It's been a while since we've heard any more about this, but Netflix is finally pledging to get the job done.
The folks at Netflix have been a little lax in their plans to add closed captioning to their video offerings. Initially it didn't exist at all and while it's there on most movies and TV shows, there are still plenty to go. Thanks to a recent lawsuit settlement with the National Association of the Deaf, the company has finally announced that all of its streaming content will be closed captioned by 2014.
Netflix also gave some information about the speed of future captioning. In 2014, new content will have captions within 30 days. In 2015 that number lowers to 15 and in 2016 Netflix will have captions on their videos within seven days.
Source: Mobile Burn