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…
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…
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.…
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…
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…
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…
‘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…
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…
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…
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…