Netflix


Netflix beating US pay TV VOD, says study

Netflix’s US subscribers watched 80% more streaming video hours in the fourth quarter of last year than were viewed on all pay TV video-on-demand systems taken together, according to a study by research group TDG. TDG said that pay TV operators’ lack of attention to advertising-supported VOD meant that total VOD use still represented only […]

Netflix suffers as key content deal lapses and competition ramps up


Netflix’s share price has suffered a sharp decline in recent days as market watchers prepare to see the impact of it losing a key programming deal and following a downgrade from investment bank Raymond James. The content streaming and delivery company’s deal with Starz for TV series and movies lapses this week just as the […]

Netflix in Playstation Vita launch

Online video service Netflix is to launch via new computer game console Playstation Vita after striking a deal with its parent company Sony. The move will make Netflix’s streaming service available via the handheld console, which is the successor to the Playstation Portable. The agreement will initially cover Netflix’s subscribers in the United States, Canada […]

Netflix inks content deal with the Weinsteins

Netflix has inked a programming deal with the Weinstein Group. The content streaming and delivery service’s deal with the movie producer and distributor gives it access to a raft of features including The Artist, which will now debut on Netflix ahead of premium cable in the US. The multiyear deal also gives US-listed Netflix Weinstein’s […]

Hulu and Netflix examine Russian market

Executives from streaming services Hulu and Netflix have met with Russian content owners and technical companies with a view to launching in the country, according to Russian newspaper Vedomosti. It says that Hulu’s senior vice-president, Johannes Larcher, was in the country attending these meetings and assessing the demand for streaming services. It added that the […]

Netflix sees international growth, UK launch “very successful”

Online video streaming service Netflix added 1.35 million international subscribers in the last twelve months. This comes after launches across  Latin America and the UK and Ireland and means that the company has a total of 1.86 million international streaming subscribers. “Our UK and Ireland launch at the beginning of the month was very successful, […]

Netflix shares plunge on fears over growth plans

Netflix shares plunged yesterday after a number of analysts warned that the company’s growth plans, particularly internationally, will see further losses. The online streaming firm and DVD rental service saw shares drop by 6% from US$100 (€77) to US$93.96 after Wedbush Securities analyst Michael Pachter and Sterne Agee analyst Arvind Bhatia released notes on the […]

Netflix searching for new marketing boss

Netflix is searching for a new marketing boss after veteran chief marketing officer Leslie Kilgore was moved to non-executive director of the Netflix board. Jessie Becker, who was previously vice-president, marketing, will become chief marketing officer on an interim basis, while the company conducts an external search. Kilgore has been with Netflix for the last […]

Netflix facing class action lawsuit

US movie rental service Netflix is facing a lawsuit filed in California accusing execs of misleading investors about the declining fortunes of the company’s streaming business, whilst gaining $90 million (€71 million) in stock when shares were at their highest. The class action lawsuit claims execs made “materially false and misleading statements regarding the company’s […]

Netflix launches in the UK and Lovefilm responds

Netflix has launched a TV series and film streaming service in the UK, its first roll out outside the Americas. Netflix will cost UK customers £5.99 (€7.25) a month and rival streaming service Lovefilm immediately responded with an introductory £4.99 (€6) a month streaming deal, heralding the prospect of a price war between the two.
 […]