Netflix tuned into customers but still needs to expand – Brand Index April 21, 2015 THE STREAMING service Netflix recently announced that it had passed the 60m subscriber mark worldwide. Roughly 40m of those are in the US, which helps to explain why the company is planning an ambitious expansion plan, particularly in Europe, Australia and Japan. Shares in Netflix have also risen by around 40 per cent since the [...]
Netflix v HBO: Streaming site chief exec says rivalry will be like the “Yankees and the Red Sox” April 20, 2015 Netflix chief executive Reed Hastings has a simple message to HBO as the cable TV giant steps into the online streaming market: bring it on. The American billionaire who also sits on the board of Facebook founded Netflix in 1997 originally as a rental-by-post DVD service before moulding it into the dominant player in the [...]
Netflix share price soars after membership passes 60m April 16, 2015 Netflix's share price soared by 13 per cent in early trading in New York on Wednesday after the company announced it had surpassed 60m global users. The video streaming website's seemingly unstoppable growth was enough for investors to ignore earnings per share of 38 cents that came in much lower than the expected 63 cents [...]
Netflix subscriptions beat forecast April 15, 2015 NETFLIX – the home of Better Call Saul – saw revenue jump 24 per cent in the first three months of the year. Revenue rose to $1.57bn (£1.06bn) from $1.27bn a year ago. In the same three months, the TV and film streaming service provider added 4.88m net subscribers worldwide, beating its own forecast of [...]
Daredevil: Netflix’s Marvel adaptation receives rave reviews following Friday’s release April 11, 2015 Just like the binge-watchers who gorge on its endless trove of TV shows, Netflix never stops. Fresh off the back of phenomenally popular shows such as the Breaking Bad spin-off Better Call Saul and season three of House of Cards, Netflix has teamed up with comic book studio Marvel for the first time to bring a [...]
Netflix Marvels at $200m cost of mini-series April 9, 2015 NETFLIX and Disney have spent $200m (£136m) on their four upcoming TV shows and one miniseries, loosely known as the Marvel Defenders project. One of them is Daredevil (above), about blind mild-mannered lawyer Matt Murdock who fights crime in New York by night. It is the first Marvel programme on Netflix and will premiere online [...]
Netflix and Nintendo team up to develop live-action Zelda series February 9, 2015 Netflix is teaming up with Nintendo to bring the iconic video game “The Legend of Zelda” to life. A TV show based on the fantasy game is in the early stages of development according to a report in the Wall Street Journal which cites a company insider describing it as “Game of Thrones” [...]
Better Call Saul UK release date on Netflix: Put 9 February in your diary for the Breaking Bad spin-off January 27, 2015 UK fans of the hugely anticipated Breaking Bad spin-off Better Call Saul should clear their diaries for 9 February. That's when the very first episode of the new series will be available to watch on Netflix. Better Call Saul will air on Monday night, just 24 hours after the series is first screened on TV [...]
Netflix share price soars as streaming service plots global expansion January 21, 2015 Shares in Netflix opened 18.9 per cent higher on Wednesday, as investors sounded their resounding approval of strong quarterly results. The video-streaming service revealed fourth quarter earnings yesterday that smashed analysts’ expectations at $83.4m (£55.2m), or $1.35 per share – a 72 per cent increase on earnings of $35m for the same period last [...]
Netflix share price surges as video streaming company beats analysts’ earnings forecasts January 20, 2015 Leading video streaming company Netflix yesterday revealed above-expectation earnings, resulting in an after-hours surge in the company’s share price. Netflix recorded an adjusted profit of 72 cents (48 pence) a share for the quarter. According to a consensus estimate on Thomson Reuters, analysts had predicted the company to report earnings of 45 cents a share [...]