Netflix exit: Carl Icahn is no longer an investor in video streaming service – he reveals on Twitter June 24, 2015 Billionaire investor Carl Icahn is no longer an investor in Netflix after selling the last of his remaining shares in the company today. The outspoken investor had owned around 1.4m shares in the video streaming site through his firm Icahn Enterprises at the end of the last quarter, according to Reuters. At on point he [...]
Netflix share price jumps two per cent after share split approved by board June 23, 2015 Netflix’s shares have risen two per cent in after-hour trading after its board approved a stock split. The split will take the form of a a stock dividend, giving an extra six shares of common stock for each single outstanding common stock share. Netflix said it would begin trading at the post-split price on 15 [...]
Netflix to debut in Italy and Portugal in October June 6, 2015 Netflix is to take to the stage in Italy and Portugal this October, to add to the more than 50 countries where it is already available. In an announcement this Saturday in California Netflix made the big reveal, just days after it announced the service would soon be available in Spain. In March, the company [...]
Streams are the new downloads: Apple music service rumours swirl as Netflix tests ads and Spotify experiments with video June 2, 2015 The battle to dominate the growing online media streaming market, and to make money from it, is about to go up a level. Tech giant Apple is rumoured to be preparing to announce a $10 (£6.50) a month music streaming service at its WWDC conference for software developers on Monday. If the move [...]
Top Gear’s Jeremy Clarkson, Richard Hammond and James May and Netflix could team up with ‘House of Cars’ May 13, 2015 The former Top Gear presenting team of Jeremy Clarkson, James May and Richard Hammond are reportedly in talks with Netflix to launch a spin-off of the popular show called House of Cars. The trio are currently out of action after Clarkson was sacked from the successful BBC show, prompting May and Hammond to leave too. Clarkson, [...]
Netflix tuned into customers but still needs to expand – Brand Index April 21, 2015 THE STREAMING service Netflix recently announced that it had passed the 60m subscriber mark worldwide. Roughly 40m of those are in the US, which helps to explain why the company is planning an ambitious expansion plan, particularly in Europe, Australia and Japan. Shares in Netflix have also risen by around 40 per cent since the [...]
Netflix v HBO: Streaming site chief exec says rivalry will be like the “Yankees and the Red Sox” April 20, 2015 Netflix chief executive Reed Hastings has a simple message to HBO as the cable TV giant steps into the online streaming market: bring it on. The American billionaire who also sits on the board of Facebook founded Netflix in 1997 originally as a rental-by-post DVD service before moulding it into the dominant player in the [...]
Netflix share price soars after membership passes 60m April 16, 2015 Netflix's share price soared by 13 per cent in early trading in New York on Wednesday after the company announced it had surpassed 60m global users. The video streaming website's seemingly unstoppable growth was enough for investors to ignore earnings per share of 38 cents that came in much lower than the expected 63 cents [...]
Netflix subscriptions beat forecast April 15, 2015 NETFLIX – the home of Better Call Saul – saw revenue jump 24 per cent in the first three months of the year. Revenue rose to $1.57bn (£1.06bn) from $1.27bn a year ago. In the same three months, the TV and film streaming service provider added 4.88m net subscribers worldwide, beating its own forecast of [...]
Daredevil: Netflix’s Marvel adaptation receives rave reviews following Friday’s release April 11, 2015 Just like the binge-watchers who gorge on its endless trove of TV shows, Netflix never stops. Fresh off the back of phenomenally popular shows such as the Breaking Bad spin-off Better Call Saul and season three of House of Cards, Netflix has teamed up with comic book studio Marvel for the first time to bring a [...]