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This month, Netflix just released its 4th quarter revenue earnings report and it exceeded all expectations. At the same time last year, the company made $876 million but this time the revenue went up to $945 million. The news got the investors very excited and Netflix saw it shares rising up 30%. Part of this [...]
January 25th, 2013 by Loic Cobbina
2012 is largely seen as the year when the internet and online privacy came under attack from legislators. The battles were sporadic but when the threat was real, the internet responded. Bills like PIPA and SOPA met with fierce indignation and were largely defeated. But not all attacks were scuppered and a few including the [...]
January 6th, 2013 by Anthony West
Netflix like many other tech companies would soon put behind them the few hitches that made life bad for customers during 2012. From price hikes to loss of content, Netflix has seemingly been unable to find some sort of stability when it comes to its services and now it looks like we can add outages [...]
January 4th, 2013 by Anthony West
A lot has gone on this year in the streaming content space and paid content especially has enjoyed a decent run of form. Blame it on the rise of spam, hackings or government clamp-downs on illegal file sharing, but for some reason people seem to be clamouring to pay for content these days. This new [...]
December 26th, 2012 by Anthony West
Ever wondered what happens to publicly traded companies when they get in trouble? Students go to the principal’s office; companies get scolded by the SEC. I am not so sure where Netflix CEO Reed Hastings would prefer to be (school principal’s office perhaps) but reports are that the Netflix boss is under investigation for talking [...]
December 8th, 2012 by Anthony West
To say Nintendo has had its fair share of troubles staying relevant would be an understatement; since dominating gaming for the better part of the 1980s and 90s the console maker has had to give way to Microsoft and Sony in the last 10 years. Since the launch of the Wii console, however, Nintendo has [...]
November 24th, 2012 by Anthony West
Al Gore likes to boast (tongue in cheek of course) that he invented the internet, but given the insatiable appetite for it in his native United States, one might be tempted to give him the credit. A new report by broadband solutions network provider, Sandvine, shows that Americans are using up internet bandwidth at a [...]
November 8th, 2012 by Anthony West
Reed Hastings and the guys over at Netflix must feel like 2012 is definitely not the company’s year. Just a few stories ago we covered a bit of news relating to Netflix having poor quarterly results and the subsequent drop in the company’s share price. Yet again, there’s more bad news for Netflix. The company’s [...]
September 16th, 2012 by Anthony West
The laptop, desktop and smartphone may be steadily taking our content consumption away from the TV but there is still a group of die-hearted supporters of the TV. So committed are these people that they actually prefer to access their online content via their TV sets. NPD DisplaySearch has taken a look at the growing [...]
September 11th, 2012 by Anthony West
The fallout in the US market might be still fresh in the minds of the Netflix board but the company’s fortune in Europe is going rather well. The 1 million or so subscribers that cancelled when Netflix raised prices 60% a year ago seem to have magically reappeared in Europe. According to a release from [...]
September 5th, 2012 by Anthony West
They are calling it the “Netflix deathwatch”; this after the online DVD rental and streaming movie company lost 75% of its value over the last 12 months. Now a 75% decline in value is dramatic for sure, but many feel that the doomsayers are hyping things and predicting Netflix’s demise too soon. Despite poor results [...]
August 18th, 2012 by Anthony West
A few stories ago we covered a man who set the challenge of watching over 400 hours of Netflix movies in one month. The latest figures coming out of the company shows that there may be other movie buffs out there like who just love streaming their content as opposed to traditional TV. In a [...]
July 21st, 2012 by Anthony West
Mark Malkoff is a comedian who obviously has too much time on his hands. Malkoff recently took on a challenge of watching 252 Netflix movies which amounted to 404.25 hours of streaming content. The feat (if you can call it that) was noticed by the guys over at Netflix who decided to pay homage to [...]
July 10th, 2012 by Anthony West
The TV may be getting bigger in screen size but its overall use is seeing some marginal decline thanks to the digital web. A new study conducted by ComScore into the viewing habits of people showed that just over 11% of people today watch TV online. Another 17% were found to be loyal to both [...]
July 2nd, 2012 by Anthony West
Netflix is a company that allow people to watch TV episodes and a variety of movies from the comfort of their home. It is businesses like Netflix (Redbox, Blockbuster boxes, etc) that have put the typical movie rental places out of business. No one rents movies from the local Movie Gallery, Blockbuster store, or places [...]
May 18th, 2012 by Daniel Renfro
Things have been bitter sweet for Netflix in the past year or so and its latest set of earnings results have lived up to that trend precisely. The streaming movie and DVD rental company was expected to make losses of $0.27 per share on revenues of $866 million for the first quarter of 2012, but [...]
May 8th, 2012 by Anthony West
So Netflix has splashed out some cash on another domain only to leave analysts scratching their heads in bewilderment. The company recently bought DVD.com but according a company spokesperson, Netflix has no intention of using the domain as a standalone portal for the DVD-only section of its business. Apparently Netflix doesn’t want to create any [...]
April 11th, 2012 by Anthony West
It seems to be all going south for Netflix. A few months ago we wrote about the exodus of nearly 1 million subscribers, in large part to the over 60% increase in subscription fees across the board. Early numbers coming out Netflix had suggested that the DVD rental and online streaming content site would be [...]
March 15th, 2012 by Anthony West
