Netflix, Inc.
News and overview for Netflix, Inc.
Sony partners with Netflix to stream movies on PS3
Forbes | 29 days 10 hours 33 minutes 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 | 73 days 19 hours 59 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 Class A and B stock
Dallas Morning News, The | 1 day 56 minutes ago
Blockbuster Inc. said late Friday it plans to combine its Class A and Class B common shares after receiving notice its stock didn't comply with the New York Stock Exchange's listing standards.
Roku Adds 'Channels' App Store to Set-tops - Reviews by PC Magazine
PC Magazine | 23 hours 24 minutes ago
Recently, Roku announced two additions to its line of video-streaming players. On Monday, Roku added the Roku Channel Store to all three boxes, providing the Roku set-tops the equivalent of an app store with ten new "channels".
Netflix Inc. (NFLX) Initiated Coverage Alert, Watch for 45% Technical Uptrend Continuation
Investor's Business Daily | 6 days 23 hours 31 minutes ago
Nov 17, 2009 (SmarTrend(R) Spotlight via COMTEX) -- Netflix Inc. (NFLX) initiated as Buy at Collins Stewart. The stock closed yesterday at $59.46 on volume of 1,146,500 shares, below average daily volume of 1,396,155.
Netflix to Stream to Sony PS3
Cable Digital News | 29 days 1 hour 24 minutes ago
FOSTER CITY and LOS GATOS, Calif. -- Sony Computer Entertainment America Inc. (SCEA) and Netflix, Inc. (NASDAQ: NFLX) today announced that they are joining forces to make thousands of movies and TV episodes from Netflix available to be streamed instantly to TVs via the PlayStation®3 (PS3?) computer entertainment system. Netflix expects to begin streaming via the PS3 system next month at no additional cost to Netflix members in the United States who have a PS3 system.
Netflix movies will soon play on PlayStation game consoles
Internet Retailer | 27 days 20 hours 7 minutes ago
Netflix movies will soon play on PlayStation game consoles Netflix Inc. announced today that starting next month it will be able to stream movies and TV shows to the popular Sony PlayStation 3 game console. The PS3 is the latest in a growing list of devices that can connect to the Netflix system and allow consumers to instantly watch content available at Netflix.com. There are nearly 9 million of the PlayStation 3 game consoles in the homes of U.S. co...
Netflix 3Q earnings rise 48 pct, but stock falls by The Associated Press
National Public Radio | 32 days 16 hours 33 minutes ago
Netflix Inc. has been doing so well during the recession that it's getting tougher for the DVD-by-mail pioneer to live up to investors' lofty expectations.
Netflix Shares Up After 3Q Report, Co. Raises Forecasts >NFLX
Wall Street Journal, The | 28 days 17 hours 41 minutes ago
Analysts had generally positive reactions Friday to third-quarter results reported by Netflix Inc. (NFLX), sending the online DVD rental pioneer's shares up 12% Friday.
Blockbuster to combine dual shares
Yahoo! | 2 days 12 hours 37 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.
Blockbuster plans to combine Class A and B stock
BusinessWeek | 1 day 22 hours 56 minutes ago
BW Extras
UPDATE: Netflix 3Q Net Up 48%; Subscribers, Gross Margin Grow
Wall Street Journal, The | 28 days 20 hours 39 minutes ago
(Updates throughout with details, share price, CEO comments.) DOW JONES NEWSWIRES Netflix Inc.'s (NFLX) third-quarter earnings grew a better-than-expected 48% as subscriptions and gross margin both gained.
Netflix reports 48% profit jump, lifts forecasts
Investor's Business Daily | 32 days 12 hours 13 minutes ago
CHICAGO (MarketWatch) -- Online DVD rental pioneer Netflix Inc. said Thursday that its third-quarter profit rose 48% on greater subscriptions to its services, with the company raising its subscriber and revenue forecasts for the fourth quarter and full year.
Bull run on Wall Street largely passes by e-commerce stocks
Internet Retailer | 6 days 19 hours 27 minutes ago
Bull run on Wall Street largely passes by e-commerce stocks The Internet Retailer Online Retail Index was up only .13% last week, while the broader market advanced by more than 2%. But for the year, the index of 25 e-commerce stocks remains ahead by 80%, far outpacing the market as a whole. Thirteen of the 25 stocks in the Online Retail Index advanced last week, led by online movie rental retailer Netflix Inc., while 12 declined. While e-commerce s...
Netflix Cuts Deal to Deliver Movies Over Sony PlayStation
Wall Street Journal, The | 29 days 9 hours 45 minutes ago
Netflix Inc. said it reached an agreement with Sony Corp. to deliver movies over the Internet to Sony's PlayStation 3 game consoles -- a deal that further expands the reach of Netflix's online video service to television sets.
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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 |
