TAG RESULTS FOR: 1 million

Netflix Finally Hands Over $1 Million Prize; Starts a New Contest

Back in October 2006, Netflix began their $1 million challenge, offering a cash reward to the development team whom could improve Cinematch, the company’s recommendation engine, by at least 10%. After nearly three years the winner has finally been compensated. Netflix considered the million such a good investment that they’ve decided to start all over again. This time, Netflix will “present the contestants with demographic and behavioral data, and they will be asked to model individuals’ “taste profiles.”’ Unlike the... Continue reading