Online video service companies such as Netflix Inc. (NASDAQ:NFLX) have been performing well of late. Customer preferences continue to shift to online content delivery, and with the growing popularity of tablets and smartphones, online video and audio companies look well positioned to grow. The same cannot be said for traditional brick and mortar companies, though several, such as Hastings Entertainment Inc. (NASDAQ:HAST) have been taking some positive steps to improve their operations moving forward. StockCall has initiated its first round of technical reporting on this industry. The free reports on Netflix and Hastings can be accessed by signing up now at http://www.stockcall.com/analysis
Netflix 4thQuarter Earnings - Surprise, Surprise
Netflix recently saw its share prices jump substantially following its fourth quarter earnings report, and for good reason. The company managed to post net earnings of $0.13 per share, and saw its U.S. customer-base rise by over 2 million subscribers and its international streaming subscribers grow by 1.81 million. At this moment in time, it stands with a subscription-base of over 33 million. The streaming movie behemoth has been making key strategic moves such as its new deal with Disney and by providing original content which should be available throughout 2013. Register today for your free report on Netflix at http://www.StockCall.com/NFLXH012913.pdf
The company's original content will be exclusive to its members and aims to keep existing members interested and secondly to add new members.
Netflix has also had success expanding abroad, and this year will certainly be an exciting one for the company.
Facing Challenges Through New Merchandise Offerings
Hastings Entertainment Inc. [Free Technical Analysis on HAST] [1] has had a challenging time competing with online delivery and kiosk options for media, but has been expanding its merchandise offerings of late, which could help. The company has introduced a number of new categories to its stores, including sports and tablets.
Hastings also newly announced that it has entered into a second amendment to its credit facility with Bank of America, which will extend the maturity date of the agreement through January 2017.
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