After watching Netflix stock take another tumble yesterday, falling a further 35% as analysts suggested selling and abandoning the company for dead, I found myself wondering, are things really that bad for Netflix? So, I looked back at the company’s recent past on the NASDAQ index, and found… Yeah, they’re kind of horrific. Want to see …
Netflix
Financial Analysts Declare Netflix ‘Broken’ and Suffering ‘Nuclear Winter’
How bad is Netflix’s news that it lost 800,000 subscribers yesterday? Bad enough for financial analysts to start describing the company as going through a “nuclear winter” and “broken,” advising their clients to dump the stock and move on.
Netflix stock fell almost 28% yesterday in reaction to its earnings announcement, leading …
Netflix Was Right, and We’re Being Fickle
No doubt many see this Netflix debacle, in which the company admits it just lost 800,000 subscribers in its fiscal third quarter, as vindication. They balked when the company hiked its price a few bucks a month, and they absolutely howled when Netflix tried to separate DVD rentals and online streaming into two discrete services. The …
Netflix Loses 800,000 Subscribers After Price Hike, Qwikster Debacle
The last quarter has not been good to Netflix. The company reported a loss of 800,000 subscribers, mostly due to the PR nightmare that came after it raised its prices for its combined streaming and DVD plan by 60%. Netflix ended the quarter with 23.8 million U.S. subscribers, compared to 24.6 million three months ago.
It’s not all bad …
Netflix Streaming Headed to U.K and Ireland Early Next Year
Netflix plans to expand their streaming service to the U.K. and Ireland in early 2012. Keep the good news coming, Netflix.
The launch, which will include Netflix’s “Watch Instantly” feature along with streaming TV shows, is pegged for early next year. Pricing specifics have remained vague, although the company says the service …
Skype Founder Unveils Netflix Competitor
Watch out, Netflix: There’s a new player in the online video space, with the kind of past history that should probably make you a little nervous. Introducing VDIO, the new streaming video-on-demand service from the people who brought you Skype. And Napster. And Apache. You’ll find some Microsoft veterans in there, too.
Why Hulu’s Not for Sale Anymore
To everyone who entered a bid to try and buy Hulu: Apparently, you didn’t offer enough. According to a statement released yesterday by Hulu joint owners the Walt Disney Corporation, News Corporation and Providence Equity Partners (as well as senior Hulu management), the owners have “terminated the sale process” for the company, due to …
The CW Signs Potential Billion-Dollar Netflix Streaming Deal
If you’ve recently realized that your guilty television pleasures run to shows such as Supernatural, Nikita and The Vampire Diaries, then congratulations: You’re a fan of the CW network. And thanks to a new deal announced yesterday, it’s going to be easier than ever to catch up with your favorite shows starting later this month, when …
The Digital Media Revolution: Analog Strikes Back
If you consider the move towards predominantly digital media to be a slow but inevitable one, recent events in the worlds of movies and comic books might make you want to reconsider that last part.
In the past week, protests by movie theater owners have pushed Universal to scrap plans to test a premium video-on-demand release for the …
Netflix Backpedals, Nixes ‘Qwikster’ for DVDs
Qwikster’s dead before Netflix could even give it a chance to live.
In response to customer complaints, Netflix announced that it will not spin off mail-order DVD rentals into a separate company called Qwikster, as announced in September. Netflix’s website will continue to handle streaming videos and DVD rentals.
“This means no change:
…
Xbox Signs Up 50 Streaming Partners, Can Even Replace Your Cable Box
Move over, Netflix; you’ve been replaced as the king of streaming television with Microsoft’s announcement of new partnerships for Xbox 360 with 50 international content providers, including HBO—the one “get” that Netflix has never quite managed.
The company’s announcement yesterday means that Xbox LIVE will soon be streaming live …
Hulu vs. Netflix: Who Will Get ‘Arrested’?
The announcement of a new season of Arrested Development is good news for fans of the show—those who know that Jason Bateman deserves better than co-starring in an all-male version of Freaky Friday. It’s also potentially good news for Hulu and Netflix. Or, I should say, Hulu or Netflix, as the two companies may be about to find …