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Updated from 11:51 a.m. EST
Netflix (NFLX Quote) signaled Tuesday that it's taking a step toward its long-term goal of distributing movies over the Internet, but its biggest hurdle still lies ahead.
Over the next six months, the company plans to roll out a new "watch now" feature on its Web site that allows subscribers to watch some movies and TV shows immediately on their personal computers.
While customers can continue to receive DVDs by mail, they will have the additional option of watching around 1,000 titles using technology that allows a video to be viewed at virtually the same time it is being delivered to a user's computer over the Internet. ...
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