News tagged with netflix inc
Netflix settlement trims 14 pct off 4Q earnings
(AP) -- Netflix pressed the rewind button on its fourth-quarter earnings after settling allegations that the video subscription service violated a consumer-privacy law.
15 hours ago |
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Netflix light on flicks as viewers soak up TV shows
Like most fresh faces that arrive in Hollywood, Netflix wanted to be a movie star. But now it's learning what many in Tinseltown have known for decades: Movies are sexy, but the real money is in television.
Feb 10, 2012 |
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Coinstar's stock soars on strong 4Q for Redbox
(AP) -- Coinstar's fourth-quarter earnings soared past analyst estimates as the company's Redbox kiosks for renting DVDs picked up customers who stopped getting their discs through Netflix's rival service.
Feb 06, 2012 |
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Netflix customers return in 4Q; stock soars 16 pct
(AP) -- Netflix has regained almost as many customers as it lost following an unpopular price increase, signaling that the video subscription service is healing from its self-inflicted wounds.
Jan 25, 2012 |
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Hulu to launch first original scripted show
(AP) -- Hulu will broadcast its first original scripted series next month, a political comedy that will debut during the real-life Republican presidential primary.
Jan 16, 2012 |
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Home video spending in US falls 2 percent in 2011
(AP) -- Home video spending in the U.S. fell 2 percent to about $18 billion in 2011. A surge in the popularity of movie streaming services like Netflix Inc. and gains in Blu-ray disc sales helped offset some of the drop ...
Jan 10, 2012 |
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Netflix unveils video service in UK, Ireland
(AP) -- Netflix's Internet video service made its debut in the United Kingdom and Ireland Monday as part of a previously announced expansion that is expected to saddle the company with its first annual loss in a decade.
Jan 09, 2012 |
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HBO stops selling DVDs to Netflix
(AP) -- HBO fired a shot across Netflix's bow this week, confirming it will no longer sell discounted DVDs of hit shows like "Boardwalk Empire" to the subscription video service.
Jan 05, 2012 |
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Netflix stock surges with Internet video streaming
(AP) -- Netflix has released some statistics that indicate the video subscription service must be doing something right, even though investors and customers have been ridiculing it for much of the past six months.
Jan 05, 2012 |
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Netflix CEO's stock options slashed after bad year
Netflix CEO Reed Hastings will pay a $1.5 million penalty for blunders that alienated the video subscription service's customers and pulverized its stock.
Dec 22, 2011 |
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Game streaming service OnLive coming to tablets
(AP) -- OnLive, the startup whose technology streams high-end video games over an Internet connection, is expanding its service to tablets and mobile devices.
Dec 08, 2011 |
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Netflix sharing on Facebook may be coming to US
(AP) -- It may not be much longer before there's an easier way for Netflix's U.S. subscribers to share their tastes in movies on Facebook.
Dec 08, 2011 |
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Cable firms branch out into home-security services
For decades, the only theft the cable industry worried about was people trying to get MTV and HBO without paying for them.
Dec 07, 2011 |
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Humbled Netflix CEO still thinking, talking big
(AP) -- To hear Netflix CEO Reed Hastings tell it, the bone-headed decisions that have dragged down the Internet's leading video subscription service during the past five months eventually will be forgotten like a bad movie ...
Dec 07, 2011 |
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Netflix hits 20-month low as debt worries mount
(AP) -- Netflix stock's free fall accelerated Tuesday as the shares reached a 20-month low amid intensifying concerns about the video subscription service's ability to overcome public relations problems and competitive pressures.
Nov 22, 2011 |
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Netflix
Netflix (NASDAQ: NFLX) is an online DVD and Blu-ray Disc rental service, offering flat rate rental-by-mail and online streaming to customers in the United States. Established in 1997 and headquartered in Los Gatos, California, it has amassed a collection of 100,000 titles and approximately 10 million subscribers. The company has more than 55 million discs and, on average, ships 1.9 million DVDs to customers each day. Netflix previously claimed to spend about $300 million a year on postage. On February 25, 2007, Netflix announced the billionth DVD delivery. Two years later, on April 2, 2009, the company announced that it had mailed its two billionth DVD, and awarded the recipient with a complimentary lifetime membership. It topped the ForeSee Results’ Top 100 Online Retail Satisfaction Index with an American Customer Satisfaction Index score of 86, well over the industry average of 75.
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