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Netflix Inc (NFLX.O)

NFLX.O on Nasdaq

87.66USD
25 Jul 2016
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$1.77 (+2.06%)
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Latest Key Developments (Source: Significant Developments)

Netflix, 20th Century Fox Television Distribution announce global agreement
9:00am EDT 

Netflix Inc : Netflix and 20th century fox television distribution announce first global agreement .Netflix to be exclusive global streaming home of fx's american crime story franchise in 2017.  Full Article

Netflix reports Q2 revenue of $2.11 bln
Monday, 18 Jul 2016 04:22pm EDT 

Netflix Inc : Qtrly revenue $2.11 billion versus $1.64 billion last year .Q2 revenue view $2.11 billion -- Thomson Reuters I/B/E/S.  Full Article

Netflix reports second quarter 2016 results
Monday, 18 Jul 2016 04:12pm EDT 

Netflix Inc : Netflix Releases Second Quarter 2016 financial results . Qtrly international streaming net additions 1.52 million versus co's forecast of 2 million . Sees Q3 International Streaming net additions 2 million . Qtrly U.S. Streaming net additions 0.16 million versus co’s forecast of 0.50 million . "This year the regulatory climate in China for our service has become more challenging." . Sees Q3 Total Shr (Including DVD) $0.05 . Qtrly Total Streaming net additions 1.68 million versus company’s forecast of 2.50 million . sees Q3 International Streaming revenue $846 million . Sees Q3 U.S. Streaming net additions 0.30 million . sees Q3 Total Streaming net additions 2.30 million . Sees Q3 U.S. Streaming revenue $1.31 billion . Q2 earnings per share view $0.02, revenue view $2.11 billion -- Thomson Reuters I/B/E/S . Grew by 1.7m members in Q2 finishing with over 83 million members . Q3 earnings per share view $0.07 -- Thomson Reuters I/B/E/S . sees Q3 total streaming revenue $2.16 billion . Netflix On China - "We continue to explore options"; says in the meantime, have plenty of work to do in newly opened markets . "We are growing, but not as fast as we would like or have been" . "Over the second half of this year, we’ll complete un­grandfathering" . Continue to expect to run around break­even on a net income basis in 2016 and to generate material profits in 2017 and beyond.  Full Article

Netflix, CBS Studios announces international agreement for "Star Trek" TV series
Monday, 18 Jul 2016 09:00am EDT 

Netflix Inc :Netflix, CBS Studios International announced international licensing agreement for new "Star Trek" television series.  Full Article

Netflix and CW Network announce new agreement
Tuesday, 5 Jul 2016 01:00pm EDT 

Netflix Inc : Netflix and CW Network announce new agreement . New relationship spans all current CW series, all future programs produced for network during term of new agreement .Starting with 2016-2017 season, members to be able to stream full seasons for each of programs beginning 8 days after each show's season finale.  Full Article

Comcast to allow Netflix onto its X1 platform - Recode
Tuesday, 5 Jul 2016 12:14pm EDT 

:Comcast will allow popular web video streaming service Netflix onto its X1 platform, the companies confirmed - Recode.  Full Article

Comcast and Netflix reach agreement to incorporate Netflix into X1
Tuesday, 5 Jul 2016 12:12pm EDT 

Netflix Inc : Comcast and Netflix have reached an agreement to incorporate Netflix into X1 . The service will be available to consumers later in 2016 Further company coverage: [CMCSA.O] [NFLX.O] ((Bengaluru Newsroom +1 646 223 8780;)).  Full Article

Netflix says aware of reported service issues and are working on a resolution as quickly as possible - tweet
Monday, 20 Jun 2016 07:25pm EDT 

Netflix Inc :Says aware of reported service issues and are working on a resolution as quickly as possible - tweet.  Full Article

Netflix says introducing new element into branding with an N icon
Monday, 20 Jun 2016 05:07pm EDT 

Netflix Inc : Netflix says introducing new element into branding with an N icon; current Netflix logo will still remain Further company coverage: [NFLX.O] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

Millicom (Tigo) partners with Netflix in Latin America
Monday, 13 Jun 2016 07:12am EDT 

Netflix Inc : Strategic partnership with Netflix that will bring netflix app preloads to android smartphones from Tigosmart ."qualifying" tigo customers to get prepaid netflix subscription with purchase of select tigosmart mobile, tigostar residential plans.  Full Article

BRIEF-Netflix introduces new cellular data controls globally

* Default setting will enable user to stream about 3 hours of tv shows and movies per gigabyte of data