Netflix Prize Announced

In my previous post about the Netflix Prize, I said that two teams had met the Netflix criteria and the race was too close to call.  Netflix CEO Reed Hastings has just today announced a winner: The BellKor Pragmatic Chaos team won out over The Ensemble for the $1 million prize.  Hastings said:

Teams that had previously battled it out independently joined forces to surpass the 10% barrier.

BellKor improved predictions for what movies people will like by 10.6 percent; so did The Ensemble, but BellKor submitted its final entry about 10 minutes before The Ensemble.

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