Reporting double-digit drops in both revenue and profit for its fiscal third quarter, Viacom announces a major overhaul to its most popular channel. Pundits suspected SVOD viewing of Nick shows had… 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… Read more »
With subscription video on demand revenue up 430 percent, Hollywood’s video business has actually shown growth for a full six-month period, according to the studio-backed Digital Entertainment Group. The DVD-cursed market… Read more »
A day after Netflix management signals its intention to plow any profits for the foreseeable future into international expansion, Wall Street once again craters the company’s stock price. 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… Read more »
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… Read more »
The company meets investor revenue expectations, reporting $889 million for the three-month period ending April 30. But its 530,000 net streaming subscriber additions in the U.S. apparently hasn’t impressed investors –… Read more »
Six months following the departure of longtime marketing chief Leslie Kilgore, Netflix turns to an international marketing executive with deep roots in European media/entertainment. This comes, of course, as the company… Read more »
How serious does Dish look about actually blacking out AMC channels? It just gave away AMC’s primo real estate to Mark Cuban’s HDNet and HDNet Movies. Yes, the No. 3 pay… Read more »
While upgrading Netflix’s stock rating to “neutral” from “sell,” Janney Montgomery Scott analyst Tony Wible said that slow-moving competition as well as studios’ “addiction” on licensing fees will benefit the subscription… Read more »