Netflix Prize - Win \$1 Million by Improving Movie Recommendations

Description:

Netflix is an online movie rental company that helps members find movies they might like through a complex recommendation system. If you can improve the current recommendation system by 10%, NetFlix will award you with a cool Million dollars. If you don't reach the 10% bar but still show marked success, you could win $50,000 in the yearly Progress Prize.

Category:

Programming contests, cash sweepstakes

Eligibility:

International. Void in he province of Quebec in Canada, Cuba, Iran, Syria, North Korea, Myanmar (formerly Burma) and Sudan. Entries are welcome from individuals or teams.

End Date:

The contest will run at least until October 2, 2011. Prizes are awarded yearly.

Entry Frequency:

Weekly.

Sweepstakes Prizes:

Grand Prize: $1 million cash (ARV: $1,000,000)
Yearly Prizes: $50,000 cash (ARV: $50,000 each).

Additional Comments:

Note that this is a contest to program an algorithm that is more effective than Netflix's current recommendation program. This is NOT a random draw.

Sweepstakes Links:

Sweepstakes Overview
Sweepstakes Rules
FAQ