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Netflix Inc (NFLX.O)

NFLX.O on Nasdaq

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20 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Netflix says entered into revolving credit agreement​
Friday, 28 Jul 2017 04:54pm EDT 

July 28 (Reuters) - Netflix Inc :Netflix Inc - ‍on july 27, co entered into a revolving credit agreement - sec filing​.Netflix - revolving credit agreement provides for a $500 million unsecured revolving credit facility.Netflix - agreement provides uncommitted incremental facility to increase amount of revolving credit facility by up to an additional $250 million.Netflix- revolving loans may be borrowed, repaid and reborrowed until july 27, 2022, at which time all amounts borrowed must be repaid - sec filing.  Full Article

Netflix reports Q2 total earnings of $0.15 per share
Monday, 17 Jul 2017 04:20pm EDT 

July 17 (Reuters) - Netflix Inc ::Quarterly total earnings per share $0.15.Quarterly revenue $2,785 million versus $2,105 million.Sees Q3 total earnings per share $0.32.Sees Q3 revenue $2,969 million.1.07 million U.S. streaming net additions in Q2 versus co's forecast of 0.6 million.Sees 0.75 million U.S. streaming net additions in Q3.5.20 million total streaming net additions in Q2 versus co's forecast of 3.20 million.Sees Q3 total streaming net additions of 4.40 million.Sees Q3 total streaming revenue $2,859 million.4.14 million international streaming net additions in Q2.Sees Q3 international streaming net additions 3.65 million.Q2 earnings per share view $0.16, revenue view $2.76 billion -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.23, revenue view $2.87 billion -- Thomson Reuters I/B/E/S.In Q2, announced partnership with Altice/SFR france, whereby Netflix will be sold in a package with high speed internet and TV services.Says Q2'17 free cash amounted to negative $608 million versus negative $254 million in the year ago quarter.Says anticipate free cash flow of negative $2.0 billion to negative $2.5 billion for the full year 2017.Says "we expect to be FCF negative for many years"‍​.Says expect positive international contribution profit for the full year 2017​, at current f/x exchange rates‍​.Says streaming membership grew more than expected, from 99 million to 104 million in quarter.  Full Article

Hudson Pacific Properties says signed agreement with Netflix for soundstages, office and support space
Wednesday, 12 Jul 2017 09:00am EDT 

July 12 (Reuters) - Hudson Pacific Properties Inc :Hudson Pacific Properties - signed agreement with Netflix to occupy more soundstages, office and support space at Sunset Bronson Studios in Hollywood.  Full Article

Dolby Laboratories and Netflix partner to deliver the first global combined Dolby Atmos and Dolby Vision streaming experience to consumers around the world
Wednesday, 28 Jun 2017 08:30am EDT 

June 28 (Reuters) - Dolby Laboratories Inc :Dolby Laboratories and Netflix partner to deliver first global combined Dolby Atmos and Dolby Vision streaming experience to consumers around world.Dolby Laboratories Inc - Combined Dolby Atmos and Dolby Vision streaming experience from Netflix will be available on 2017 LG OLED TVs pending an update soon..Dolby Laboratories Inc - Over time, Netflix plans to roll out support to additional devices.  Full Article

Telecoms and cable group Altice strikes partnership deal with Netflix
Monday, 12 Jun 2017 02:40am EDT 

PARIS, June 12 (Reuters) - Altice /Netflix ::* Altice and Netflix sign global partnership deal in France, Portugal, Israel and Dominican Republic.* Agreement with Netflix follows Altice's significant investment in content and sport through Altice studio's original creations, acquisitions of series and movies rights, and local and global distribution partnerships.* Launch of the Netflix service on Altice's platforms will bring critically-acclaimed original Netflix series, movies, documentaries, stand-up comedies and a wide range of kids' programming to Altice's customers across the globe, says Altice.* France will be the first Altice territory to launch Netflix. Exclusive promotional SFR family offers with Netflix will be available on June 13th. The rollout will advance to other countries through 2017.* Altice has started IPO process for U.S. arm nL8N1HJ40R.  Full Article

Partner Communications says Netflix, Partner collaborate in Israel
Monday, 29 May 2017 07:06am EDT 

May 29 (Reuters) - Partner Communications Company Ltd ::Partner Communications announces Netflix and partner communications collaborate in Israel.Partner Communications Company Ltd says Partner and Netflix will announce additional details of partnership later this summer.  Full Article

Soros Fund Management takes share stake in Apple, cuts share stake in Netflix
Monday, 15 May 2017 05:34pm EDT 

May 15 (Reuters) - Soros Fund Management::Soros Fund Management takes share stake in Apple Inc of 1,400 shares - SEC filing.Soros Fund Management ups share stake in American Airlines Group Inc to 116,950 shares.Soros Fund Management cuts share stake in Netflix Inc by 12.9 percent to 131,966 shares.Change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

Tiger Global Management takes share stake in Netflix, cuts in Fleetcor
Monday, 15 May 2017 02:39pm EDT 

May 15 (Reuters) - Tiger Global Management LLC:Tiger Global Management takes share stake in Netflix Inc of 429,000 shares.Tiger Global Management raises share stake in Restaurant Brands International Inc by 5.6% to 2.43 million shares.Tiger global management cuts share stake in Fleetcor Technologies Inc by 52.1% to 1.4 million shares - SEC Filing.Tiger Global Management - change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

Omega Advisors Inc takes share stake in Alcoa, Netflix
Monday, 15 May 2017 11:32am EDT 

May 15 (Reuters) - Omega Advisors Inc::Omega Advisors Inc takes share stake in Alcoa Corp of 200,000 shares - SEC filing.Omega Advisors Inc ups share stake in Dish Network Corp by 51.6 percent to 1.1 million Class A shares.Omega Advisors Inc takes share stake in Ally Financial Inc of 790,000 shares - SEC filing.Omega Advisors cuts share stake in Microsoft to 436,570 shares from 803,620 shares.Omega Advisors Inc takes share stake of 77,700 shares in Netflix Inc.Omega Advisors Inc cuts share stake in Pandora Media Inc by 36.4 percent to 1.9 million shares.Omega Advisors Inc dissolves share stake in Delta Air Lines Inc.Omega Advisors dissolves share stake in Anadarko Petroleum Corp.Change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

Netflix announces 400 new jobs in Europe
Thursday, 11 May 2017 11:32am EDT 

May 11 (Reuters) - Netflix Inc :Netflix announces 400 new jobs in Europe and two new European original series.Expanding workforce complements $1.75 billion investment in European content, with at least 6 new European original projects to be announced in 2017.The hub will employ initially a workforce of 170, growing to 345 by the end of 2017 and surpassing 400 by the end of 2018.  Full Article

BRIEF-Spackman Entertainment awarded contract to supply camera systems for Netflix's production

* Co has been awarded contract to supply camera systems and equipment for Netflix's first Korean original production Source text for Eikon: Further company coverage: