Netflix


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.
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Netflix up as quarterly streaming numbers hit two billion
 hours

Netflix shares were up sharply yesterday after the company said that streaming figures among its US customers were significantly above expectations.
 The content streaming and delivery company reported that two billion hours of content were streamed in the final three months of 2011, almost twice the amount analysts were forecasting. The US-listed company’s stock, which […]

Netflix signs BBC deal for UK service

Netflix has signed a content deal with BBC Worldwide that will bring various programming from the public broadcaster to its streaming platform when it launches in the UK and Ireland next year. Financial terms of the deal are not being disclosed but Netflix said that BBC shows including Torchwood, Spooks, Little Britain and Fawlty Towers […]

Verizon could acquire Netflix

Verizon is reportedly considering a plan to acquire online video service Netflix as it looks to enter the video streaming market. The move, which was first reported via investor research firm Dealbreaker, would be a hugely significant development in the online video market and comes after a tough few months for Netflix, which abandoned plans […]