Netflix CEO thought he could do a better job at developing a recommendation algorithm than his engineers. He failed – and the episode shaped the way the company has looked at data ever since. Read more »
Well no one saw this one coming: a comparison between Steve Ballmer and Tim Cook; the Future of Television according to Netflix; 3D printers and guns; plus Touchscreen Toddlers and San Francisco’s real estate inflation are some of topics covered this week. Read more »
TV is fundamentally changing from a linear delivery model to a world in which apps compete with each other, and Netflix is spending billions to be part of that future. Read more at paidContent »
Netflix CEO Reed Hastings doesn’t really think that many people are sharing their accounts with extended family members. His remarks came in response to an estimate that 10 million people watch Netflix without paying for it. Read more »
Netflix streamed more than four billion hours of movies and TV shows to its members in the first quarter of this year. Read more at paidContent »
With Netflix on a roll, its big European rival — Amazon-owned Lovefilm — seems more and more desperate to staunch the flow of subscribers quitting the service and moving elsewhere. Read more »
The SEC says Netflix is in trouble for sharing news on Facebook rather than through a more traditional method like a press release. The incident shows how regulators can fail to recognize transformations in our communications infrastructure. Read more »
Asia is a tough market for Western companies, which is why Netflix is considering to partner with a local player as it looks for further international expansion options. The revelation was made during Tuesday’s Q3 earnings call, which had a somewhat sobering tone. Read more »
As more sources of news start to go direct by posting their thoughts to their blogs, Twitter and Facebook pages, a journalist’s role becomes more about deciding what to amplify and what to ignore. Read more »
Low broadband caps in Canada put that country close to third-world countries, and overage charges almost amount to human rights violations: Netflix chief content officer Ted Sarandos blasted broadband caps and usage-based-billing employed by Canadian ISPs during an investor event Thursday afternoon. Read more »
Redbox Instant by Verizon doesn’t want to beat Netflix with a bigger catalog, but rather focus on fewer titles that matter. You know, like that Redbox kiosk in your supermarket. Coinstar CEO Paul Davis revealed some details about the service during an interview. Read more »
As it takes a hammering at home, Netflix is pinning its hopes on getting traction in Europe. But Adam Valkin, the founding CEO of rival video service Lovefilm, says that the US company could have owned the market if it hadn’t pulled out of a European launch in 2004. Read more »
ISP technology provider Procera Networks now says its data indicating that Netflix traffic was down 25 percent Sunday was a “blip,” and that the company’s streaming activity is back up to “normal levels.” It also says its data covers only its clients’ networks. Read more at paidContent »
Remember when Friendster was the hot social network, publishers doubted that ebooks would ever sell, and Netflix thought DVDs in red envelopes was the future? We do — that was that state of digital media when paidContent launched in 2002. Read more »
Company CEO Reed Hastings tells investors that an exclusive licensing deal with premium cable channel Epix is about to run out … but not to worry, since Netflix doesn’t get that much viewing from the pact, anyway. Read more at paidContent »
With Netflix returning to narrow profitability, all of its other regions growing, and 1 million subscribers added in the first six months of operation in the U.K and Ireland, CEO Reed Hastings said the time is right to expand into Western Europe. Read more at paidContent »
A newly-launched startup called Foundd is taking the algorithmic approach, while its Berlin neighbour Tweek.tv is going for the social angle. But why has no winner emerged in this space already? Read more »
New mobile data service Samba has launched in the U.K. with a novel idea — agree to watch a few ads, and it will give you free data. But while the company hopes it’s on track for glory, the path it’s taking is littered with bodies. Read more »
Netflix streamed one billion hours to its subscribers in June, according to a note posted today by its CEO Reed Hastings. BTIG analyst Rich Greenfield calculates that this makes it cable’s biggest TV network, with viewers tuning in 80 minutes per day. Read more »
There is real long-term danger to Netflix lurking in the FCC’s current net neutrality rules, but it lies in the rules’ failure to regulate those parts of the Internet the consumer doesn’t see, like peering agreements between last-mile ISPs and content distribution networks (CDNs). While Netflix ... Read more at GigaOM Pro »
When most Comcast subscribers complain, it’s a blip. When Netflix CEO Reed Hastings vents to his 120,000 subscribers on Facebook, it’s a salvo. Reed Hastings doesn’t agree with Comcast’s approach to net neutrality and caps — and he wants everyone to know it. Read more at paidContent »
Netflix put the finishing touches on mobile-device rollouts in the regions it’s aggressively expanding into. The company announced Wednesday that its streaming video service is now available on Windows Phone in Latin America, the U.K. and Ireland. Read more at paidContent »
As of Wednesday, Netflix subscribers don’t have access to the Starz Play live TV feed anymore, effectively ending what could have become Netflix’s live TV streaming business. Never heard of the ability to watch live TV through the Netflix website? You’re not alone. Read more »
Netflix CEO Reed Hastings said this week that he thinks Netflix could have up to three times as many U.S. customers as the premium cable network HBO. The remarks were made in a presentation about the company’s business opportunity, which interestingly doesn’t mention DVDs at all. Read more »
Netflix just released its first original TV show, the crime comedy Lilyhammer. And in typical Netflix fashion, it simply dumped all episodes of the entire first season on its subscribers. The logic behind this move? Netfix subscribers are binge viewers, says CEO Reed Hastings. Read more »
Netflix can now be watched on more than 800 devices, and some of them are starting to gain more traction than others. Apple TV, for instance, has been really successful for the company — and tablets are starting to attract more usage than PCs. Read more »
Netflix may have had plans to expand into the rental market for video games when it tried to spin off its physical disc business last summer, but those plans are now canned. Instead, it may start delivering 3-D movies to its streaming subscribers. Read more »
Netflix (NSDQ: NFLX) has been hit with a class-action suit by a group of disgruntled investors who claim the online movie-rental chain withh… Read more at paidContent »
Netflix (NSDQ: NFLX) CEO Reed Hastings tells paidContent the company has emerged from the “pain” of a consumer and investor backlash, after… Read more at paidContent »
Netflix (NSDQ: NFLX) fancies bidding against News Corp-controlled BSkyB (NYSE: BSY) for Hollywood movies and TV shows, even though internati… Read more at paidContent »
Netflix wants to recover from a disastrous few months by launching in the U.K. and Ireland — but the company will have to overcome many obstacles to achieve success, not least competition from broadcasters who have very different priorities from their American counterparts. Read more »
Ouch. Reed Hastings addressed a room of investors and media experts today in a bid to reignite confidence in his company. After his curious… Read more at paidContent »
As the bloodbath for Netflix (NSDQ: NFLX) (NFLX) investors carries on, perhaps the CEO could boost a little confidence in the company if he… Read more at paidContent »
Netflix’s DVD service may have taken a backseat to streaming, but it’s still an incredibly profitable part of the business. In its fourth-quarter forecast, Netflix estimates DVDs will produce $177 million to $192 million in contribution profit, on revenues of $354 million to $368 million. Read more »
Netflix CEO Reed Hastings has his work cut out for him, as he faces investors for the first time since announcing plans to spin out and re-brand the company’s DVD service — and then backtracking on those plans. Here’s what to look for as Netflix releases earnings. Read more »
It took Coca-Cola 77 days of New Coke to bring back Coke Classic. It took *Netflix* co-founder and CEO Reed Hastings less than three weeks t… Read more at paidContent »
It seems almost everyone has had their say on Netflix and the stock swoon that followed company’s decision to separate its DVD and streaming operations. Peter Fenton, a well known VC with Benchmark Capital shared his thoughts on Netflix via what else, Twitter. Read more »
Discovery will continue to stream its library shows on Netflix (NSDQ: NFLX) for another two years, with an expanded slate that includes more… Read more at paidContent »
