May 2, 2013 |
Sometimes the Internet can amplify big ideas. Other times it's an echo chamber for random noise. The latter is the case when it comes to the so-called streamageddon at Netflix, in which various bloggers opined about the loss of titles from the subscription service's streaming library - no doubt causing panic among Netflix susbscribers wondering just what they would be getting for their monthly subscription fees. It turns out, the great "Netflix purge" of 2013 was wildly exaggerated. PHOTOS: Cable vs. broadcast ratings The rumblings started when a site called "Instant Watcher," which monitors the comings and goings of movie and television titles, got the ball rolling, reporting that 1,794 titles, including some classic James Bond films such as "Dr. No" and "Goldfinger," would disappear on May 1. Other mainstream news sites, including CNN Money, picked up the story and attributed the development to Netflix's evolution from broad digital distributor to more selective programmer.
June 25, 2013 |
Netflix is doubling down on exclusive programming for children, adding '"Mako Mermaids," a spin-off of the popular Australian teen drama about mermaids "H2O: Just Add Water. " "Mako Mermaids" is set to premiere July 26 on Netflix, returning viewers to the fictional Mako Island, where the three teenage girls entered a magical cave and underwent their transformation in the original series. The seemingly improbable premise of "H2O" connected with teens around the world -- the series was distributed in more than 120 countries. The show's popularity on Netflix prompted the streaming service to strike a deal with Jonathan M. Shiff Productions for exclusive rights to the distribute the 26-episode spin-off series, "Mako Mermaids," in the U.S., Canada, the United Kingdom, Ireland and the Nordics.
March 13, 2013 |
Netflix Inc. has unveiled new social features to make it easier for subscribers to discover new TV shows and movies and discuss them with their friends. Starting Wednesday, subscribers to Netflix's streaming service can link their accounts to Facebook, allowing them to see what their friends have watched. Through this integration, new recommendations will appear in the subscriber's Netflix queue under rows labeled "Friends' Favorites" and "Watched by your friends. " In a nod to privacy considerations, Netflix subscribers can opt to share what they've watched only within the Netflix experience -- or choose to share viewing information on Facebook.
April 22, 2013 |
Netflix said it plans to let its deal to carry Nickelodeon, BET and MTV content expire next month, even though it continues to discuss licensing certain shows. The video subscription service said it has been moving away from broad, multi-year deals with networks and cable channels, in favor of more selective licensing arrangements to carry programs that will work best for its subscribers. Netflix Chief Executive Reed Hastings, in a letter to shareholders, said a recent deal with Warner Bros.
July 3, 2013 |
The competition between Amazon and Netflix for content is good news for PBS. Last week, Amazon.com struck a deal with PBS for kids' shows "Caillou," "Arthur" and "Daniel Tiger's Neighborhood" as well as episodes of "Nova," "Masterpiece" and Ken Burns documentaries. Earlier this year, Amazon landed subscription video rights to repeats of "Downton Abbey. " PHOTOS: Hollywood backlot moments Now Netflix has renewed and expanded its own deal with PBS. Some of the content Netflix will have rights to overlap with Amazon, but it also has exclusive rights to certain shows, including the murder mystery "The Bletchley Circle" and "Super Why!
September 15, 2011
Netflix Inc cut its third-quarter forecast by 1 million U.S. subscribers, sending its shares down nearly 15 percent, after a price increase earlier this month caused customers to shy away from its DVD-only service. In what Wall Street has called a "rare, large and surprising misstep" by Netflix Chief Executive Officer Reed Hastings and his team, the company said it would have 24 million subscribers at the end of the third quarter, down from a prior forecast of about 25 million.