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January 28, 2010
Netflix shares leap 10%
...Microsoft’s Xbox 360. About half of Netflix subscribers download material digitally...sharply with the troubles facing rival Blockbuster and its network of physical stores...during the quarter failed to pay off.Netflix’s net earnings increased 36 per cent... By Jonathan Birchall in New York
February 3, 2010
Movie Gallery files for bankruptcy again
...proceedings. The move comes just weeks after Blockbuster, its larger rival, warned of significantly...December failed to pay off. In contrast, Netflix, the web-based service that offers...officer, cited intense competition from Netflix as well as cable and other view-on-demand...Reed Hastings, chief executive of Netflix, said last month he expected further... By Jonathan Birchall in New York
May 20, 2008
Netflix launches $100 set-top box
...introduction of a $100 set-top box. Netflix’s box will compete with Apple TV...red-envelope postal deliveries of Netflix’s DVDs. Blockbuster, its biggest rival, is also reported...services, increasing the pressure on Netflix to win market share in the streaming... By Chris Nuttall in San Francisco
July 25, 2006
Netflix outlook disappoints
...coming onslaught of competition from Blockbuster, with technology giants Apple and...following closely behind, sent shares in Netflix, the pioneering online video rental...conservative,” said Reed Hastings, Netflix chief executive. However, Barry McCarthy...customers it would lose each month – Netflix had changed course to be “less aggressive...than in the past. Commenting on Blockbuster’s marketing push to persuade more... By Richard Waters in San Francisco
July 25, 2007
Netflix suffers as rivals pick up
Netflix shares hit a two-year low yesterday...because of increasing competition from Blockbuster. The company's woes were exacerbated...new customers from signing up. Netflix has been the leader in online DVD rentals, stealing a march on Blockbuster, which has been slower to react...in internet rentals. However, Blockbuster's own online DVD rental service...battle," said Reed Hastings, Netflix's chief executive. The number... By Matthew Garrahan
September 3, 2009
YouTube in talks to offer film rentals
...s owner, in direct competition with a host of other companies providing movies online, including Amazon, Apple, Blockbuster, Hulu, Netflix, Microsoft, through its Xbox console, and Sony, through the PlayStation 3. Rental fees could provide the lossmaking... By Chris Nuttall and Richard Waters in San Francisco and Matthew Garrahan in Los Angeles
March 4, 2009
Blockbuster in battle to secure new financing
...generates a lot of cash,” she said. Blockbuster, owned by media conglomerate Viacom...Wal-Mart and in DVD rentals from NetFlix, the online film rental group...Movie Gallery, one of Dallas-based Blockbuster’s competitors, filed for bankruptcy...considering bankruptcy. Shares of NetFlix, which has taken a substantial amount of Blockbuster’s market share, rose nearly... By Julie MacIntosh in New York
January 7, 2010
Warner seals DVD deal with Netflix
...four-week release “window” with Netflix, the film subscription service. The...sale and their availability to rent from Netflix. This is likely to boost sales from...more copies of its titles available to Netflix and will provide more movies for the company... By Matthew Garrahan in Los Angeles
February 15, 2008
Wal-Mart puts Blu-ray on brink of victory
...was a response to customer preference. It follows similar moves by other large retailers, including Target, Best Buy, Netflix and Blockbuster. After fighting to a stalemate for much of the past two years, Blu-ray’s advantage now appears commanding and has... By Joshua Chaffin in New York
January 28, 2010
Netflix adds 1m subscribers
Netflix, the video rental service, saw its shares...1m subscribers in its fourth quarter.Netflix said it had 12.3m subscribers to its...closures of physical video rental stores.Netflix's net earnings increased 36 per cent... By Jonathan Birchall