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All Posts Tagged Tag: ‘Reed Hastings’

Netflix Passes HBO in Subscriber Revenue, Still Getting Its Ass Kicked in Other Areas Though

Netflix unveiled solid Q2 earnings a couple weeks ago, also announcing that it had surpassed 50 million global subscribers. Well, another thing happened last quarter. Netflix surpassed HBO in subscriber revenue for the very first time ($1.146 billion to $1.141 billion) – and Netflix CEO Reed Hastings is rather excited about it. Post by Reed Hastings. Yeah, the profit thing …

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6.7 Million Still Using Netflix’s DVD Service

Netflix released its quarterly earnings report on Monday. It also shared a letter to shareholders talking about various elements of its business. One of those elements still brings in a substantial amount of money, but was barely discussed in the letter or the ensuing conference call (in fact, I could be wrong, but I don’t even remember it being brought …

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Netflix CEO Reed Hastings: Amazon Prime’s A Great Service. I’m A Member.

Netflix held its quarterly earnings call last evening. Here’s a look at the financials. Many things were discussed on the call, including competition and the general relationship Netflix has with Amazon. “Prime’s a great service,” said Netflix CEO Reed Hastings. “I’m a prime member, and most Netflix employees are Prime members, and it’s coming across to most people in our …

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Netflix Prices to be Raised on All New Subscribers in July

For the first time in three years, Netflix will raise its subscription prices. At first, the change will only affect new subscribers, who will pay one dollar a month more starting sometime in July. Old subscribers will continue to pay the current rate of eight dollars per month into the next year. But after that, who knows? CEO Reed Hastings …

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Netflix Releases Earnings, Announces It Will Soon Charge New Members Higher Prices

Netflix has just released its earnings report for the first quarter, and announced that it has surpassed 48 million global members. Quarterly streaming revenue was over $1 billion. Domestic net additions increased year-over-year to 4 million (from 3.05 million). Here’s an overview of the financials. In a letter to shareholders, CEO Reed Hastings and CFO David Wells said: Our original …

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Netflix CEO Talks Net Neutrality And Why It’s Paying Comcast

Netflix CEO Reed Hastings wrote a rare post on the company blog to address concerns regarding net neutrality and its recently announced deal with Comcast. He writes: The essence of net neutrality is that ISPs such as AT&T and Comcast don’t restrict, influence or otherwise meddle with the choices consumers make. The traditional form of net neutrality which was recently …

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‘House Of Cards’ Season 2 Gets A Lot More Dog Murder In This Parody

The Unlikely Allies YouTube channel has released a new House of Cards: Season 2 parody, featuring an intro from executive producer fake David Fincher and fake Netflix CEO Reed Hastings, explaining how they used Season 1’s audience viewing habits to construct the second season. As you may know, House of Cards itself was conceived based on Netflix viewing habits. The …

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Netflix: Ads Are Not Something We’re Contemplating

Netflix says it has no intentions of including ads in or around its content. The company released its quarterly earnings report on Wednesday. Shortly afterwards, the company held a Google+ Hangout with company execs and analysts. One analyst suggested that investors think Netflix is at the point where people would tolerate pre-roll ads similar to those seen in movie theaters. …

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Netflix CEO Basically Called HBO Netflix’s ‘Bitch’

HBO CEO Richard Plepler recently made comments indicating that he doesn’t really care if HBO subscribers share their HBO Go passwords. Netflix held its fourth quarter earnings conference call in the form of a Google Hangout on Wednesday. One analyst brought Plepler’s comments up to Netflix CEO Reed Hastings. Hastings’ response was: “That was an interesting comment, I suppose. So, …

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Netflix Says It Will ‘Vigorously Protest’ ISP Abuse If It Has To

Netflix just released its earnings report for the fourth quarter along with an accompanying letter to shareholders. In the letter, CEO Reed Hastings and CFO David Wells talk a little bit about the recent Verizon net neutrality ruling and how it may affect business. They call the ruling “unfortunate,” noting that “in principle, a domestic ISP now can legally impede …

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Netflix: All Originals (And ‘Breaking Bad’) To Be 4K, 3D Support May End

All of Netflix’s original shows will be produced in 4K, according to the company. CEO Reed Hastings said as much at the Consumer Electronics Show in Vegas, where he promoted the company’s use of the ultra HD video format along with partnerships with TV makers. We knew that House of Cards: Season 2 was produced in 4K, and a new …

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Netflix Doesn’t Expect Cable Presence To Match Internet Set-Top Box Presence For ‘Many Years’

Netflix released its quarterly earnings report today along with a letter to shareholders. Among the topics discussed in the letter is Netflix’s presences (and lack thereof) on set-top boxes from from cable providers. This has been a big topic in the news for the last couple weeks with reports coming out saying that Netflix has been in talks with providers …

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