In what could be major blow to BlackBerry’s (BBRY) new operating system, a Netflix (NFLX) spokesperson has confirmed to AllThingsD that it has no plans for a BlackBerry 10 app. BlackBerry previously revealed that it was “in talks” with both Netflix and a variety of other companies to bring popular applications to its mobile platform. Netflix has now confirmed, however, that it has no plans of developing a native or port version of its video streaming app for the BlackBerry 10 operating system. Sources speaking to AllThingsD claim the company has little incentive to develop for the platform and its small user base, suggesting that maintaining the app would outweigh any potential benefits garnered from it.
It may not seem like the most pressing matter in an era of massive financial scandals, but the Securities and Exchange Commission has decided to go after Netflix (NFLX) CEO Reed Hastings for posting information about Netflix company milestones on his Facebook (FB) page. According to Bloomberg, the SEC believes that Hastings’ Facebook post, which announced that Netflix users had watched more than 1 billion hours of content over the company’s streaming service, may have violated regulations requiring that such information must be disclosed “through a press release on a widely disseminated news or wire service, or by ‘any other non-exclusionary method’ that provides broad public access.” More →
Rumors of Netflix’s (NFLX) unprofitability have been widely exaggerated, as the company on Wednesday reported a profit of $0.13 per share on revenues of $945 million in the fourth quarter of 2012 while also adding 2 million new subscribers. Netflix’s earnings were a pleasant surprise for the subscription-based content distributor, which was expected to post a quarterly loss of $0.12 per share. What’s more, the firm’s 2 million new subscribers represent nearly a ten-fold increase from the fourth quarter of 2011, when it added just 220,000 new subscribers.
Netflix (NFLX) on Monday announced a new licensing agreement with Turner Broadcasting System and Warner Brothers to bring even more content to the streaming service in the coming months. Animated and live-action programming from Cartoon Network, Warner Bros. Animation and Adult Swim will be available to American subscribers on March 30th, while the TNT drama Dallas will come to the service in January 2014. Netflix, which has more than 60,000 titles and is available for $7.99 a month, announced this week that it will also be bringing 1080p content and 3D video streaming to Cablevision and Google Fiber customers. The company’s press release follows below. More →
Netflix (NFLX) on Tuesday announced new enhanced streaming options for users on select ISPs. Following a series of rumors that suggested as much, Netflix has confirmed the availability of “Super HD” streaming — which is simply Netflix’s branding for 1080p content — and 3D video streaming. Both services are available immediately with a huge caveat: only Netflix subscribers with Cablevision or Google Fiber Internet service have access to the new content. For those lucky subscribers, Super HD and 3D content is accessible using a number of devices including the Wii U, compatible Roku players, the Apple TV, Windows 8 PCs and select smart TVs and Blu-ray players. Netflix’s full press release follows below. More →
No, it’s not particularly surprising the Google (GOOG) Fiber now delivers the fastest Internet service in the United States. But as Engadget reports, new Internet service provider rankings from Netflix (NFLX) show that Google’s high-speed fiber network is in a class all its own. Overall Netflix found that Google Fiber delivered an average of 2.55Mbps for Netflix streams, while no other service provider provided average stream speeds of 2.2Mbps. Verizon’s (VZ) FiOS came in second place with 2.19Mbps for Netflix streams, followed by Comcast (CMCSA) and Charter at 2.17Mbps. Numbers like this make it all the more tragic that Google would likely need to raise a budget-busting $140 billion to spread Google Fiber all across the United States.
There are dozens of devices that can stream Netflix (NFLX), but only one can machine be crowned the king of the living room. According to Netflix, that device is Sony’s (SNE) PlayStation 3 console. Without revealing any specific figures, Netflix announced on its blog “in the U.S. and globally, PS3 is the largest TV-connected platform in terms of Netflix viewing” and that “at times, PS3 even surpassed the PC in hours of Netflix enjoyment to become our No. 1 platform overall.” More →
Score this as an enormous win for Netflix (NFLX). The content distribution company on Tuesday announced that it had signed a multiyear deal with Disney (DIS) to deliver major Disney theatrical releases to users’ living rooms in the first pay TV window. In a joint press release, the companies said that starting with Disney’s “2016 theatrically released feature films, new Disney, Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios and Disneynature titles will be made available for Netflix members to watch instantly in the pay TV window on multiple platforms, including television, tablets, computers and mobile phones.”
UPDATE: According to The Next Web, the deal gives Netflix “the ability to show those titles as soon as they’re available for anyone to watch in the first pay window, not just those with video on demand.” The companies’ full press release is posted below.
Verizon (VZ) and Coinstar (CSTR) earlier this year announced a joint video streaming service to compete with Netflix (NFLX) and Amazon (AMZN). The service, which is called Redbox Instant by Verizon, is now in its testing phase and is set to become available by the end of the year. Janko Roettgers of GigaOM found some key details about the service while digging through the Redbox Instant website, which has now become password protected. More →
iPhone developers may not have had much time to update their apps for the iPhone 5′s larger screen, but that hasn’t posed a problem for Netflix (NFLX), which on Thursday released an updated version of its iOS app designed specifically to deliver video to the new iPhone’s four-inch display. Netflix also says that the latest version of its app offers “improved browsing, searching and watching experience” and “added support for iOS 6.” More →
With so much competition in the streaming video business, it’s only natural that Netflix (NFLX) is feeling the heat. In an interview with The Wall Street Journal, Netflix CEO Reed Hastings wasted no time in sharing his thoughts on why his company’s streaming video is better than Amazon’s (AMZN) Prime Video. Besides stating how Netflix has better algorithms in place to deliver recommended content and how the user experience is better because video is its only business, Hastings says that Amazon Prime Video is “a confusing mess” and that consumers don’t want lower prices that come at the expense of more available content.
Netflix (NFLX) announced on Tuesday that its iPhone and iPod touch app received a major update that brings over its UI and experience from the company’s tablet apps. Marketed as “more immersive” than the previous version, the new Netflix app features more titles and galleries on single screens and “personalized rows filled with movie and TV recommendations” to make finding new content and enjoying old favorites easier than ever. Other appreciated tweaks include a “browse menu” that reveals lists of smartly categorized genres galleries, universal search throughout the app and a new bar at the top of the screen that lets users continue watching where they left off. For a full walk-through of the guide, check out the video below with Netflix’s Director of Product Innovation, Chris Jaffes.
Here’s a good reason to envy of your friends across the pond: They’ll soon have a free satellite television service that will come integrated with Netflix (NFLX). The Telegraph reports that Netflix and Freesat are teaming up to sell a new set-top box that “will give users direct access to Netflix and other on-demand services” along with Freesat’s subscription-free satellite television service. As the report explains, Freesat is a partnership between both the BBC and ITV to deliver satellite television services that are free after users buy a set-top box. This has obviously caused friction with pay-TV services such as BSkyB, which believes the BBC is acting more as a commercial entity than a public broadcasting network. More →