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Netflix back with a vengeance in Q4: revenues & subscribers both up
Against all odds, streaming-video giant Netflix is actually making money and signing up new customers. The company beat Wall Street estimates with better-than-expected fourth quarter results,...
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Why Netflix CEO Reed Hastings is suddenly warming up to cable & satellite TV...
Netflix Chief Executive Reed Hastings is typically associated as one of the leading faces for the “cord cutting” movement, which is made up of people who canceled their expensive cable or satellite...
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Netflix CEO already talking to cable execs, may become HBO competitor
It looks like Netflix chief executive Reed Hastings isn’t just thinking about the far-off future for a Netflix-cable partnership. He may already be in talks with cable company executives. According to...
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Reed Hastings & Comcast’s 22M subscribers may gain access to Xbox HBO Go app
Comcast is finalizing a deal to make the HBO Go Xbox app available to its 22.3 million customers, reports the New York Times. That means Comcast customers will be able to watch new episodes of Game of...
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Netflix’s Reed Hastings takes a swing at Comcast in the name of net neutrality
Netflix head honcho Reed Hastings isn’t one to keep quiet when he thinks his company isn’t getting a fair shake against the competition. But unlike most CEOs who use official channels like press...
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Netflix: 1 billion hours watched in June is the most ever
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: Hastings congratulates colleague Ted Sarandos for the...
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Netflix stock jumps 20 percent on massive customer streaming numbers
Want to know who’s smiling right now? Netflix CEO Reed Hastings. Hastings’s previously beleaguered Netflix is in the midst of a stock resurgence: Its shares have spiked nearly 20 percent in the past...
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HBO unsurprisingly extinguishes any hope of working with Netflix
Premium TV channel HBO said today it will not be forming a partnership with video rental service Netflix. Netflix CEO Reed Hastings insinuated that his company might form an agreement with HBO —...
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Olympics could be playing havoc with Netflix streaming activity
Video rental service Netflix might be experiencing up to a 25 percent drop in streaming usage activity in the U.S., according to research conducted by Procera. If true, the lowered activity wouldn’t...
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Facebook gains as Netflix CEO Reed Hastings buys $1M in stock and Microsoft...
In a dramatic move befitting of his company’s business, Netflix CEO and Facebook board member Reed Hastings ponied up more than $1 million for a small stake (0.0017 percent) in Facebook. According to...
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Why Netflix should fear its inferior competitor, Amazon Prime
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...
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Netflix CEO Reed Hastings steps away from Microsoft’s board
Netflix CEO Reed Hastings will leave Microsoft’s board of directors in November, the two parties announced today. “I’m thrilled to have served on the board at such a pivotal time for Microsoft,...
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Netflix reaches 30M streaming subscribers
Netflix CEO Reed Hastings has a habit of announcing good news about his company via Facebook rather than a stuffy jargon-filled press release. I can only assume this is because press releases don’t...
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Netflix’s Reed Hastings says Amazon Prime loses $1B annually
Amazon could be losing up to $1 billion per year on its streaming video service Amazon Prime, according to Netflix CEO Reed Hastings, who commented during an interview with Dow Jones editors in New...
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Netflix CEO Reed Hastings: We want to be the biggest business in the world...
Netflix chief executive Reed Hastings took the stage at Amazon’s big cloud event in Las Vegas today with Amazon’s senior VP Andy Jassy, and told the audience that he wanted Netflix to be the largest...
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PlayStation 3 outpaces Wii, Apple TV, and Xbox 360 as a Netflix player
Pretty much every Internet connected device can stream movies from the subscription-based Netflix service. Among the hardware that connects to televisions, which includes gaming consoles and...
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The PlayStation 3, not Xbox or Apple TV, is the top device for Netflix...
The PlayStation 3 has trailed Microsoft’s Xbox 360 in the video game console market for a long time. But not in everything. Sony announced today on the PlayStation blog that the PS3 is the number one...
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Netflix chief Reed Hastings in hot water with SEC over a Facebook post
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...
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First Roku was a Netflix-branded box code-named ‘Project Griffin’
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...
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Ahead of House of Cards premiere, Netflix asks investors to fund new original...
Netflix CEO Reed Hastings has a track record for making bold decisions about his company based on the prediction of a successful outcome. So, Netflix’s decision to ask investors to pony up more money...
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