Netflix wants movies to be available online for instant streaming the same day they premiere in movie theaters, an idea that has upset movie theater owners.
Netflix is riding a positive wave as its stock opened at $389.16 per share on Tuesday following its Q3 earnings report, but can it maintain that momentum?
How big can Netflix get? Tuesday morning brought one answer to that question: $389.16 per share. The stock opened at that all-time high a day after the company reported its Q3 earnings, before shedding about 9 percent throughout the day.
Last week when reports surfaced that the NFL might be courting online video distributors with a package of Thursday-night games, Netflix quickly attracted attention as a potential buyer for such rights. But the company insists it's not interested in distributing live sports events.
Netflix may have been traditionally been one of cable operators' marked enemies, but through its partnership with TiVo it recently secured deals to carry its app over both Com Hem in Sweden and Virgin Media in the U.K.
Netflix has made its next bet on exclusive programming. The company said it ordered 13 episodes of a new TV series from Sony Pictures Television and the team that created the show "Damages." The move is Netflix's latest in commissioning exclusive, first-run TV programming and follows a string of recent successes with "House of Cards" and "Orange is the New Black."
Netflix might be coming soon to your cable box. With the help of TiVo, the company has reached two groundbreaking agreements with cable operators overseas, and Netflix has already suggested those deals could serve as a foundation to build on domestically. But true integration between cable operators and Netflix is probably a long way off.
The NFL may explore the possibility of letting an online video distributor carry a new slate of Thursday night games, the Wall Street Journal reported.
Nokia is hoping a promotion to bundle free Netflix service with its Lumia smartphones in the UK, along with other promotions and deals, will help boost sales of its smartphones running Microsoft's Windows Phone software.
For years, the cable boxes leased by operators like Comcast and others have been off limits for Netflix. Now reports suggest that could change.