Netflix (free) For many avid watchers of television and movies, Netflix is a godsend. To start, it's got a smooth set of controls, reliable performance, and a clear picture with no blips, glitches, or freezes to speak of (in our tests, anyway). But most importantly, the Netflix app lets you access the service's full catalog of streaming content, which is chock-full of videos ranging from classic TV shows to documentary films to recent popcorn flicks. While the app doesn't let you manage your DVD queue, its high-quality streaming should be more than enough reason to download it.… Read more
Netflix's second-quarter profit surged as the Internet's biggest video-streaming site continued to gain subscribers with an original content strategy that last week reeled in Emmy nominations.
But shares in the company were down about 6.3 percent to $245.35 after hours, as its nearly five-fold increase in earnings had more to do with reining in costs than blowing away expectations on subscriber growth.
The stock has been a market darling this year, rising more than any other in the S&P 500, making it ripe for a pull back.
"The world is moving from linear … Read more
Netflix provided a twist to television history worthy of its political thriller "House of Cards" Thursday, as that original series garnered three Emmy nominations in big categories and the streaming site's homemade revival of "Arrested Development" received one.
"House of Cards" is in the running for a primetime Emmy for outstanding drama series, and its stars Kevin Spacey and Robin Wright are both nominated for acting honors. The Internet's biggest video-streaming site also notched a comedy-series acting nod for Jason Bateman, the lead in "Arrested Development."
As far as historic … Read more
Despite a lukewarm reception to Netflix's initial effort to resurrect "Arrested Development" on the Web, the video-streaming company is reportedly willing to give the series another shot.
Brian Grazer, co-chairman of the production company Imagine Entertainment, revealed Thursday that his company was in negotiations with Netflix for another Web-only season of the popular series.
"We are in conversations with them to do another," Grazer said in an interview with Bloomberg Television at the Allen & Co. conference in Sun Valley, Idaho. "They are interested in doing that."
Netflix confirmed its interest in another … Read more
Netflix's business is Internet video, so it seems appropriate that the company will use the medium to discuss its financial performance later this month.
The video rental and streaming service announced Monday that it will eschew the traditional conference call format with analysts for a live video discussion when it announces its second-quarter financial performance on July 22. The discussion, which will be hosted on Netflix's investor relations page, will be moderated by BTIG analyst Rich Greenfield and CNBC media and entertainment reporter Julia Boorstin.
In addition to the new discussion format, investors will be watching to see … Read more
Netflix will keep getting CBS shows, and start getting new ones. They're just not brand new.
The online streaming video site and CBS, the parent company of CNET, extended their multiyear licensing agreement for select library content. The revised deal adds titles like "L.A. Complex," "4400," and "CSI: NY" to its current stock already available for streaming on Netflix, a mix of classic programs like "Star Trek" and "Twin Peaks" and more recent titles like "Jericho" and "Medium."
Terms of the deal were not … Read more
If watching PBS ever felt like eating your vegetables, then Netflix and Amazon are squabbling over who gets the brussel sprouts. Amazon, however, has already scored the real PBS treat at the table -- runaway period hit "Downton Abbey" -- and it's not sharing.
Netflix, the Internet's top video streaming service, said Wednesday it has expanded its licensing agreement with the public broadcaster to include a swath of past content, such as children's shows like "Wild Kratts," "Caillou," and "Arthur;" documentaries from Ken Burns including "Prohibition" and &… Read more
As Netflix snags old "New Girl," the fate of new "New Girl" is less certain.
The Internet's top video-streaming site signed a deal with Twentieth Century Fox Television to bring old seasons of Fox's hit comedy "New Girl" to the site exclusively for on-demand streaming. It starts with the first season Monday, and subsequent seasons of the show will be available on Netflix after the broadcast seasons.
Terms weren't disclosed.
The show, which rejuvenated Fox's Tuesday night lineup, draws in the network's highest ratings on the night and particularly … Read more