27 Jun 2009
Two front runners in the contest, Team Pragmatic Theory and Team Bellkor in Chaos, joined forces and submitted an algorithm that was 10.05 percent better than the one Netflix uses to recommend movies to its subscribers. The result was published on the Netflix Prize leader board on Friday.
Assuming the results are verified, that’s enough to edge the 10 percent improvement requirement by a hair and qualify them to win a $1 million prize
— Winning Teams Join to Qualify for $1 Million Netflix Prize | Epicenter | Wired.com