Today’s Netflix looks very different than the company that was founded in 1997 – or, for that matter, the one that existed just a few years ago. Netflix went from being a movie rental service to the industry’s first true movie streaming service, and it created a market space that has attracted a lot of competition. That competition – in the form of services...
The video service for teens is Netflix, by far and away, according to a new survey by investment bank Piper Jaffray. On Friday, Piper Jaffray released its semi-annual survey of 10,000 US teens, and it showed a whopping 37% of teens watched Netflix every day. Significantly, Netflix’s big competitors, Amazon Prime Video and Hulu, came in way below Netflix at just 3% each. That means Netflix is over...
Walt Disney Co. is on the prowl to acquire assets to add to its Goliath media and entertainment business; at least that’s the chatter on Wall Street. Following reports last week Disney was considering a bid for the floundering but pioneering social-media platform Twitter Inc. the House of Mouse’s name was tied to interest in another buy: Netflix Inc. Shares of Netflix had moved...
If you’ve felt like Netflix’s US catalog has shrunk dramatically since the company started making its own shows and movies, you’re absolutely right. Since 2012, Netflix’s selection of titles has dropped over 50%, from roughly 11,000 titles to about 5,300, according to streaming blog Exstreamist, which cites multiple former Netflix employees. Extreamist’s sources estimate the height of Netflix’s catalog size was in 2012, before the...
Netflix has asked the US Federal Communications Commission to declare that home Internet data caps are unreasonable and that they limit customers’ ability to watch online video. Netflix submitted a filing last week for the FCC’s annual investigation of broadband deployment, a review that is mandated by Congress in Section 706 of the Telecommunications Act. Specifically, Congress requires the FCC to determine whether advanced telecommunications capability...
There’s no doubt that as revenue for major networks slips, the best opportunity to quickly increase the bottom line is to jam more commercials into each broadcast. According to Nielsen, the average time per hour long episode of TV that is filled with commercials is increasing with each passing year, and in fact, some shows are being sped up ever-so-slightly just to shove an...
Netflix and Comcast will be available on the same cable box later this year, but Netflix video will still count against Comcast data caps. Netflix’s deal to get its online video on Comcast’s X1 set-top boxes alongside traditional cable TV channels was reported earlier this month by Recode, with the companies saying they “have much work to do before the service will be available to consumers later...
Netflix released its earnings report for the second quarter today. The company was one of 2015’s best performing stocks, but has seen its share price stumble in recent months on projections of slower growth. Today it reported $1.97 billion in revenue and net income of $41 million. Adding to worries about its growth, the company added just 1.54 million subscribers, well below its own...
On Wednesday, Microsoft claimed that its Edge browser was the only one of the big four browsers—which also includes Chrome, Firefox, and Opera—to offer 1080p resolution while playing Netflix content. A quick test of all four browsers by PCWorld proved this claim to be true, with the other three browsers capped at 720p. Currently, Opera runs Netflix at a maximum resolution of 720p. Why...
Despite a recent appellate court ruling that said sharing passwords could be grounds for prosecution under the Computer Fraud and Abuse Act, streamers who might be sharing Hulu or Netflix passwords don’t really have anything to be worried about. Here’s a summary of the case: David Nosal worked as a director for a headhunting firm called Korn Ferry International. He left the firm to...
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