Topic: Reed Hastings
Netflix lost almost 1,800 titles this morning as license deals with MGM, Warner Bros. and Universal expired. In what Slate referred to as “the great Netflix purge,” users have lost access…
Following its first foray into original programming, Netflix put up first-quarter numbers that exceeded Wall Street’s expectations. Thanks in part to the success of its $100 million David Fincher potboiler,…
Companies can now "friend" their investors to communicate market-moving news. Facebook and other social media platforms were cleared by the Securities and Exchange Commission to announce key information as long…
Netflix has completed another high-profile acquisition, ordering 10 episodes of a new scripted series to be directed by Lana and Andy Wachowski (The Matrix, Cloud Atlas) and penned by Babylon…
Carl Icahn's investment firm disclosed a 9.98 percent stake in Netflix to the Securities and Exchange Commission yesterday. Is he going to push the company to sell? That's the rumor…
Netflix chief executive Reed Hastings came out swinging on Sunday in a publicly available Facebook post that scolded Comcast for imposing a data cap on services it doesn't provide to the customer: "Comcast…
After losing a million customers and a major portion of its stock value, Netflix has decided that it’s time to go in a new direction—but isn’t backtracking on the price…
Two weeks after announcing an upcoming 60 percent hike in subscription fees, Netflix is getting ready to face the fallout in the third quarter. In yesterday’s earnings report for the second…
