Seeking Alpha

Netflix, Inc. (NFLX)

  • Jul. 16, 2012, 11:38 AM
    BSkyB (BSYBY.PK) will challenge Amazon's (AMZN -0.5%) LoveFilm and Netflix (NFLX -1.5%) in the U.K. with a standalone Internet service that will cost subscribers £15 ($23) a month for digital content. The company maintains that it's not worried about cannibalizing its pay TV subscriber base or setting itself up to see more cord cutting in a common theme that's also being heard on this side of the pond from networks and providers.
    | Jul. 16, 2012, 11:38 AM | 2 Comments
  • Jul. 16, 2012, 10:56 AM
    MobiTV, a provider of subscription-based live TV services for mobile devices, is cancelling plans for a $75M IPO it filed for last summer. The company blames "unfavorable market conditions," but those conditions haven't stopped Palo Alto Networks, Gigamon, and others from filing. A more likely explanation: MobiTV is worried about a cold reception given concerns about competition from Netflix, YouTube, and many other mobile video providers. Qualcomm can sympathize.
    | Jul. 16, 2012, 10:56 AM | Comment!
  • Jul. 12, 2012, 2:03 PM
    Comic-Con officially begins today in San Diego with more fanfare than usual. Though it's typically fodder for late night comedians, the dominance at the movie box office this year of the Incredible Hulk, Spider-Man, Batman, and the rest of the crew increases the profile of the annual event. Though movie-producers Disney (DIS +0.7%), Time Warner (TWX -2.5%), and Sony (SNE +0.5%) are still the heavyweights at the confab, Internet players Hulu and Netflix (NFLX +2.1%) are also attending to take the pulse for what original content might take off.
    | Jul. 12, 2012, 2:03 PM | 1 Comment
  • Jul. 12, 2012, 11:04 AM
    Netflix (NFLX +0.4%) sees an increase in the number of susbcribers who prefer to use its service for TV viewing up to 19%, from 12% last year, according to data from Nielsen. The trend makes sense given that its customers can "binge watch" multiple programs per session and the company rapidly expanded its library of content. The news also dovetails nicely with a number of disrupting flareups in the cable/satellite/network front that don't hurt Netflix a bit.
    | Jul. 12, 2012, 11:04 AM | Comment!
  • Jul. 11, 2012, 7:12 PM
    CNET's Greg Sandoval provides a behind-the-scenes look at Netflix's (NFLX) fall from grace, Qwikster debacle and all. The problems started, Sandoval suggests, with the departure of CFO Barry McCarthy and PR chief Ken Ross, who had played pivotal roles in Netflix's rise. After their exits, Reed Hastings' tunnel vision regarding online streaming, which blinded him to customer devotion to Netflix's much larger DVD rental library, took care of the rest.
    | Jul. 11, 2012, 7:12 PM | Comment!
  • Jul. 11, 2012, 10:49 AM
    What could be better for Internet content providers such as Hulu and Netflix (NFLX +3.1%) than a bitter battle between satellite companies, cable outlets, and broadcast networks over fees that escalates to the point that major networks actually go dark? The answer of course is higher ratings, but a cannibalization of pay-TV companies is a decent start. (Ongoing battles: Dish Network, DirecTV, Time Warner).
    | Jul. 11, 2012, 10:49 AM | 2 Comments
  • Jul. 9, 2012, 9:20 AM
    Netflix (NFLX) +1% on a favorable Barron's write-up. The paper notes Reed Hastings' recent comments about Netflix users streaming 1B hours of video in June, and expects shares to continue last week's rally on account of growing online video viewing.
    | Jul. 9, 2012, 9:20 AM | 1 Comment
  • Jul. 9, 2012, 7:43 AM
    Netflix (NFLX) CCO Jonathan Friedland says the company has made progress in Brazil, but some challenges remain in place. The company has seen criticism in the nation for the quality of its streaming service and the depth of titles available for consumers.
    | Jul. 9, 2012, 7:43 AM | Comment!
  • Jul. 6, 2012, 9:51 AM
    The rally in shares of Netflix (NFLX +2.9%) keeps motoring right along even against a weak tape. The buying frenzy was started by a Facebook post by CEO Reed Hastings on the company's tally of streaming hours by customers, but questions on whether or not Hastings skirted SEC Regulation FD with his bravado are starting to crop up.
    | Jul. 6, 2012, 9:51 AM | 3 Comments
  • Jul. 5, 2012, 1:14 PM
    The sudden rise in Neflix (NFLX +13.5%), up over 19% for the week, is starting to look overdone to a horde of skeptics. The question of the day on NFLX: Does an anecdotal Facebook post about streaming hours translate into paid subscriber growth?
    | Jul. 5, 2012, 1:14 PM | 2 Comments
  • Jul. 5, 2012, 10:14 AM
    Netflix (NFLX +8.5%) extends Tuesday's rally as bulls go long and bears cover following positive sell-side commentary, and a Facebook post from Reed Hastings claiming Netflix's monthly viewing topped 1B hours in June. BTIG's Richard Greenfield estimates this translates into 80 minutes of viewing per subscriber, a level that puts Netflix on par with leading cable networks.
    | Jul. 5, 2012, 10:14 AM | 1 Comment
  • Jul. 3, 2012, 12:58 PM
    Netflix (NFLX +6.3%) surges thanks to a bullish note from Citi's Mark Mahaney, who points out the company now trades at a valuation of just 12x the earnings of its domestic ops (ed: the international business is losing money, and including it would produce a higher multiple). Mahaney also claims recent customer surveys reflect favorably on Netflix. 26% of Netflix's float was shorted as of June 15.
    | Jul. 3, 2012, 12:58 PM | Comment!
  • Jun. 30, 2012, 3:50 PM
    Amazon Web Services (AMZN) witnesses a giant outage thanks to the storms that hit the East Coast last night. The outage affected Netflix (NFLX), Instagram, Pinterest, and many other clients. It's the second time AWS has gone down in June, and, together with a Thursday (CRM) outage, drives home the reliability concerns some enterprises still have about cloud services. The outage comes days after Google (GOOG) launched a rival cloud infrastructure platform.
    | Jun. 30, 2012, 3:50 PM | 5 Comments
  • Jun. 29, 2012, 11:19 AM
    Hollywood studios could see a boost in revenue in China after nearly being frozen out in the past with a new streaming service that is set to launch in China later this year run by state-owned China Movie Channel. Although it can be expected that the titles made available to consumers in the nation will be closely monitored - for DIS, LGF, VIAB, SNE, TWX, and CMCSA - a cut of something is better than a cut of nothing. Left on the outside looking in: NFLX.
    | Jun. 29, 2012, 11:19 AM | 2 Comments
  • Jun. 25, 2012, 2:51 PM
    The DoJ has requested information from DirecTV (DTV -1.5%) and Dish Network (DISH -4.5%) about pricing contracts with TV networks as part of its wider probe into whether or not cable companies are pressuring programmers to set pricing that intentionally squeezes online content providers such as Netflix (NFLX -0.5%) and Hulu. (Related: Cable companies contend they run their own "private" Internet)
    | Jun. 25, 2012, 2:51 PM | Comment!
  • Jun. 25, 2012, 7:06 AM
    Janney Montgomery Scott upgrades Netflix (NFLX) to Neutral from Sell as analysts identify a more positive risk/reward profile on the name with shares trading lower. Analysts now see $67 on NFLX as fair value, with long-term headwinds still in place to hold down upside potential.
    | Jun. 25, 2012, 7:06 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