Netflix raising US$400 million

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 […]

Netflix and Fox revive Arrested Development

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 strikes deal with Miramax for UK and Ireland

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 […]

Netflix confirms Lionsgate deal

Netflix announced a programming deal with US producer and distributor Lionsgate today for its soon-to-launch UK and Ireland service. The agreement, which gives the content streaming and DVD service exclusive rights to Lionsgate TV series and movies in the first pay TV window, was widely reported late last year, but only confirmed today.
The deal covers […]

Lovefilm releases first Android app

Movies-on-demand service Lovefilm has released its first app for Android devices. The app, which is available free of charge from the Android market, will offer movie trailers, the ability browse Lovefilm’s cataglogue of titles, read revenues and update and manage rental lists on the move. Lovefilm has already released similar apps for iPhone and Nokia […]

Netflix reportedly talking to ITV and Warner Bros for UK rights

Video streaming service Netflix is in advanced talks with UK broadcaster ITV with a view to making its library content available on its soon-to-launch UK and Ireland service, according to a UK press report. The report on the Guardian website also said that Netflix has also held discussions with Channel 4 and with Warner Bros.

Netflix strikes UK deal with MGM

Video streaming service Netflix has inked a deal with MGM that will give it exclusive rights to the studio’s content in the UK.
 Netflix’s UK and Ireland service will launch in early 2012 and the deal with MGM gives it exclusive rights to MGM content in the first pay TV window across TV, online, mobile […]

Netflix renews ABC streaming deal

US streaming and rental service Netflix has renewed its programming deal with US network ABC. The agreement, inked with ABC Television Group, allows Netflix to offer new and library shows from the network’s content arm, including every episode of Desperate Housewives, Grey’s Anatomy, Lost and Ugly Betty. It will also offer kids series from Disney […]

Lovefilm strikes Paramount deal for Germany

Digital streaming service and DVD rental firm Lovefilm has struck a deal with Hollywood studio Paramount Pictures in Germany. The deal will give Lovefilm subscribers the opportunity to stream Paramount Pictures’ releases during the first subscription TV window. It follows recent deals with Entertainment One and Studio Canal. The arrangement includes the Coen Brothers’ True […]

Netflix to halt international expansion after UK launch

US online video streaming service Netflix is halting its international expansion following large subscriber losses. 
 Chief executive Reed Hastings revealed the decision to curb its ambitions to extend global reach following confirmation of its launch in the UK and Ireland in 2012. 
The company ended September with 23.8 million subscribers in the US, a […]