row 6 above.

 

 

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES


CERTAIN SHARES*
                                                                                                                                                                                                                                                                                                                                                                                                                                                              o

 

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

Approximately 3.8% as of the date of this filing (based on 52,151,951 shares of Common Stock issued and outstanding as of July 19, 2004).

 

 

12.

TYPE OF REPORTING PERSON*

CO

 

Page 14 of 23



 

CUSIP NO.  64110L106

13G

Page 15 of 23 Pages

 

 

 

1.

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Citadel Trading Group L.L.C.

 

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

 

 

(a)

 

ý

 

 

 

 

 

 

 

 

 

(b)

 

o

 

 

3.

SEC USE ONLY

 

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware limited liability company

 

 

 


NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

5.

SOLE VOTING POWER

0

 

6.

SHARED VOTING POWER

 

681,524 shares of Common Stock

 

13,194 call options (exercisable into 1,319,400 shares of  Common Stock)

 

 

7.

SOLE DISPOSITIVE POWER

0

 

8.

SHARED DISPOSITIVE POWER

See Row 6 above.

 

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

See Row 6 above.

 

 

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES


CERTAIN SHARES*
                                                                                                                                                                                                                                                                                                                                                                                                                                                              o

 

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

Approximately 3.8% as of the date of this filing (based on 52,151,951 shares of Common Stock issued and outstanding as of July 19, 2004).

 

 

12.

TYPE OF REPORTING PERSON*

OO

 

Page 15 of 23



 

CUSIP NO.  64110L106

13G

Page 16 of 23 Pages

 

 

Item 1(a)

 

Name of Issuer:   NETFLIX, INC.

 

 

 

 

 

        1(b)

 

Address of Issuer’s Principal Executive Offices:

 

 

 

 

 

 

 

 

 

970 University Avenue

 

 

 

 

Los Gatos, CA 95032

 

 

 

 

 

 

 

Item 2(a)

 

Name of Person Filing

 

 

Item 2(b)

 

Address of Principal Business Office

 

 

Item 2(c)

 

Citizenship

 

 

 

 

Citadel Limited Partnership

 

131 S. Dearborn Street, 32nd Floor

 

Chicago, Illinois 60603

 

Illinois limited partnership

 

 

 

GLB Partners, L.P.

 

131 S. Dearborn Street, 32nd Floor

 

Chicago, Illinois 60603

 

Delaware limited partnership

 

 

 

Citadel Investment Group, L.L.C.

 

131 S. Dearborn Street, 32nd Floor

 

Chicago, Illinois 60603

 

Delaware limited liability company

 

 

 

Kenneth Griffin

 

131 S. Dearborn Street, 32nd Floor

 

Chicago, Illinois 60603

 

U.S. Citizen

 

 

 

Citadel Wellington Partners L.P.

 

c/o Citadel Investment Group, L.L.C.

 

131 S. Dearborn Street, 32nd Floor

 

Chicago, Illinois 60603

 

Illinois limited partnership

 

 

 

Citadel Wellington Partners L.P. SE

 

c/o Citadel Investment Group, L.L.C.

 

131 S. Dearborn Street, 32nd Floor

 

Chicago, Illinois 60603

 

Delaware limited partnership

 

Page 16 of 23



 

CUSIP NO.  64110L106

13G

Page 17 of 23 Pages

 

 

 

Citadel Kensington Global Strategies Fund Ltd.

 

c/o Citadel Investment Group, L.L.C.

 

131 S. Dearborn Street, 32nd Floor

 

Chicago, Illinois 60603

 

Bermuda company

 

 

 

Citadel Equity Fund Ltd.

 

c/o Citadel Investment Group, L.L.C.

 

131 S. Dearborn Street, 32nd Floor

 

Chicago, Illinois 60603

 

Cayman Islands company

 

 

 

Citadel Distressed and Credit Opportunity Fund Ltd.

 

c/o Citadel Investment Group, L.L.C.

 

131 S. Dearborn Street, 32nd Floor

 

Chicago, Illinois 60603

 

Cayman Islands company

 

 

 

Citadel Jackson Investment Fund Ltd.

 

c/o Citadel Investment Group, L.L.C.

 

131 S. Dearborn Street, 32nd Floor

 

Chicago, Illinois 60603

 

Cayman Islands company

 

 

 

Citadel Credit Trading Ltd.

 

c/o Citadel Investment Group, L.L.C.

 

131 S. Dearborn Street, 32nd Floor

 

Chicago, Illinois 60603

 

Cayman Islands company

 

 

 

Citadel Derivatives Group LLC

 

c/o Citadel Investment Group, L.L.C.

 

131 S. Dearborn Street, 32nd Floor

 

Chicago, Illinois 60603

 

Delaware limited liability company

 

 

 

Aragon Investments, Ltd.

 

c/o Citadel Investment Group, L.L.C.

 

131 S. Dearborn Street, 32nd Floor

 

Chicago, Illinois 60603

 

Bermuda company

 

 

 

Citadel Trading Group L.L.C.

 

c/o Citadel Investment Group, L.L.C.

 

131 S. Dearborn Street, 32nd Floor

 

Chicago, Illinois 60603

 

Delaware limited liability company

 

Page 17 of 23



 

CUSIP NO.  64110L106

13G

Page 18 of 23 Pages

 

 

2(d)                           Title of Class of Securities:

 

Common Stock, par value $0.001 per share

 

2(e)                            CUSIP Number:                                       64110L106

 

Item 3                                                                If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

 

 

(a)

o

Broker or dealer registered under Section 15 of the Exchange Act;

 

(b)

o

Bank as defined in Section 3(a)(6) of the Exchange Act;

 

(c)

o

Insurance company as defined in Section 3(a)(19) of the Exchange Act;

 

(d)

o

Investment company registered under Section 8 of the Investment Company Act;

 

(e)

o

An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

 

(f)

o

An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);

 

(g)

o

A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

 

(h)

o

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;

 

(i)

o

A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;

 

(j)

o

Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

 

If this statement is filed pursuant to Rule 13d-1(c), check this box.  ý

 

Item 4                                                                Ownership:

 

CITADEL LIMITED PARTNERSHIP
GLB PARTNERS, L.P.
CITADEL INVESTMENT GROUP, L.L.C.
KENNETH GRIFFIN
CITADEL WELLINGTON PARTNERS L.P.

CITADEL WELLINGTON PARTNERS L.P. SE

CITADEL KENSINGTON GLOBAL STRATEGIES FUND LTD.
CITADEL EQUITY FUND LTD.

CITADEL DISTRESSED AND CREDIT OPPORTUNITY FUND LTD.

CITADEL JACKSON INVESTMENT FUND LTD.

CITADEL CREDIT TRADING LTD.

CITADEL DERIVATIVES GROUP LLC

ARAGON INVESTMENTS, LTD.

CITADEL TRADING GROUP L.L.C.

 

(a)                                  Amount beneficially owned:

 

681,524 shares of Common Stock

 

Page 18 of 23



 

CUSIP NO.  64110L106

13G

Page 19 of 23 Pages

 

 

13,194 call options (exercisable into 1,319,400 shares of  Common Stock)

 

(b)                                 Percent of Class:

 

Approximately 3.8% as of the date of this filing (based on 52,151,951 shares of Common Stock issued and outstanding as of July 19, 2004).

(c)                                  Number of shares as to which such person has:

 

(i)                                     sole power to vote or to direct the vote:

 

0

 

(ii)                                  shared power to vote or to direct the vote:

 

See item (a) above.

 

(iii)                               sole power to dispose or to direct the disposition of:

 

0

 

(iv)                              shared power to dispose or to direct the disposition of:

 

See item (a) above.

 

          The obligation to file this Schedule 13G arose on August 16, 2004. The Reporting Persons have subsequently reduced their beneficial ownership to the currently reported percentage. At no time since August 16, 2004 have the Reporting Persons been the beneficial owners of greater than 10% of the Company's outstanding Common Stock as determined in accordance with Rule 13d of the Securities Exchange Act of 1934.

 

Item 5                                                                Ownership of Five Percent or Less of a Class:

Not Applicable.

 

Item 6                                                                Ownership of More than Five Percent on Behalf of Another Person:

Not Applicable.

 

Item 7                                                                Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company:

See Item 2 above.

 

Item 8                                                                Identification and Classification of Members of the Group:

Not Applicable.

 

Item 9                                                                Notice of Dissolution of Group:

Not Applicable.

 

Page 19 of 23



 

CUSIP NO.  64110L106

13G

Page 20 of 23 Pages

 

 

Item 10                                                          Certification:

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

Page 20 of 23



 

CUSIP NO.  64110L106

13G

Page 21 of 23 Pages

 

 

After reasonable inquiry and to the best of its knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

 

Dated this 23rd day of August, 2004

KENNETH GRIFFIN 

 

 

 

By:

/s/ Kenneth Griffin

 

 

 

Kenneth Griffin, President

 

 

 

CITADEL LIMITED PARTNERSHIP

CITADEL INVESTMENT GROUP, L.L.C.

 

 

By:

GLB Partners, L.P.,

By:

/s/ Kenneth Griffin

 

 

its General Partner

 

Kenneth Griffin, President

 

 

 

By: Citadel Investment Group, L.L.C.,
its General Partner

CITADEL EQUITY FUND LTD.

 

 

By:

/s/ Kenneth Griffin

 

By: Citadel Limited Partnership,

 

Kenneth Griffin, President

 

its Portfolio Manager

 

 

GLB PARTNERS, L.P.

By: GLB Partners, L.P.,
its General Partner

 

 

By: Citadel Investment Group, L.L.C.,
its General Partner

By: Citadel Investment Group, L.L.C.,
its General Partner

 

 

By:

/s/ Kenneth Griffin

 

By:

/s/ Kenneth Griffin

 

 

Kenneth Griffin, President

 

 

Kenneth Griffin, President

 

 

 

CITADEL WELLINGTON PARTNERS  L.P.

ARAGON INVESTMENTS, LTD.

 

 

By: Citadel Limited Partnership,
its General Partner

By: Citadel Limited Partnership,
its Portfolio Manager

 

 

By: GLB Partners, L.P.,
its General Partner

By: GLB Partners, L.P.,
its General Partner

 

 

By: Citadel Investment Group, L.L.C.,
its General Partner

By: Citadel Investment Group, L.L.C.,
its General Partner

 

 

By:

/s/ Kenneth Griffin

 

By:

/s/ Kenneth Griffin

 

 

Kenneth Griffin, President

 

 

Kenneth Griffin, President

 

 

Page 21 of 23



 

CUSIP NO.  64110L106

13G

Page 22 of 23 Pages

 

 

CITADEL WELLINGTON PARTNERS  L.P. SE

CITADEL DERIVATIVES GROUP LLC

 

 

By: Citadel Limited Partnership,
its General Partner

By: Citadel Limited Partnership,
its Managing Member

 

 

By: GLB Partners, L.P.,
its General Partner

By: GLB Partners, L.P.,
its General Partner

 

 

By: Citadel Investment Group, L.L.C.,
its General Partner

By: Citadel Investment Group, L.L.C.,
its General Partner

 

 

By:

/s/ Kenneth Griffin

 

By:

/s/ Kenneth Griffin

 

 

Kenneth Griffin, President

 

 

Kenneth Griffin, President

 

 

 

CITADEL DISTRESSED AND CREDIT  OPPORTUNITY FUND LTD.

CITADEL CREDIT TRADING LTD.

 

 

By: Citadel Limited Partnership,
its Portfolio Manager

By: Citadel Limited Partnership,
its Portfolio Manager

 

 

By: GLB Partners, L.P.,
its General Partner

By: GLB Partners, L.P.,
its General Partner

 

 

By: Citadel Investment Group, L.L.C.,
its General Partner

By: Citadel Investment Group, L.L.C.,
its General Partner

 

 

By:

/s/ Kenneth Griffin

 

By:

/s/ Kenneth Griffin

 

 

Kenneth Griffin, President

 

 

Kenneth Griffin, President

 

 

Page 22 of 23



 

 

CUSIP NO.  64110L106

13G

Page 23 of 23 Pages

 

 

CITADEL KENSINGTON GLOBAL  STRATEGIES FUND LTD.

CITADEL JACKSON INVESTMENT  FUND LTD.

 

 

By: Citadel Limited Partnership,
its Portfolio Manager

By: Citadel Limited Partnership,
its Portfolio Manager

 

 

By: GLB Partners, L.P.,
its General Partner

By: GLB Partners, L.P.,
its General Partner

 

 

By: Citadel Investment Group, L.L.C.,
its General Partner

By: Citadel Investment Group, L.L.C.,
its General Partner

 

 

By:

/s/ Kenneth Griffin

 

By:

/s/ Kenneth Griffin

 

 

Kenneth Griffin, President

 

 

Kenneth Griffin, President

 

 

 

 

 

 

 

CITADEL TRADING GROUP L.L.C.

 

By: Citadel Limited Partnership,
its Portfolio Manager

 

By: GLB Partners, L.P.,
its General Partner

 

By: Citadel Investment Group, L.L.C.,
its General Partner

 

By:

/s/ Kenneth Griffin

 

 

Kenneth Griffin, President

 

 

Page 23 of 23