Netflix, Inc.

News and overview for Netflix, Inc.

Washington man who refused late Netflix shipment sues Postal Service over firing -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 10 hours 1 minute ago
SPOKANE, Wash. (AP) — A former postal supervisor who says he was fired for refusing a late shipment of Netflix DVDs in Spokane is suing the Postal Service.


Netflix movie streaming coming to PlayStation 3
San Diego Union-Tribune | 29 days 14 hours 3 minutes ago
FILE - In this July 23, 2009 file photo, Netflix customer Arthur Michelson poses with the "Frost Nixon" DVD in Palo Alto, Calif.


Netflix to offer service through PS3
Boston Globe, The | 28 days 21 hours 20 minutes ago
Netflix Inc. will make its online video rental service available through Sony Corp.’s PlayStation 3 console, the second game device to tie in with the retailer.


PlayStation 3 to add Netflix streaming service starting in November
Sun (Baltimore), The | 30 days 2 hours 11 minutes ago
PlayStation 3 owners will soon 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.


Roku 'Store' Opens With 10 Channels
Cable Digital News | 14 hours 9 minutes ago
Roku Inc. is booting up a new "Channel Store" with 10 free channels, but the firm, which already distributes programming from Netflix Inc. , Amazon.com Inc. (Nasdaq: AMZN), and Major League Baseball, lacks fare from a major broadcast or cable programmer in the new offering. (See Roku 'Channel Store' Is Open.)


Netflix CEO Reed Hastings doesn't see enough demand to unbundle Internet streaming from DVDs
Sun (Baltimore), The | 33 days 6 hours 6 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.


On the Call: Netflix CEO Reed Hastings
San Diego Union-Tribune | 33 days 6 hours 10 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 | 31 days 20 hours 31 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.) | 33 days 6 hours 57 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 | 32 days 2 hours 37 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.) | 33 days 11 hours 6 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 | 33 days 21 hours 5 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.


Virgin Presses 'Play' on TiVo
Cable Digital News | 1 hour 45 minutes ago
TiVo Inc. (Nasdaq: TIVO) is taking its partnership act to the U.K. in a big way, notching a deal to develop a next-generation TV platform for Virgin Media Inc. (Nasdaq: VMED) that will include broadband-fed video services and applications.


Netflix streaming coming to Playstation 3
Newsday (Long Island, N.Y.) | 29 days 1 hour 15 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 | 29 days 3 hours 26 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.





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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