Netflix shares tumble 7% in after-hours trading after it reported Third-quarter results

After Netflix reported its third-quarter results, its shares went down by 7% in after-hours trading. The company has included only 880,000 US streaming subscribers in the quarter, which seems to be a cause of the investor shock. The number is down from 980,000 in the same period last year, and... read more

Marriott Ups the Ante of In-Room Entertainment, Offers Netflix App on Room TV Sets

In the first-of-its-kind offering, Marriott International Inc is set to offer to its customers, access to their favorite Netflix movies, in its hotels at select locations in the US.

Currently the service has been made available at six Marriott Hotels, namely New York Marriott East Side,... read more

Leonardo DiCaprio and Netflix announce partnership for documentaries

Netflix and Leonardo DiCaprio have partnered for a documentary and a series for exclusive premiere on Netflix platform. The documentary projects will mainly focus on environment and conservation. Leonardo DiCaprio will be producer or executive producer for the documentaries.

Announcing... read more

Netflix reportedly developing ‘The Legend of Zelda’ into live-action TV series

According to a Friday post on the Wall Street Journal's Speakeasy blog, popular streaming service Netflix is in the early stages of developing Nintendo's iconic video game franchise 'The Legend of Zelda' into a live-action television series.

Nintendo's 'The Legend of Zelda' video game is... read more

Netflix to Expand Online Streaming TV and Movie Service in Japan

Netflix announced that it will be expanding its online streaming television and other services in Japan later this year. Netflix is speeding up its efforts to expand throughout the world to improve its subscriber base. But with time, competition is increasing in the market for internet... read more

Netflix expects to launch in Australia and New Zealand later this Quarter

In the Q4 letter to shareholders Tuesday, streaming video service provider Netflix announced its plans to complete expansion into 200 countries within two years by 2017, up from its current 50, while staying profitable.

The company said that it added 4.3 million subscribers from the... read more

Netflix to expand its service to Australia and New Zealand in March 2015

In an announcement made on Tuesday, Los Gatos, California-based video streaming service provider Netflix revealed that it has expansion efforts underway, and plans to launch its service in Australia and New Zealand in March

The planned expansion of Netflix into Australia and... read more

Netflix increases cost of Ultra HD viewing from $8.99 to $11.99

According to a Variety news report, citing details shared by a Netflix spokesperson, Netflix has increased the monthly subscription for Ultra High-Definition (Ultra HD) viewing from $8.99 to $11.99.

The disclosure by the Netflix spokesperson means that Netflix will not offer Ultra HD... read more

Netflix joins websites participating in US ‘Net Neutrality’ online protest

The Wednesday, September 10-scheduled online protest which will call for strong US regulations for ensuring equal treatment of Internet traffic, will be joined by video streaming service Netflix.

Netflix has recently announced its decision to join the online protest which will also... read more

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