Sep. 3, 2013, 6:15 PM
- On Oct. 14, Netflix (NFLX) will begin streaming a 70-minute comedy special featuring content from a Sydney, Australia show given by Russell Peters during his "Notorious" world tour, as well as a 4-part documentary about the tour called Russell Peters vs. the World. (PR)
- Reed Hastings mentioned in Netflix's Q2 shareholder letter the streaming giant plans to add documentaries and stand-up comedy shows to its arsenal of original content.
- Other recent content deals: Weinstein Co., Scholastic
Aug. 26, 2013, 2:32 PM
- Short Hills Capital's Stephen Weiss: "You take a look at Tesla. You take a look at Netflix. You take a look at Green Mountain Coffee. If you've got momentum, you're going to go a lot higher." Words of wisdom, or a reason for bulls to be cautious?
- Facebook (FB +2.3%) is adding to the gains it saw on Friday following positive numbers from comScore and ITG Research.
- Netflix (NFLX +3%) has been lifted lately by strong ratings for Breaking Bad (first-run U.K./Ireland rights), and a major deal with The Weinstein Co.
- There are also rumors Microsoft might try to buy Netflix to make (ex-board member) Reed Hastings Steve Ballmer's replacement, but the notion Microsoft will acquire a $16.9B company (a buyout premium could make it $20B+) just to get a new CEO should probably be taken with a spoonful of salt.
Aug. 21, 2013, 10:12 AM
- Netflix (NFLX -1.3%) is replacing its traditional Instant Queue with My List, a scrolling list of user-selected titles that appears near the top of Netflix's cover image-heavy home page.
- Whereas the contents of an Instant Queue are manually sorted by users, videos added to My List are sorted by an algorithm that guesses what content a user is mostly likely to watch.
- The feature is being rolled out to both U.S. and international users. The latter group hasn't had Instant Queues to work with, and instead has been completely dependent on the personalized recommendations delivered on Netflix's home page.
- Netflix recently added support for multiple user profiles per account.
Aug. 21, 2013, 9:32 AM
- AIG remains the "king of the hedge fund castle" writes ValueWalk, as Goldman's latest Hedge Fund Monitor shows 69 funds have the stock in their top 10 holdings as of June 30, ahead of #2 Google (GOOG) at 65 and #3 Apple (AAPL) at 50. The percent of equity cap owned by hedge funds is 14% for AIG, as opposed to negligible amounts for both Google and Apple.
- Based on percent of equity cap owned by hedge funds, Charter Communications (CHTR) is the #1 hedge fund hotel at 37%. Among S&P 500 stocks, J.C. Penney at 36%, Constellation Brands (STZ) at 30% and H&R Block (HRB) at 26% lead the way. The average for the entire S&P 500 is 5%.
- Goldman's basket of 20 "Most concentrated" hedge fund stocks has outperformed the S&P 500 by nearly 1200 bps YTD. Since 2001, the strategy has outperformed the S&P 69% of the time and by an average of 263 bps per quarter. In addition to the earlier-mentioned names there's: AN, VRSN, FDO, THC, CBG, GT, NFLX, TRIP, LYB, WPX, MSI, BEAM, DLTR, ZTS, WYN, LM, ETFC.
Aug. 20, 2013, 11:20 AM
- ITG estimates Netlfix (NFLX +2.7%) Q3 domestic revenue is tracking towards $917M-$922M, favorable to a $918M consensus. Domestic streaming revenue is said to be tracking towards $699M, in-line with consensus; this suggests upside is provided by Netflix's declining DVD business.
- Shares are rallying towards their 52-week high of $270.31, thanks largely to the Weinstein deal announcement. In addition to trumpeting the deal's importance, Weinstein says it's "discussing ways to reinvent the pay TV experience so that [Netflix's] audience can get even more for their money."
Aug. 20, 2013, 9:34 AM
- Starting in 2016, Netflix (NFLX) will be "the exclusive U.S. subscription television service" for first-run films from The Weinstein Company. Netflix subs will receive access to theatrically-released Weinstein films "instantly in the pay-TV window." (PR)
- As its IMDB page demonstrates, Weinstein has backed a number of popular films in recent years, including Django Unchained and Silver Linings Playbook. It's currently working on Kill Bill: Vol 3 and Crouching Tiger Hidden Dragon II, among other projects.
- Harvey Weinstein: "The deal that we've just completed with Netflix is probably the biggest deal in the history of The Weinstein Company."
- Previous: Netflix strikes kids' content deal with Scholastic
Aug. 15, 2013, 2:19 PM
- Popular Scholastic (SCHL -0.9%) The Magic School Bus and Goosebumps will be available to Netflix (NFLX -3.5%) subs in the U.S. and international markets. Titles based on popular books in the Scholastic Storybook Treasuries line will also be provided.
- The Magic School Bus (seasons 1-4) will be a Netflix online exclusive.
- Netflix recently let a Viacom deal covering popular kids' shows lapse. But the streaming giant has since reached deals to add shows from Disney and PBS, and original content from Dreamworks.
Aug. 13, 2013, 1:39 PM
- Netflix (NFLX +1.8%) has rallied over the last two days, after the second half of season 5 of Breaking Bad premiered on AMC (AMCX +0.8%) to 5.9M U.S. viewers (per Nielsen) and plenty of social media buzz. AMC shares have also received a lift.
- Netflix has first-run rights to the TV series, which is in its final season, in the U.K. and Ireland. Local Netflix subs can watch new episodes the day after they broadcast in the U.S. American subs have access to older episodes (the first half of season 5 was recently added).
- Netflix reported 610K international net subscriber adds for Q2, near the high end of its guidance range of 160K-710K. 550K-1.25M international net adds are expected in Q3.
Aug. 6, 2013, 2:11 PM
- Marco Polo will follow the 13th-century adventurer's travels to China, and will be written and co-produced by veteran scrreenwriter John Fusco.
- Look for Netflix (NFLX +0.2%) to release a 9-part series in 2014.
- Netflix announced in its Q2 shareholder letter it plans to expand its original content lineup to include documentaries and stand-up comedy shows.
- Previous: Netflix launching original Brazilian series.
Aug. 6, 2013, 11:38 AM
- Netflix (NFLX +0.1%) has taken its first steps toward creating original content outside the U.S. with The Burrow set to debut in Brazil, according to BTIG's Rich Greenfield.
- Though the company found its early days in Brazil "challenging," the market has improved and NFLX users consumed more than a million hours of content last year in the nation.
Aug. 5, 2013, 1:41 PM
- A collapse of the bundled channel model would seemingly leave program providers such as Viacom (VIAB), Discovery Communications (DISCA), Scripps Networks (SNI), and AMC Networks (AMCX) out in the wild as fees could rise and fall more abruptly as hit shows come and go.
- Disney's (DIS) claims nothing could knock ESPN off its high horse (and high carriage fees) - but with NBC (CMCSA), 21st Century Fox (FOXA), and CBS (CBS) needing high-profile sports events on their schedule, the cost of future licensing deals could soar.
- Don't forget about Netflix (NFLX). Along with +30M subscribers in the U.S., even old-school cable stalwart Dolan admits he is a fan of the streaming service. Disruption in the cable/satellite market could lead to some cord-cutting and extra subscriptions for Netflix and Amazon (AMZN) Prime.
Aug. 1, 2013, 8:34 AM
- Netflix (NFLX) adds new features to its service that will allow users to connect directly to their Facebook account and receive personal recommendations from friends.
- The feature will allow families (or groups) sharing an account to have separate profiles and movie queues for up to five members.
- The add-ons are nothing earth-shattering from the company, but could be a subtle shift away from sharing movie-related preferences on Facebook to Netflix.
Jul. 29, 2013, 9:55 AM| 3 Comments
Jul. 26, 2013, 4:51 PM
Jul. 26, 2013, 8:42 AMIronical media twist of the day: A scan of the CBS (CBS) homepage over the last few days reveals prominent display ads for the new Netflix (NFLX) series Orange is the New Black. It wasn't that long ago that Netflix had to take table scraps from old media, but now the streaming service provides enough revenue for the group that it can flex its muscles a bit. (h/t BTIG's Rich Greenfield) | 2 Comments
Jul. 24, 2013, 1:22 PMGoogle (GOOG -0.1%) follows up on the Nexus 7/Android 4.3 launches by: 1) Launching Chromecast, a $25 HDMI dongle that allows video to be streamed from PCs and mobile devices to TVs. Though Chromecast's feature set is limited, its price undercuts Roku, Apple TV, and most other Web streaming boxes. 2) Stating Netflix (NFLX -2.4%) is an initial Chromecast content partner (3 free months with a purchase), and that 1080p Netflix streams will finally be available on Android (via 4.3). 3) Adding textbook purchases/rentals to Google Play. 4) Launching an iOS Game Center-like service for Android called Play Games. Also: Google predicts Android tablet activations will top 70M by year's end; cumulative iPad sales have passed 150M. | Comment!
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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.
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