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 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 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 […]
Video streaming service Netflix has extended the functionality of its Xbox service in the US and is launching it in Latin America. It has been optimised for Xbox and now allows users to select more TV series and movies on screen, new interactive options and support for titles in high-definition. The Xbox service has also […]
UK pay TV operator BSkyB says that the Competition Commission should include online content providers such as LoveFilm and Netflix. The Commission is investigating the market for pay TV movies in the UK and whether Sky has a dominant position. Sky says it has neglected to include the online services already present in the UK […]
Online streaming service Netflix is to spend up to US$300 million (€223 million) on original content as it ramps up competition with premium broadcasters including HBO. Netflix CEO Reed Hastings told the annual UBS Media and Communications conference in New York that it would ramp up original production following the commission of series including David […]
Online video streaming service Netflix has struck a deal with Nintendo that will see a raft of kids content roll out on its Wii gaming console. The move will see Netflix’s Just For Kids block available in the United States and Latin America. Netflix added that it was also in talks with Sony to bring […]
Netflix is raising US$400 million (€296 million) in cash and said it will return to profitability after its UK and Ireland launch next year. The US-listed streaming and rental service is selling a chunk of stock to T Rowe Price Associates, accounting for half of the capital being raised. The other half will come from […]
Video streaming and delivery service Netflix is teaming with Fox to bring back comedy series Arrested Development. The half-hour single-camera comedy, starring Jason Bateman and Will Arnett among others, ran on the US Fox network from November 2003 to February 2006 and had a cult following but small ratings numbers. Twentieth Century Fox Television and […]
Netflix has struck a deal with Miramax to make Miramax titles available on its forthcoming service in the UK and Ireland. Titles that will be available on the Netflix service in the UK and Ireland, in addition to movies already available in the US and Latin America, will include The Aviator, Bad Santa, The Boy […]
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