NFLX was the story of the day (for stocks, not for the market), gapping up big on earnings just like it used to before the Great Collapse, and probably for the same reason - too many people leaning the wrong way,...(read more)
Shares of Netflix Inc. (NFLX) surged 4.2% to close at $173.01 on Apr 11, 2013, after the company announced that its subscribers watched 4 billion hours of streaming over the...(read more)
Leading toy maker Hasbro Inc. (HAS) recently extended its multi-year partnership with Netflix, Inc. (NFLX), the provider of online movie rental subscription services. According to the...(read more)
Netflix (NASDAQ: NFLX) is the world's largest video and television episode rental subscription service, having pioneered the model and charging customers a flat monthly fee for unlimited rentals without due dates, late fees, shipping fees or pay-per-view fees[1]. Their 50 regional shipping centers across the United States help almost 95% of their customers receive their DVDs within a day of shipping, while their rating system gives customers recommendations based on their rental history[2]. In fiscal year 2010, Netflix recorded revenues of $2.1 billion and net income of $161 million.
As of late, Netflix has focused on expanding its content base and international expansion. Netflix obtains content from studios, distributors and other suppliers because a lot of these license agreements give Netflix exclusive rights to a collection of titles. In 2010 it gained exclusive rights to stream Relativity Media movies and formed a five-year streaming deal with pay-TV network Epix[3][4].
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May 25, 2013
