Netflix, Inc.

News and overview for Netflix, Inc.

On the Call: Netflix CEO Reed Hastings
San Diego Union-Tribune | 31 days 11 hours 59 minutes ago
Most of Netflix Inc.'s 11.1 million subscribers still get at least one DVD through the mail each month, but a growing number are spending more time watching an Internet streaming service that the company introduced in 2007.


Growth opportunity sparks Netflix rally
Boston Globe, The | 30 days 2 hours 20 minutes ago
Investors shook off concerns about DVD-by-mail pioneer Netflix Inc.’s rising expenses and focused on an upcoming deal that is expected to bring in a wave of new subscribers. The spree was spurred by the growth potential of Netflix’s supplemental service for streaming video over high-speed Internet connections. Analysts quickly concluded Netflix has probably arranged to stream video through Playstation 3 or Wii.


Netflix CEO Reed Hastings doesn't see enough demand to unbundle Internet streaming from DVDs -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 31 days 12 hours 46 minutes ago
Most of Netflix Inc. 's 11.1 million subscribers still get at least one DVD through the mail each month, but a growing number are spending more time watching an Internet streaming service that the company introduced in 2007.


Netflix, studios discuss sale-only DVD plan
Boston Globe, The | 30 days 8 hours 26 minutes ago
SAN FRANCISCO - Hollywood studios are considering a “sale-only’’ window for new DVDs that would delay consumers’ access to rent new titles, said Reed Hastings, Netflix Inc. chief executive.


Netflix adds 510,000 more customers as DVD-by-mail service delivers another strong quarter -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 31 days 16 hours 55 minutes ago
LOS GATOS, Calif. (AP) — Netflix 's third-quarter earnings again showed the DVD-by-mail service remains a popular attraction among consumers looking for affordable home entertainment.


Ahead of the Bell: Netflix third-quarter earnings
Forbes | 32 days 2 hours 54 minutes ago
LOS GATOS, Calif. -- DVD-by-mail pioneer Netflix Inc. is expected follow a familiar script when it releases its third-quarter earnings Thursday.


Netflix streaming coming to Playstation 3
Newsday (Long Island, N.Y.) | 27 days 7 hours 4 minutes ago
Photo credit: PR NEWSWIRE/ | Beginning soon, Netflix members can instantly watch movies and TV episodes streamed to TVs via the Playstation(R)3 computer entertainment system. (PRNewsFoto/Netflix, Inc.)


Movie streaming from Netflix coming to PlayStation 3
Tampa Tribune (Fla.), The | 27 days 9 hours 15 minutes ago
PlayStation 3 owners soon will be able to stream movies and TV shows from Netflix to their TVs using the gaming console, just as Xbox 360 owners have been able to do for a year.


Commentary: Temptation and the Netflix bandit
CNN | 35 days 14 hours 12 minutes ago
It isn't exactly the crime of the century.


Netflix's $200 million senior notes offering priced at par; expected to close Friday
Hartford Courant (Conn.), The | 19 days 17 hours 21 minutes ago
LOS GATOS, Calif. (AP) — Netflix Inc. 's senior notes offering was priced at par Tuesday.


First-Ever Report on How Brand Marketers Are Succeeding With Mobile Advertising Released [Press Release]
PRNewswire | 24 days 22 hours 28 minutes ago
...of sites and applications (many exclusive) deliver superior results. Leading companies including P&G, Ford, NetFlix, Time Inc., Visa, Disney and the NFL partner with Quattro Wireless because the company has turned the art of engaging and...


Sony partners with Netflix to stream movies on PS3
Forbes | 28 days 9 hours ago
* No add'l cost to PS3 users subscribed to Netflix * Battle escalates with Microsoft ( MSFT - news - people )'s Xbox 360


James Cash to Retire From Microsoft Board of Directors [Press Release]
PRNewswire | 72 days 18 hours 26 minutes ago
...Raymond V. Gilmartin, former chairman, president and chief executive officer of Merck & Co. Inc.; Reed Hastings, founder, chairman and CEO of Netflix Inc.; Maria M. Klawe, president, Harvey Mudd College; David F. Marquardt, general partner...


Blockbuster to combine dual shares
Yahoo! | 1 day 3 hours 59 minutes ago
LOS ANGELES (Reuters) – Blockbuster Inc said on Friday that it would change its stock structure in a move the beleaguered U.S. movie rental chain said will improve liquidity.





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Company Overview


Company: Netflix, Inc.
Industry: Music, Video, Book & Entertainment Retail
Website: http://www.netflix.com

In a blend of technologies from multiple eras, Netflix steers couch potatoes away from the video store and straight to the mailbox. Its Web site (Netflix.com) offers DVD rentals (100,000-plus titles) to more than 10 million subscribers for a monthly fee. The movies are delivered to customers the old-fashioned way: through the US Postal Service. Netflix does not charge late fees or have due dates, and the company's service employs user ratings to predict individual preferences and make movie recommendations. Netflix has a network of distribution centers in major US cities. An agreement with TiVo allows TiVo customers with its latest DVR models to tap an online Netflix library of some 12,000 movies and TV shows.


Key Numbers

Sales in U.S. Dollars (mil.) 1,364.7 (2008)
One-year % Growth in Sales 13.2 (2008)
Net Income in U.S. Dollars (mil.) 83 (2008)
One-year % Growth in Net Income 24.0 (2008)
Number of Employees 1,644 (2008)
One-year % Growth in Number of Employees -38.4 (2008)
Fiscal Year-End December