Netflix, Inc.

News and overview for Netflix, Inc.

Blockbuster to combine dual shares
Yahoo! | 2 days 12 hours 2 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 to combine Class A and B stock
Dallas Morning News, The | 1 day 10 hours 18 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 | 1 day 8 hours 46 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".


Blockbuster plans to combine Class A and B stock
BusinessWeek | 2 days 8 hours 18 minutes ago
BW Extras


UPDATE: Netflix 3Q Net Up 48%; Subscribers, Gross Margin Grow
Wall Street Journal, The | 29 days 6 hours 1 minute 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 21 hours 35 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 | 7 days 4 hours 49 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 7 hours 49 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.


Netflix:To Begin Streaming TV Episodes Via Sony's PS3 Next Month
Wall Street Journal, The | 29 days 8 minutes ago
DOW JONES NEWSWIRES Netflix Inc. (NFLX) and Sony Computer Entertainment America Inc. said Monday they are joining forces to make movies and TV episodes from Netflix available to be streamed to televisions via the PlayStation3 game console.


Netflix prices $200 million senior notes offering
Seattle Times, The | 21 days 3 hours 47 minutes ago
LOS GATOS, Calif. Netflix Inc. on Tuesday priced a senior notes offering. The DVD-by-mail company said it will sell $200 million aggregate principal amount of its 8.5 percent senior notes due 2017 to qualified institutional buyers.


Netflix Grabs Another Gaming Console
Cable Digital News | 26 days 19 hours 47 minutes ago
Netflix Inc. is expanding availability of its "Watch Instantly" streaming video service to Sony Corp. (NYSE: SNE)'s PlayStation 3 gaming console.


Netflix Streaming Comes to Sony Bravia TVs, Blu-ray - Reviews by PC Magazine
PC Magazine | 5 days 23 hours 17 minutes ago
Netflix on Wednesday officially expanded its streaming capabilities to Sony Bravia TVs and Blu-ray DVD players.


Netflix 3Q Net Up 48% As Subscribers, Gross Margin Grow
Wall Street Journal, The | 29 days 7 hours 3 minutes ago
DOW JONES NEWSWIRES Netflix Inc.'s (NFLX) third-quarter earnings grew a better-than-expected 48% as subcriptions and gross margin both gained.


Wire Business News
Sacramento Bee (Calif.), The | 21 days 3 hours 58 minutes ago
LOS GATOS, Calif. -- Netflix Inc.'s senior notes offering was priced at par Tuesday.


Netflix prices $200 million senior notes offering - National Business - MiamiHerald.com
Miami Herald, The | 21 days 4 hours 3 minutes ago
LOS GATOS, Calif. -- Netflix Inc.'s senior notes offering was priced at par Tuesday.





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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