Netflix, Inc. (NFLX) - NASDAQ
  • Jan. 15, 2013, 10:22 AM

    Carl Icahn's dalliance with Transocean could prompt the investor to sell off his stake in Netflix (NFLX +0.2%) with his paper profits sitting at high levels, speculates dealReporter. If Icahn does pull the trigger on Netflix, expect some wild volatility.

    | Jan. 15, 2013, 10:22 AM
  • Jan. 14, 2013, 1:11 PM

    Netflix (NFLX +2.6%) strikes another content deal with Warner Bros. (TWX -0.7%); this one involves Cartoon Network shows such as Adventure Time, Johnny Bravo, and Aqua Teen Hunger Force, as well as (starting in 2014) the TNT series Dallas. Last week, Netflix announced a deal to carry a slew of serialized dramas produced by Warner Bros.' TV studio ops.

    | Jan. 14, 2013, 1:11 PM | 3 Comments
  • Jan. 11, 2013, 12:28 PM

    The USPS is giving Netflix (NFLX +3.6%) an unfair advantage over disc-rental rivals through its policies for processing Netflix DVDs, a federal appeals court rules in a suit brought by game-rental service GameFly. The court has ordered the USPS to change the situation or provide a good reason why it shouldn't. Separately, Pres. Obama has removed the last hurdle to the sharing of Netflix rental/browing activity on Facebook by signing a video privacy law amendment recently approved by Congress.

    | Jan. 11, 2013, 12:28 PM | 1 Comment
  • Jan. 9, 2013, 5:38 PM

    Coinstar (CSTR) and Verizon's (VZ) Redbox Instant streaming service will commercially launch by the end of Q1, promises JV chief Shawn Strickland. Verizon had once predicted a Q4 2012 launch. The service currently has 4,500 movies in its library that can be viewed with a basic subscription, and a total of 7,500 after counting "transactional" titles. Netflix (NFLX) was estimated to have 35K titles in April, but that includes a lot of TV shows. Amazon recently stated it had 33K titles.

    | Jan. 9, 2013, 5:38 PM | 3 Comments
  • Jan. 8, 2013, 4:07 PM
    More on Netflix: 1) Piper's Michael Olson notes unique visitors to Netflix's (NFLX -2.1%) site fell 4% Y/Y in Q4, per NPD. There's a good chance the total number of unique Netflix users still rose thanks to growing TV/mobile use. Unique visitors to Redbox.com (CSTR +0.2%) fell 13% Y/Y. 2) As part of the buildout of its OpenConnect CDN, Netflix is installing servers on Cablevision's network, thereby lowering bandwidth costs and reducing Cablevision's traffic burden. OpenConnect stands to diminish Netflix's use of CDN services from AKAM, LLNW, and LVLT.
    | Jan. 8, 2013, 4:07 PM | 3 Comments
  • Jan. 8, 2013, 1:55 PM

    Netflix (NFLX -0.4%) is going 3D: the streaming site is now providing a limited number of 3-D titles, and has rolled out a higher-quality 1080p format it calls Super HD. With Netflix recommending at least 7Mbps connections for Super HD streams (compared with 5Mbps for traditional 1080p), expect the company's bandwidth bill to go up, and for ISPs to become even more frustrated. Separately, Cantor is estimating Netflix's Warner Bros. deal will cost $100M/year, and CNNMoney's Paul R. LaMonica argues shares are now overvalued, given limited earnings and huge content obligations.

    | Jan. 8, 2013, 1:55 PM | 2 Comments
  • Jan. 7, 2013, 2:26 PM

    AT&T (T) introduces the U-verse Screen Pack, a $5/month movie streaming service for its TV subs. Some are calling the service a Netflix (NFLX) killer, but as AllThingsD's Peter Kafka points out, Screen Pack's relatively small content library makes it more on par with Comcast's Streampix, which hasn't exactly eaten Netflix's lunch. AT&T is also announcing new U-verse media-sharing apps, and a home security/automation service called Digital Life; the latter relies on a control panel developed by Cisco (CSCO).

    | Jan. 7, 2013, 2:26 PM | 3 Comments
  • Jan. 7, 2013, 1:24 PM

    A downward move in Netflix (NFLX +1.1%) from session highs lights a fire under rumors Carl Icahn might be exiting his position. The investor holds just a shade under 10% of the company with plenty of unrealized profit sitting on the books. A more likely reason for the pullback could be that some other investors of the non-Icahn type sold off as shares cleared $100 for the first time since April.

    | Jan. 7, 2013, 1:24 PM
  • Jan. 7, 2013, 6:54 AM

    Netflix (NFLX) says it will carry previous version of Warner Bros. shows under a new content deal struck with Time Warner. The company believes it can lure in new customers with the prospect of watching hit drama series that may have been "intimidating" to tune into mid-run.

    | Jan. 7, 2013, 6:54 AM | 1 Comment
  • Jan. 4, 2013, 4:30 PM
    It finally happened: Well-respected Hulu (DIS, CMCSA, NWS) CEO Jason Kilar says he's leaving in Q1, and that CTO Rich Tom is joining him. Hobbled by the licensing and distribution restrictions placed by media industry owners generally terrified of upsetting their pay-TV industry clients, money-losing Hulu's total monthly viewers have been surpassed by Netflix's paid subscriber base. Kilar's departure could have something to do with a reported request for a fresh $200M in funding. (also)
    | Jan. 4, 2013, 4:30 PM | 1 Comment
  • Jan. 4, 2013, 10:53 AM

    Amazon (AMZN) continues its video licensing spree, striking a deal with A&E to gain streaming rights for popular shows on Lifetime, The History Channel, A&E, and The Biography Channel. Netflix (NFLX) lost access to many of these shows in September. The positive spin: Amazon, which now has 33K titles in its library, has a growing amount of valuable content that isn't available on Netflix. The negative spin: these deals aren't coming cheap, and Amazon doesn't have Netflix's streaming revenue base to subsidize them.

    | Jan. 4, 2013, 10:53 AM | 1 Comment
  • Jan. 3, 2013, 2:08 PM

    Netflix (NFLX +5.7%) surges above $97 after BMO raises its PT to $88 from $65. The firm, which maintains a Market Perform, predicts Netflix will remain the dominant online streaming provider, and also expects further international expansion. 26.1% of the float was shorted as of Dec. 14, providing ample fuel for a short-covering rally.

    | Jan. 3, 2013, 2:08 PM | 3 Comments
  • Jan. 2, 2013, 9:11 AM

    Netflix (NFLX) will reportedly increase its focus on Washington this year to fight to uphold net neutrality laws and protect bandwidth limits. As part of its legislative drive, the company formed its own political action committee last year.

    | Jan. 2, 2013, 9:11 AM
  • Dec. 30, 2012, 7:57 PM
    After a moderate bounce in the fortunes of Netflix (NFLX) this year, CEO Reed Hastings will see his salary quadrupled to $2M in 2013. Adding in stock options will bring total compensation to $4M, double that of 2012. Chief Content Officer Ted Sarandos' salary will go to $2.2M in 2013 from $1M this year. (via footnoted)
    | Dec. 30, 2012, 7:57 PM | 1 Comment
  • Dec. 28, 2012, 12:58 PM

    The passage of a bill that will enable the sharing of Netflix (NFLX) video-watching activity on Facebook came at a price to Netflix: the company has spent over $1M on lobbyists over the last 2 years, and has also created its own PAC. Expect Netflix to now shift its lobbying efforts to the upholding of net neutrality in the face of ISPs unhappy with the online video provider's bandwidth-hogging ways.

    | Dec. 28, 2012, 12:58 PM | 1 Comment
  • Dec. 26, 2012, 2:47 PM

    With the House and Senate having both passed a bill that will allow a user's rental history to be shared online (all that's left is for Pres. Obama to sign), Netflix (NFLX) says it will introduce "social features" to U.S. users in 2013. Canadian and Latin American subscribers already have the ability to share their Netflix viewing activity over Facebook. (previous)

    | Dec. 26, 2012, 2:47 PM
Company Description
Netflix, Inc. operates as an Internet subscription service company, which provides subscription service streaming movies and TV episodes over the Internet and sending DVDs by mail. The company operates its business through three operating segments: Domestic streaming, International streaming and... More
Sector: Services
Industry: Music & Video Stores
Country: United States