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Netflix, Inc. (NFLX)

  • Sep. 20, 2012, 1:13 PM
    Some Facebook (FB -1.7%) news: 1) Facebook says it will start charging businesses for its Offers product, which allows businesses to publish promotions in their fans' news feeds, while expanding its availability to include online-only businesses. Offers is a form of indirect competition for Groupon (GRPN). 2) Facebook has hired Netflix (NFLX) engineering VP John Ciancutti to be its Director of Engineering. Ciancutti's hiring follows a string of executive departures.
    | Sep. 20, 2012, 1:13 PM | 6 Comments
  • Sep. 17, 2012, 10:54 AM
    Macquarie adds to Netflix (NFLX -5.4%) slide this morning after initiating coverage with a tepid underperform rating and a downside price target of $50, nearly 17% off current levels. The firm says that increasing content costs and greater competition are continuing to wick away at its bottom line.
    | Sep. 17, 2012, 10:54 AM | Comment!
  • Sep. 17, 2012, 10:33 AM
    Netflix (NFLX -5.3%) could lose access to content from A&E Networks as soon a this Friday with negotiations still ongoing over a content contract. If a deal isn't struck, look for another major digital player such as Amazon, Time Warner, or Hulu to step in to land an exclusive deal for the stable of channels that include A&E and History.
    | Sep. 17, 2012, 10:33 AM | 4 Comments
  • Sep. 14, 2012, 1:12 PM
    The download caps placed by Canadian ISPs such as BCE and Shaw (SJR) are "almost a human rights violation," says Netflix's (NFLX) chief content officer - the caps have forced Netflix to make non-HD streams the default option in the country. CEO Reed Hastings has bashed both Canadian (as well as American) broadband prices before, but they haven't stopped the company from getting 15% of Canadians to subscribe to its streaming service.
    | Sep. 14, 2012, 1:12 PM | 9 Comments
  • Sep. 11, 2012, 9:21 AM
    Facebook (FB) and Netflix's (NFLX) unique U.S. PC visitors each fell 6% Y/Y in August (I, II), according to comScore's August Web traffic data. Facebook's decline was due to a methodology change, insists comScore, which has co-sponsored a study with the company. But even if growth was flat, Facebook can't be thrilled, given the U.S. is one of its most lucrative markets, and mobile monetization is a work-in-progress. Netflix's decline could partly be due to higher TV and mobile viewing.
    | Sep. 11, 2012, 9:21 AM | 8 Comments
  • Sep. 4, 2012, 4:47 PM
    Epix isn't done signing streaming deals ... at least it hopes. The movie channel, co-owned by Viacom (VIA, VIAB), Lions Gate (LGF), and MGM, says it's talking with several companies, including Apple (previous), Google, and Hulu, about licensing its library. News of Epix's deal with Amazon did a number on former exclusive partner Netflix (NFLX -6.4%) today.
    | Sep. 4, 2012, 4:47 PM | 4 Comments
  • Sep. 4, 2012, 9:59 AM
    Netflix (NFLX -9.2%) gets crushed on news of Amazon's (AMZN) deal with Epix. Since the expiration of the Starz deal, Epix has been Netflix's top source for popular movies. And while the loss of Epix exclusivity was expected, the fact Netflix's top rival now has access to Epix's library is stoking fears the company won't be able to stand out. At $79/year (bundled with Prime shipping), Amazon's Prime Instant Video is cheaper than Netflix on an annual basis, but doesn't offer a monthly option.
    | Sep. 4, 2012, 9:59 AM | 2 Comments
  • Aug. 31, 2012, 8:47 AM
    Shares of Netflix (NFLX) move up 1.6% premarket after Google appears set to stop its Google TV ads programs to focus on web initiatives. A renewed push by consumers away from TV into digital content options could set up nicely for Netflix.
    | Aug. 31, 2012, 8:47 AM | 2 Comments
  • Aug. 31, 2012, 6:53 AM
    Time Warner's (TWX) HBO will looks set to beat Netflix (NFLX) to the punch in the Nordic nations of Denmark, Sweden, Norway, and Finland with an on-demand streaming service of its original programming. The service should be up and running by the end of October, while Netflix's streaming service will debut sometime before the end of 2012. The streaming launches will mark the first time the two firms have battled directly in the same region with the same business model.
    | Aug. 31, 2012, 6:53 AM | Comment!
  • Aug. 24, 2012, 6:16 PM
    The poor quality of U.S. broadband could be hurting Netflix (NFLX). Though a recent FCC report claims 60% of U.S. households have broadband connections (defined as 768kbps or more), only 38% have connections of at least 3Mbps, the minimum level Netflix says is needed to provide DVD-quality video. Also, only 26% are estimated to have 6Mbps+ connections - Netflix claims 5Mbps is needed to provide HD video. Netflix provided disappointing Q3 domestic streaming subscriber guidance in July.
    | Aug. 24, 2012, 6:16 PM | 9 Comments
  • Aug. 24, 2012, 9:51 AM
    Amazon (AMZN +0.9%) and Comcast (CMCSA -0.5%) expand an existing licensing agreement to add hundreds of NBC TV episodes, both new and old, to Amazon Prime Instant Video. With an arsenal of over 22K movies and TV episodes, the Amazon streaming service is a formidable challenger to Netflix (NFLX -2.5%).
    | Aug. 24, 2012, 9:51 AM | 1 Comment
  • Aug. 24, 2012, 7:46 AM
    Netflix (NFLX) exec Ted Sararndos defends the company against accusations that it's spending too much in the hotly-contested U.K. video-on-demand market. Sarandos notes the company adopted the same policy in the U.S. in order to grab the rights for engaging online content and gain an edge.
    | Aug. 24, 2012, 7:46 AM | 2 Comments
  • Aug. 23, 2012, 9:57 AM
    ITG Research tips off that revenue for Netflix (NFLX +0.8%) in Q3 tracks above the consensus mark of analysts. The quarter is an important one for Netflix, with warnings from both inside and outside the company that revenue was affected by the streaming coverage of the Olympics.
    | Aug. 23, 2012, 9:57 AM | 1 Comment
  • Aug. 21, 2012, 2:04 PM
    Netflix (NFLX +1.3%) edges higher after Caris' David Miller, who has been a vocal bear, upgrades shares to Average. With Netflix down 62% since his September downgrade, Miller thinks the company has bled enough. He also believes Netflix and EPIX recently altered a licensing deal to make it non-exclusive (something that should lower content costs), and that a 2013 consensus EPS estimate of $0.95 is "too draconian" (Miller forecasts $1.88). (Apple/EPIX rumors)
    | Aug. 21, 2012, 2:04 PM | 1 Comment
  • Aug. 20, 2012, 9:37 AM
    Netflix (NFLX +0.5%) crosses over the 1M member milestone in the UK and Ireland. The company says 10% of the population in the region gives up two hours or more of their day to watching TV shows delivered via the Internet. Though competition is stiff with Amazon's Lovefilm and BSkyB offering up online content, it appears the market may be broad enough to feed all three companies.
    | Aug. 20, 2012, 9:37 AM | 5 Comments
  • Aug. 15, 2012, 8:12 AM
    More on Netflix (NFLX) in Scandinavia: Sweden has a reputation for being a haven for Internet piracy, although the introduction of legal music-download services such as Spotify has met with success, boding well for Netflix's prospects. (PR)
    | Aug. 15, 2012, 8:12 AM | Comment!
Company Description
Netflix Inc operates as an Internet television network providing TV shows & movies which include original series, documentaries & feature films. The Company has three segments namely Domestic streaming, International streaming & Domestic DVD.
Sector: Services
Country: United States