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Netflix raises prices, intros new plans

July 12th, 2011

Netflix announced two new unlimited DVD plans on Tuesday, including a $7.99 option for one DVD at a time and an $11.99 option that allows users to rent two DVDs at a time. The company also said that it will discontinue its current $9.99 monthly option that provides access to unlimited DVD rentals and unlimited …

Netflix inks multi-year instant streaming deal with Miramax

May 16th, 2011

Netflix announced on Monday that it has reached a multi-year agreement with Miramax to offer several hundred Miramax films, including hits like Pulp Fiction, Kill Bill, and Good Will Hunting, through its instant streaming service. “From day one, we’ve been very clear about the importance of digital and our desire to respond to the significant …

Netflix reports subscriber growth, revenue spike in Q1 2011 earnings

April 26th, 2011

Netflix released its fiscal first quarter 2011 earnings on Monday and, thanks to record amounts spent on marketing, the firm reported an increase in net customer additions and a spike in revenues. The video subscription service added 3.3 million domestic net customers during the quarter, a 94% increase year-over-year — that service now serves 23.6 …

CBS will remove some Showtime shows from Netflix

March 23rd, 2011

CBS confirmed today with Dow Jones that it will pull some of its Showtime television shows from Netflix, and apparently Netflix is pretty shocked by the news. A Showtime spokesperson said that it will remove the episodes of shows that are currently still airing on television from Netflix’s portfolio when the current partnership deal between …