Netflix, Inc.

News and overview for Netflix, Inc.

Netflix plans offering of $200M senior notes
Investor's Business Daily | 27 days 5 hours 47 minutes ago
LOS GATOS, Calif. (AP) Netflix Inc. said Wednesday it plans an offering of $200 million senior unsecured notes due 2017.


Cable Digital News - Video - Cisco: Set-Top Data Could Boost 'TV Everywhere' - Telecom News Analysis
Light Reading | 5 days 7 hours 41 minutes ago
NEW YORK -- With programmers looking to distribute content to consumers on the Web and mobile platforms through projects like "TV Everywhere," Cisco Systems Inc. (Nasdaq: CSCO) says it's looking to drive the sector by measuring how consumers are digesting video through set-top boxes and other devices.


Sony to show 'Cloudy with a Chance of Meatballs' early on its Bravia TVs, Blu-ray players -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 16 days 7 hours 19 minutes ago
LOS ANGELES (AP) — In a bid to sell living room electronics and spur buzz for "Cloudy with A Chance of Meatballs," Sony Corp. is offering the movie for free to U.S. buyers of its Internet-connected TVs and Blu-ray players starting Monday.


Bay Biz Buzz: Netflix shares jump on earnings
Oakland Tribune (Calif.), The | 32 days 6 hours 49 minutes ago
Los Gatosbased Netflix Inc., the largest U.S. mail order movierental service, rose as much as 16 percent after raising its fullyear sales and earnings forecast


Chip retreat offsets Amazon, Netflix rally
Investor's Business Daily | 32 days 8 hours 3 minutes ago
SAN FRANCISCO (MarketWatch) -- A rally in the technology sector fizzled Friday as falling chip stocks offset robust gains in shares of Amazon.com, Netflix Inc. and Microsoft Corp., whose upbeat results kicked off a positive open.


Stock Picks: Netflix, Verizon, Shaw Group, KBR
BusinessWeek | 29 days 8 hours 17 minutes ago
Plus Wall Street analyst opinions on Marvell Technology and Biocryst Pharmaceuticals


On the Call: Netflix CEO Reed Hastings
Seattle Times, The | 32 days 23 hours 44 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 - Technology - MiamiHerald.com
Miami Herald, The | 32 days 23 hours 34 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.


Blockbuster s Q3 loss widens; closing 115 stores
CED Magazine | 11 days 2 hours 40 minutes ago
DALLAS (AP) Struggling movie rental retailer Blockbuster Inc. said Thursday that its third-quarter loss surged more than fivefold as more consumers rented movies by mail or through competitors' vending kiosks instead of driving to its stores.


48% profit jump at Netflix in Q3
American City Business Journals | 33 days 2 hours 19 minutes ago
Netflix Inc. on Thursday posted a 48 percent profit increase to $30.


Movie fans might have to wait to rent new DVD releases -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 32 days 9 hours 32 minutes ago
For those who like renting movies, Hollywood may soon have a message: Prepare to wait.


Cable Digital News - Video - Netflix Grabs Another Gaming Console - Telecom News Analysis
Light Reading | 28 days 8 hours 41 minutes ago
Netflix Inc. is expanding availability of its "Watch Instantly" streaming video service to Sony Corp. (NYSE: SNE)'s PlayStation 3 gaming console.


Bay Biz Buzz: Netflix to stream movies via PS3
Oakland Tribune (Calif.), The | 29 days 6 hours 54 minutes ago
PlayStation 3 owners will soon be able to stream movies and TV shows from Los Gatoesbased Netflix to their TVs using the gaming console, just as Xbox 360 owners have been able to do for a year. Sony Corp. and the DVD rental company announced the service Monday and will launch it next month. It will be available for free to PlayStation 3 owners who have a Netflix subscription that starts at $9.


Netflix movie streaming coming to PlayStation 3 - Technology - MiamiHerald.com
Miami Herald, The | 29 days 20 hours 13 minutes ago
NEW YORK -- PlayStation 3 owners will be able to stream movies and TV shows from Netflix on their gaming consoles starting next month.


Blu-ray Player Makers Embrace Online Movie Delivery
Wall Street Journal, The | 21 days 13 hours 15 minutes ago
Some of the biggest companies backing the Blu-ray format for high-definition movies are hedging their bets by introducing players that can also show Internet video, which is making surprising inroads in the home-entertainment market.





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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