Seeking Alpha

Netflix, Inc. (NFLX)

  • Dec. 8, 2011, 7:41 AM
    The Netflix-like (NFLX) online video service Verizon (VZ) is reportedly working on will be launched in May in partnership with Coinstar's (CSTR) Redbox, claims TechCrunch. Internally called Project Zoetrope, the service will feature both streaming and downloading, and will support a variety of devices. Unlike Netflix, subscription pricing will be based on "credits" rather than all-you-can-eat usage.
    | Dec. 8, 2011, 7:41 AM | 5 Comments
  • Dec. 7, 2011, 11:11 AM
    Netflix (NFLX +3.8%) rallies after the House passes a bill allowing its videos to be shared through social networking sites. Meanwhile, Reed Hastings' colorful comments at a UBS conference are still making waves. Among other things, Hastings said he was previously convinced Netflix shares would soon reach $1,000, and compared his company's content-purchasing moves to the "Moneyball" tactics of the Oakland A's.
    | Dec. 7, 2011, 11:11 AM | 10 Comments
  • Dec. 6, 2011, 4:32 PM
    "The competitor we fear most is HBO Go," claims Netflix's (NFLX -2.8%) Reed Hastings. While dismissing competition from Amazon (AMZN), Hulu, and Verizon (VZ), Hastings is impressed with HBO's online video platform, and sees it becoming the core of its offerings. Separately, Time Warner (TWX) CEO Jeff Bewkes says HBO Go users view 30%-50% more content than non-users. (earlier)
    | Dec. 6, 2011, 4:32 PM | Comment!
  • Dec. 6, 2011, 3:29 PM
    Verizon (VZ +1.2%) plans to launch a stand-alone service allowing customers to stream movies and television shows over the Internet, in a new challenge to Netflix (NFLX -1.9%) and traditional cable TV, Reuters reports. VZ is talking with prospective programming partners about the service, which could be launched in 2012.
    | Dec. 6, 2011, 3:29 PM | 1 Comment
  • Dec. 2, 2011, 3:35 PM
    IDC joins the ranks of those who see Netflix (NFLX) as takeover bait (I, II), speculating Microsoft could bid for the company next year. The firm also thinks: cloud business software firms such as Workday, Taleo (TLEO), and NetSuite (N) may get bought out; SAP will acquire Jive Software; 15% of new mobile apps will be HTML5-based by year's end; and overall IT spending will grow by a healthy 6.9% next year.
    | Dec. 2, 2011, 3:35 PM | Comment!
  • Dec. 1, 2011, 4:34 PM
    Some 2012 predictions from CNBC's Herb Greenberg: the start of a turnaround for J.C. Penney (JCP) under Ron Johnson; restructurings at Sears (SHLD) and Best Buy (BBY); K-Cup knockoffs proliferate as patents on Green Mountain’s (GMCR) K-Cups start expiring; Netflix (NFLX) is acquired by Facebook. That last one actually may have caused a late-day bump in NFLX shares.
    | Dec. 1, 2011, 4:34 PM | 2 Comments
  • Nov. 30, 2011, 5:14 PM
    Looking to bolster its flagging stock price, OpenTable (OPEN +9%) is announcing a $50M stock buyback program. Though in light of Netflix's (NFLX) buyback fiasco, it's worth asking whether this is the best asset-allocation choice for a growth company with only $61M in net cash and investments, and free cash flow of less than $40M over the last 12 months. (earlier)
    | Nov. 30, 2011, 5:14 PM | 7 Comments
  • Nov. 30, 2011, 2:47 PM
    Adding to Netflix's (NFLX -5.6%) woes today could be a Bernstein note suggesting cable operators such as CHTR and TWC might respond to the heavy bandwidth usage of Netflix customers by implementing usage-based Internet access billing. Bandwidth expenses only represent a small portion of broadband ISPs' operating costs, but they could prove a good excuse to make life more difficult for a competitor. (earlier)
    | Nov. 30, 2011, 2:47 PM | 1 Comment
  • Nov. 30, 2011, 9:56 AM
    Netflix (NFLX -3.1%) sees more selling pressure following a downgrade to Underperform from Wedbush. "The company's business model was broken when it raised prices," Wedbush claims, "and continued customer defections will require it to invest ever increasing amounts on marketing." It also forecasts Netflix's streaming content costs will rise to $1.7B in 2012, from $800M in 2011. (previously)
    | Nov. 30, 2011, 9:56 AM | 2 Comments
  • Nov. 29, 2011, 5:31 PM
    Netflix (NFLX -3.4%) CFO David Wells provides another mea culpa regarding his company's disastrous price hike, stating the move was (ironically) motivated by "business strategy" rather than "consumer strategy," and Netflix's unwillingness to grandfather old rates was a breaking of "social norms." Are the comments just more damage control, or is Netflix actually thinking of backtracking a little? (earlier)
    | Nov. 29, 2011, 5:31 PM | 10 Comments
  • Nov. 29, 2011, 2:11 PM
    Canaccord's Jeff Rath follows up on S&P's downgrade of Netflix (NFLX -3.3%) by reiterating a Sell on the company, arguing the company's massive capital needs will continue weighing on shares. Rath thinks losses for Netflix's international operations could exceed $100M in Q1 alone, and content purchase costs will exceed the amortization expenses reported on Netflix's income statement.
    | Nov. 29, 2011, 2:11 PM | Comment!
  • Nov. 29, 2011, 11:54 AM
    A law passed in the wake of Supreme Court nominee Robert Bork's failed attempt to land on the high court astonishingly gets in the way of allowing Netflix (NFLX -5.1%) to publicize its service over 20 years later. After Bork's video rental records became public fodder, the Video Privacy Protection Act was enacted requiring written permission for firms to share video records. For Netflix and other media companies, the law takes away a free advertising tool of enabling users to share movies picks with Facebook friends or via Twitter with a single click.
    | Nov. 29, 2011, 11:54 AM | 1 Comment
  • Nov. 29, 2011, 11:01 AM
    Following a short-lived runup yesterday, Netflix (NFLX -5.1%) does an about-face and continues its descent after S&P cuts its already junk-grade credit rating by another notch to BB- late Monday. The ratings agency says the company's aggressive expansion plans are likely to hurt its profitability as its subscriber growth decelerates.
    | Nov. 29, 2011, 11:01 AM | Comment!
  • Nov. 28, 2011, 8:48 AM
    Netflix (NFLX) +5.3% premarket after a Barron's weekend article highlights Whitney Tilson's change of heart: The stock could become "the BP of 2011," he says, with a price that could double in a few months and whose downside is low. Shares are upgraded to Neutral from Negative at Susquehanna.
    | Nov. 28, 2011, 8:48 AM | 5 Comments
  • Nov. 25, 2011, 12:20 PM
    Internet stocks are selling off, with Netflix (NFLX -6.6%), LinkedIn (LNKD -3.8%), and Groupon (GRPN -4.3%) all adding to their recent bloodletting. Amazon (AMZN -3.8%) and eBay (EBAY -1.3%) are also moving lower, in spite of positive Thanksgiving e-commerce data.
    | Nov. 25, 2011, 12:20 PM | 2 Comments
  • Nov. 23, 2011, 3:58 PM
    Investors usually cheer when a tech company announces a stock buyback, but does that mean they're always good ideas? Netflix (NFLX), which bought shares at much higher prices than the price it now plans to issue them at, is an egregious example of a misguided buyback, but others also exist. H-P (HPQ), for example, might not be contending with balance sheet concerns if not for its billions in buybacks.
    | Nov. 23, 2011, 3:58 PM | Comment!
Visit Seeking Alpha's
NFLX vs. ETF Alternatives
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