Netflix's Subscriber Hemorrhage Appears to Be Over
Netflix reported a strong fourth quarter Wednesday and confirmed that the rapid exodus of subscribers following this summer's customer relations fiasco has come to an end.
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Netflix reported a strong fourth quarter Wednesday and confirmed that the rapid exodus of subscribers following this summer's customer relations fiasco has come to an end.
We already knew a lot of people still watch Netflix streaming, but the latest Nielsen research finds that they watch it a lot more than other, freer sites.
In another assault on Netflix's library, Warner Bros. has announced that it will double the viewing window for new releases, meaning viewers will now have to wait 56 days for A Very Harold and Kumar Christmas and other Warner releases to show up at Netflix.
Just as Netflix is about to lose all of its Starz movie offerings, HBO has decided to stop selling its DVDs to the service.
Unable to kill its DVD business by separating out into Qwikster, Netflix seems to have stumbled on a new strategy to wean new customers off their shiny disc addiction: make it pretty much impossible to find a way to sign up for a subscription.
Spotify just lost about 200 record labels, which is bad for a service that's only as valuable as the music it provides.
Netflix may have reached a financial roadblock in its plan to win back respect and subscribers.
On the surface, Amazon's Lending Library, which begins today, sounds Netflix-esque: Pay a fee for unlimited digital borrowing access.
For all the talk about cord cutting and our magical future of Internet TV, in real life, television is very much still corded with no signs of being unfettered.
Though the company hemorrhaged some 800,000 customers last quarter after hiking its prices, Netflix still takes up a huge portion of the country's Internet bandwidth.
Aaron Sorkin is being courted to write a Steve Jobs biopic, former White House speechwriter Jon Lovett sells a White House-set comedy, and Warner Bros. is going to stop shipping Harry Potter movies in December.
Investors apparently care more about the company's 800,000 lost subscribers than the company's $822 million earnings.
The future doesn't look too hot for the streaming movie service and investors can smell it.
The network and the video streaming service have signed a four-year licensing deal
It is going to be tough to find everything you want to watch in one place
The firm will not rent DVDs under a separate name, as it planned last month
Vulture's sources say the Netflix competitor also wants distribution rights
Kindle Fire comes preprogrammed with Amazon's streaming service
Plus: Netflix doesn't need Showtime to stream shows about the Renaissance
It won't give them many movies, but it does show they can beat out the likes of HBO for content
The new DVD-by-mail and streaming service looks pretty cool…if you're a Dish Networks customer
The company irritated customers like never before
A foul mouthed pothead as an advocate is the last thing the company needs
We bet the iPhone 5 has something to do with the spike
Online only services just won't have as many movie offerings
Qwikster is bound to fail, which seems to be exactly what Netflix wants
Shares plummeted after news that the internet video store lost a million subscribers
The online retailer is in talks with publishers to launch a new e-book rental service
Recent moves suggest the company has forgone customer satisfaction for its bottom line
A settlement for a backroom deal with Netflix turns into a marketing win
Frankly, some of these we won't miss. But others...
Starz will not renew its contract with the booming movie rental service
"This is literally the worst thing that has happened to white people"
Here's a really big hint: It has something to do with privacy
Comes after the company raised subscription prices
Subscribers don't like having to pay 60% more for the service they already have
Now online streaming and mailed DVDs are billed separately
Reed Hastings also sits on Microsoft's board
The legislation targets hackers selling passwords; local college students seem unfazed
"Statistically" no one is dropping cable, says Reed Hastings
A third of all bandwidth in North America and growing is now devoted to the site
But does it make sense to compare the two?
Company makes amends for Tuesday's streaming video disruption...kind of
A $100 million entry into original programming with the new series 'House of Cards'
Warner Bros. offers a Dark Knight rental as a digital experiment
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