Netflix, Inc.
News and overview for Netflix, Inc.
Wire Business News
Sacramento Bee (Calif.), The | 21 days 16 hours 31 minutes ago
LOS GATOS, Calif. -- Netflix Inc.'s senior notes offering was priced at par Tuesday.
Former Ask.com CEO sees new opportunity cutting through the clutter of Internet video -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 12 days 22 hours 25 minutes ago
SAN FRANCISCO (AP) — Web surfing is becoming more like channel surfing as television shows, movies and music videos pour onto the Internet.
Netflix shares hit new all-time high on results
Investor's Business Daily | 32 days 15 hours 36 minutes ago
CHICAGO (MarketWatch) -- Analysts had generally positive reactions Friday to third-quarter results reported by Netflix Inc., sending the online DVD rental pioneer's shares to a new one-year high.
BUSINESS OCTOBER 26, 2009, 12:58 A.M. ET Netflix Cuts Deal to Deliver Movies Over Sony PlayStation
Barron's (subscription required) | 30 days 7 hours 28 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.
Best Buy nudges customers away from DVD aisles in new partnership with CinemaNow -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 22 days 6 hours 27 minutes ago
SAN FRANCISCO (AP) — Best Buy Co. is trying to nudge consumers away from its stores' DVD aisles by making it easier for them to rent and buy movies over high-speed Internet connections.
Ahead of the Bell: Netflix-PlayStation deal
Investor's Business Daily | 29 days 22 hours 22 minutes ago
NEW YORK (AP) DVD rental company Netflix Inc. is betting that its plan to stream content to users' TVs through the PlayStation 3 gaming console may help it win millions of new customers, but the deal's benefits are uncertain as competitive threats from other digital content providers remain, said a Janney Montgomery Scott analyst.
Analysts upbeat about Netflix; shares rise 11%
Investor's Business Daily | 32 days 22 hours 15 minutes ago
CHICAGO (MarketWatch) -- Analysts had generally positive reactions Friday to third-quarter results reported by Netflix Inc., sending the online DVD rental pioneer's shares up 11% in early trading.
Analysts upbeat about Netflix; shares hit new high
Investor's Business Daily | 32 days 21 hours 28 minutes ago
CHICAGO (MarketWatch) -- Analysts had generally positive reactions Friday to third-quarter results reported by Netflix Inc., sending the online DVD rental pioneer's shares up more than 13% to a new one-year high.
Netflix Profit Rises 48% as Movie-by-Mail Service Adds U.S. Subscribers
Bloomberg | 33 days 13 hours 37 minutes ago
Oct. 22 (Bloomberg) -- Netflix Inc., the largest U.S. mail- order movie-rental service, said third-quarter profit rose 48 percent on increased subscriptions.
UPDATE 3-Netflix Q3 profit up, but investors want more
Reuters | 33 days 11 hours 18 minutes ago
LOS ANGELES, Oct 22 (Reuters) - Netflix Inc (NFLX.O) posted a sharply higher quarterly profit, but its shares fell on disappointment the online DVD rental company did not exceed subscriber targets or raise its fourth-quarter earnings outlook.
Netflix, PlayStation 3 team on pics
Video Business Online | 29 days 19 hours 40 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.
Netflix movie streaming coming to PlayStation 3 by The Associated Press
National Public Radio | 30 days 4 hours 40 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.
Netflix movie streaming coming to PS3
Hollywood Reporter, The | 29 days 17 hours 12 minutes ago
About 17,000 movies and TV series available through service
Netflix movies coming to PlayStation 3
MSNBC | 29 days 20 hours 34 minutes ago
Movie streaming is increasingly important service for DVD rental company
Netflix stream TV episodes via Sony's PS3
Total Telecom Magazine (U.K.) | 30 days 1 hour 30 minutes ago
Service to be free for Netflix members who own Sony's games console.
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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 |
