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Howard Rourke on the Monkey board just pointed out that there is an error in the filing. The amount of off-balance sheet obligations for streaming content due in less than a year is $740M--quite a difference. Btw, although the correct number appears on page 26 of the filing, I contacted Netflix's IR dept to ask for an amended filing (10-Q/A) to be made given the discrepancy.

Wow--that was quick--the 10-Q/A correcting the error has just been filed:


Netflix, Inc. is filing this Amendment No. 1 to its Quarterly Report on Form 10-Q for the three months ended September 30, 2011, as filed with the Securities and Exchange Commission on October 27, 2011, to correct a typographical error in the heading to the table contained in the Streaming Content section within footnote 9 “Commitments and Contingencies.” The heading to the table has been changed to “(In millions)” from “(In thousands).” Other than the change to this header, all information included in the initial filing is unchanged.
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