Once again, Netflix CEO Reed Hastings struck down questions that suggested the company would raise the price of its standard streaming subscription plans beyond the introductory $7.99 per month fee that’s been successful for the few years.
While it seems fairly obvious that corporations would use social media to communicate to the public, the U.S. Securities and Exchange Commission has formally decided it’s OK.
Netflix CEO Reed Hastings has a track record for making bold decisions about his company based on the prediction of a successful outcome. Here’s another example.
Here’s something you probably didn’t know: Netflix abandoned plans to sell its own streaming “Netflix Player” device just weeks before it hit retail stores. That device would later become the first iteration of Roku’s set-top box.
I’ve often praised Netflix chief exec Reed Hastings for his ability to cut through the jargon and communicate information about his company clearly, and not always through traditionally recognized channels. The SEC does not agree.
Playstation has trailed Microsoft’s Xbox 360 in the gaming console market for a long time. But not in everything.
More people use a PlayStation 3 to watch Netflix on their TV than any other device.
… in spite of the fact, of course, that Amazon and Netflix are die-hard competitors.
Amazon could be losing up to $1 billion per year on its streaming video service Amazon Prime, according to Netflix CEO Reed Hastings.
Hasting takes to Facebook again to share some good news, and hopefully reassure shareholders after Netflix’s dismal Q3 earnings report.
Netflix CEO Reed Hastings will leave Microsoft’s board of directors in November, the two parties announced today.
Netflix CEO Reed Hastings isn’t one to pull punches when talking about competition from other streaming video services. Such was the case when Hastings was recently asked about Amazon Prime Instant video service.
Facebook’s stock picked up steam after the company got strong votes of confidence from Netflix CEO Reed Hastings and Microsoft.
Netflix viewership passed 1 billion hours in a month for the first time ever, according to a Facebook status update by Netflix CEO Reed Hastings:
Netflix announced yesterday that its streaming service is now available in the UK.
Netflix is putting the finishing touches on new film and TV licensing deals and launching an ad campaign this week for its streaming video service in the UK. The actual launch date for the service is still unknown.
Educational game company DreamBox Learning, which was acquired in part by Netflix chief Reed Hastings, has raised a new $11 million round.
Netflix has been under pressure recently due to controversy over the company’s plans to split its DVD rental and streaming video businesses.
It’s unclear how much research Netflix did with consumer focus groups prior to going public with its plan to split its DVD rental and streaming video businesses.
Netflix Chief Executive Reed Hastings admits that his company screwed up many times over the last few months. He made the statement in an interview with the New York Times published Thursday.
Netflix‘s controversial plan to split off its DVD rental business as a new venture called Qwikster is no more.
Netflix today spun off its mail-order DVD business into a new service called Qwikster, which will include mail-order video game rentals. Given Netflix’s immense success with the movie business, you might expect the games rental business to fare just as well.
Editor's Pick Poor Netflix just can’t catch a break. The company already caught hell from subscribers over its recent pricing changes, and last night it announced that it’s spinning off its DVD rental business entirely under the name Qwikster.
Netflix on Thursday announced that its Canadian branch has reached one million members in just 10 months.
Maybe games can teach kids something after all.
Netflix CEO Reed Hastings said in a conference call to discuss second-quarter earnings that the online-video giant plans to focus on a “streaming only” future after separating its mail-order DVD service into a separate subscription. But that future, Hastings said, will also bring Netflix into many more countries.
Netflix is planning to expand its online video service into two European countries in the first quarter of 2012, reports Variety.