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Netflix Inc (NFLX.O)

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Latest Key Developments (Source: Significant Developments)

Spotify puts growth before margins; sets long-term targets
Thursday, 15 Mar 2018 04:15pm EDT 

By Eric Auchard:Chief Financial Officer Barry McCarthy says "You should see us continue to invest in growth at the expense of operating profit".CFO says reworking deals with major record labels in 2016 and 2017 improved spotify gross margins 700 basis points.CFO says more than 50 percent of free users become paying subscribers; says it takes 12 months to breakeven on new subs.CFO says long-term financial goals target revenue growth of 25-35 percent; gross marins of 30-35 percent."Scale can be a great enabler of margin expansion," McCarthy said. .  Full Article

Netflix Says Introducing Pin Protection And Other Enhancements For "Informed Viewing"
Monday, 5 Mar 2018 09:25am EST 

March 5 (Reuters) - Netflix Inc ::NETFLIX SAYS INTRODUCING PIN PROTECTION AND OTHER ENHANCEMENTS FOR "INFORMED VIEWING".NETFLIX - INTRODUCING PIN PARENTAL CONTROL FOR INDIVIDUAL MOVIES AND SERIES.NETFLIX SAYS TO BEGIN DISPLAYING "MORE PROMINENTLY" MATURITY LEVEL RATING FOR A SERIES/FILM ONCE PLAYED.  Full Article

Hasbro Teams Up With Netflix To Create Toys And Games For Super Monsters
Friday, 16 Feb 2018 12:30pm EST 

Feb 16 (Reuters) - Hasbro Inc ::HASBRO TEAMS UP WITH NETFLIX TO CREATE TOYS AND GAMES FOR ORIGINAL PRESCHOOL SERIES, SUPER MONSTERS.HASBRO SAYS REACHED AGREEMENT IN PRINCIPLE WITH NETFLIX TO CREATE PLAY EXPERIENCES FOR KIDS UNDER PLAYSKOOL BRAND, BASED ON SUPER MONSTERS.  Full Article

Tiger Global Management Cuts Share Stake In Netflix, Etsy
Wednesday, 14 Feb 2018 01:56pm EST 

Feb 14 (Reuters) - Tiger Global Management::TIGER GLOBAL MANAGEMENT DISSOLVES SPONSORED ADR STAKE IN WEIBO CORP - SEC FILING‍​.‍TIGER GLOBAL MANAGEMENT TAKES SHARE STAKE OF 900,000 CLASS A SHARES IN SWITCH INC​.‍TIGER GLOBAL MANAGEMENT CUTS SHARE STAKE IN NETFLIX INC TO 1.8 MILLION SHARES FROM 3.1 MILLION SHARES.TIGER GLOBAL MANAGEMENT CUTS SHARE STAKE IN ETSY INC BY 45.1 PERCENT TO 4.2 MILLION SHARES.TIGER GLOBAL MANAGEMENT CUTS SHARE STAKE IN PRICELINE GROUP INC BY 22.9 PERCENT TO 802,612 SHARES.TIGER GLOBAL MANAGEMENT CUTS SHARE STAKE IN TRANSDIGM GROUP INC BY 41.1 PERCENT TO 1.9 MILLION SHARES.TIGER GLOBAL MANAGEMENT - CHANGE IN HOLDINGS ARE AS OF DEC 31, 2017 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF SEPT 30, 2017.  Full Article

Bango Partners With Netflix
Monday, 8 Jan 2018 02:00am EST 

Jan 8 (Reuters) - Bango Plc ::PARTNERED WITH NETFLIX TO LAUNCH CARRIER BILLING FOR NETFLIX SUBSCRIPTIONS IN MEXICO​.‍TRADING WAS IN-LINE WITH EXPECTATIONS DURING 2017 AND TOTAL EUS FOR 2017 WAS £271 MLN COMPARED TO £132 MLN FOR 2016​.  Full Article

Netflix Inc says Annual Base Salary For CEO To Be $700,000‍​ in 2018
Thursday, 28 Dec 2017 04:25pm EST 

Dec 28 (Reuters) - Netflix Inc ::NETFLIX INC - ANNUAL BASE SALARY FOR 2018 FOR REED HASTINGS, CHIEF EXECUTIVE OFFICER AND CHAIRMAN OF THE BOARD, TO BE $700,000‍​.NETFLIX SAYS CHIEF CONTENT OFFICER TED SARANDOS' 2018 ANNUAL SALARY TO BE $12 MILLION - SEC FILING.NETFLIX INC - ANNUAL SALARY FOR 2018 FOR GREG PETERS, CHIEF PRODUCT OFFICER, TO BE $6 MILLION.NETFLIX INC SAYS CFO DAVID WELLS' ANNUAL SALARY FOR 2018 TO BE $2.8 MILLION.  Full Article

Notorious Pictures Signs Agreement With Netflix For SVoD Distribution Of 32 Films
Wednesday, 20 Dec 2017 05:01am EST 

Dec 20 (Reuters) - NOTORIOUS PICTURES SPA ::SIGNS AGREEMENT WITH NETFLIX <<>> FOR SUBCRIPTION VIDEO ON DEMAND DISTRIBUTION OF 32 FILMS.CONTRACT LASTS ONE YEAR AND ITS VALUE IS EUR 0.5 MILLION.  Full Article

Tiger Global Management ups stake in Netflix, takes stake in Roku
Tuesday, 14 Nov 2017 03:08pm EST 

Nov 14 (Reuters) - Tiger Global Management::Tiger Global Management takes share stake of 1.5 million class A shares in Roku Inc - Sec filing‍​.Tiger Global Management ups share stake in Netflix to 3.1 million shares from 376,400 shares.Tiger Global Management takes share stake of 30.2 million shares in Despegar.com.Tiger Global Management dissolves share stake in On Deck Capital Inc.Tiger Global Management dissolves share stake in American Tower Corp.Tiger Global Management ups share stake in Fiat Chrysler Automobiles by 18.5 percent to 24.8 million.Tiger Global Management - change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

Comcast says introducing Netflix in 4K on Xfinity X1
Tuesday, 31 Oct 2017 12:00pm EDT 

Oct 31 (Reuters) - Comcast Corp ::Comcast introduces Netflix in 4K on Xfinity X1.Aannounced availability of Netflix Ultra HD (UHD) 4K programming on Xfinity X1​.  Full Article

Netflix prices $1.6 bln offering of senior notes
Monday, 23 Oct 2017 06:58pm EDT 

Oct 23 (Reuters) - Netflix Inc ::Netflix prices $1.6 billion offering of senior notes.Says ‍announced pricing of an offering of $1.6 billion aggregate principal amount of 4.875% senior notes due 2028​.  Full Article

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What trade war? FAANGs scale new highs

Four of the five so-called FAANG stocks – Facebook, Alphabet, Amazon and Netflix – surged to all-time highs on Wednesday, with only Apple spoiling a perfect scorecard.