Netflix

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Netflix Was Supposed to Beat Cable, Not Join It

Atlantic blogger hopes service doesn't join the dark side

(Newser) - Netflix's rumored attempt to bring its content to cable on-demand boxes isn't sitting well with Rebecca Greenfield of the Atlantic , who reads the report thusly: "The streaming service 'of the future' would join forces with the established companies we'd hoped it would help us get...

Soon: Order Cable, Get Netflix?
 Soon: Order Cable, Get Netflix? 
Mar 7, 2012 10:55 AM CST

Soon: Order Cable, Get Netflix?

Reed Hastings meeting with cable company execs about proposal

(Newser) - In its latest bid to stay ahead of the competition, Netflix is looking to team up with cable companies. The proposal? Add its online streaming services as another "on-demand" option that cable subscribers could access through their set-top boxes. CEO Reed Hastings has quietly met with senior executives at...

Another Netflix Rival? Comcast Jumps In

It launches video-streaming service

(Newser) - The competition to offer streamed movies and TV shows over the Internet got even more crowded today as Comcast announced its version, reports the Los Angeles Times . The cable provider's Xfinity Streampix will be available only to Comcast customers for $5 month—it's free for some, depending on...

Hulu, Netflix Launch Original Programs

Both Battleground and Lilyhammer get mixed reviews, as streaming services branch out

(Newser) - Online streaming sites Hulu and Netflix both launched original series this week, as both services take baby steps toward competing with regular television, reports Gigaom . A look at each:
  • Hulu's Battleground is the more conventional of the two, a 13-episode comedy about a Senate campaign in Wisconsin that started
...

Verizon, Redbox Team Up to Take Down Netflix

New streaming venture announced, but few details given

(Newser) - Watch out, Netflix: Verizon and Redbox are teaming up. Verizon announced today it will enter the video streaming business in a joint venture with Coinstar, the parent company of Redbox DVD rental kiosks, Mashable reports. Verizon said the new service, which will also include access to DVD and Blu-ray discs,...

Netflix Rebounds, Shares Surge

Revenues, subscribers, and share price all up at online video leader

(Newser) - After Netflix's miserable third quarter of 2011—which saw its share price plunge 75% , some 800,000 customers quit , and the Qwikster debacle —the video rental giant reversed much of those losses and posted stronger-than-expected results for the last quarter, reports Reuters . Netflix's revenue jumped 47% to...

Netflix Shareholders Sue
 Shareholders Sue Netflix 
Jan 18, 2012 1:02 PM CST

Shareholders Sue Netflix

Class-action suit says company issued 'misleading statements'

(Newser) - Netflix's shareholders are none too happy with the streaming video giant's plummeting share price, and now they're biting back with a class action lawsuit. The suit, filed recently in California, alleges that Netflix "issued materially false and misleading statements," and failing to disclose crucial info....

In 3 Months, We Streamed 2B Hours of Netflix Videos
In 3 Months, We Streamed
2B Hours of Netflix Videos
yes, billion
Jan 4, 2012 11:29 AM CST

In 3 Months, We Streamed 2B Hours of Netflix Videos

Company says that's a 'high mark'

(Newser) - Despite the uproar and subscriber exodus over its pricing change, people are still making use of Netflix’s streaming service. And how. The company has announced that it streamed more than 2 billion hours of content to members during the fourth quarter, and while it wouldn’t give specific figures...

Netflix Boss' Stock Options Cut in Half

Reed Hastings pays for battered share price

(Newser) - Netflix CEO Reed Hastings is paying the price for the price hike / Qwikster debacle that has sent the company’s share price down 75% since July. Hastings' annual stock option allowance will be cut by 50%, bringing it to $1.5 million, the company revealed in a regulatory filing...

Verizon Plans Netflix Rival

Could be available sometime next year

(Newser) - As if Netflix's year hasn't been tough enough. The streaming movie company may soon face a new rival in the form of a Verizon online video service, Reuters reports. The service would be available to 85 million households outside Verizon's current FIOS broadband and cable markets, and...

Post Office to Slow Mail, Kill Next-Day Letter Delivery

Half of USPS mail processing centers to shut down this spring

(Newser) - Get ready to wait an extra day for the next DVD of The Wire: The mail is going to slow down. As part of its plan to save $3 billion, the cash-challenged US Postal Service will be closing roughly half of its 500 mail processing centers as soon as next...

Disney, ABC Shows Coming to Netflix, Amazon

New streaming deals signed with both

(Newser) - Finally, some good news for Netflix subscribers: More streaming content is being added thanks to an expanded deal with Disney-ABC Television Group, Mashable reports. The agreement extends the existing deal in order to introduce new shows including Alias and Switched at Birth. The caveat is, however, that Disney-ABC also signed...

Now Redbox Is Raising Prices

DVD rentals to cost $1.20 per night

(Newser) - With Netflix still reeling from its price-hike debacle, you’d think Redbox would hold off on any increases. Instead, the rental kiosk company is raising the per-night price of a DVD rental from $1 to $1.20, Mashable reports. The bump, announced yesterday, takes effect on Halloween. “This marks...

Netflix Won't Die, It Just Won't Rule the World

The streaming video service will be fine, it just won't rule the world

(Newser) - Yes, its stock has plunged 70% since July , and yes, it has shed 800,000 subscribers , but Netflix isn’t doomed, writes Holman Jenkins of the Wall Street Journal —it’s just not going to rule the world, either. The problem isn’t so much that people loved their...

Netflix Stock Tumbles 35%


 Netflix Stock Tumbles 35% 
Oct 26, 2011 9:56 AM CDT

Netflix Stock Tumbles 35%

Aggressive expansion, subscribers' departure add to woes

(Newser) - Amazon’s plunging profits may have Jeff Bezos worried, but he can take solace in the misery of a competitor: Netflix stock dropped a whopping 35% to $77.37 yesterday following some bleak announcements the day before. On Monday, the company said its US subscribers had plummeted and that...

Netflix Loses 800K Customers
 Netflix Loses 800K Customers 
Oct 25, 2011 4:23 AM CDT

Netflix Loses 800K Customers

As stock plunges, CEO blames Tea Party, Occupy Wall St.

(Newser) - The horror movie isn't over for Netflix shareholders. The company, facing a customer revolt over price hikes, posted third-quarter results that were even worse than expected, Bloomberg reports. The company has lost around 800,000 subscribers since June, leaving it with 23.8 million, when it had predicted that...

RIP Qwikster: Netflix Will Keep DVDs

CEO Reed Hastings says move was 'too fast'

(Newser) - Ah, Qwikster, we hardly knew ye. Probably because ye never launched, and never will. Netflix abruptly changed course today, announcing that it would not be slicing off its DVD-by-mail service into a separate site after all, Reuters reports. “There is a difference between moving quickly—which Netflix has done...

Hulu Joins Bidding War for Arrested Development

Netflix, Showtime also interested

(Newser) - Arrested Development is one hot property: Showtime, Netflix, and Hulu are now in a bidding war over distribution rights to the upcoming new episodes . Showtime and Netflix were originally reported to be interested in the newly-announced "limited-run series," and Hulu has most recently jumped into the mix, New ...

Shoppers Blast Retailers' Online Anti-Gay Ties

Petitions prompt Microsoft, Apple to cut connection to charity group

(Newser) - Apple, Microsoft, and an array of other online retailers have found themselves at the center of a gay-rights battle, the New York Times reports. The retailers have been tied to an Internet marketer, the Charity Giveback Group, that receives a commission when it sends the retailers an online customer. There'...

Netflix Swipes DreamWorks Animation From HBO

Company behind 'Shrek' will get $30M per movie in deal

(Newser) - Things are looking up for Netflix. DreamWorks Animation, the folks behind the Shrek and Kung Fu Panda series, is dropping HBO and will now release its movies first via Netflix , reports the New York Times . The deal starts in 2013, and will cost Netflix a hefty $30 million per picture—...

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