Nintendo announced plans to drop the retail price of its portable Nintendo 3DS system to $169.99 in the U. S. down from the suggested launch price of $249.99 effective Aug. 12.
The Sundance Institute is moving aggressively to help its filmmakers with independent online distribution, expanding its Artist Services Initiative to include partnerships with iTunes, Amazon Instant Video, Hulu, Netflix, SundanceNOW and YouTube.
Research from Nielsen indicates more Netflix users are connecting to the service via gaming consoles.
Netflix may have created a storm of anger when it announced its new prices, but it's in the midst of several new deals that will help keep it on top.
Netflix sees 70 percent of subscribers choosing 'Stream Only' option.
After being mired in a stock slump in recent months, DreamWorks Animation announced a stronger than expected second quarter.
When Netflix reports second-quarter earnings late on Monday, financial analysts will look to the company to give not only an update on its financials but also some clarity into its future. With an ambitious plan to expand into 43 Latin American countries and a dramatic change to its pricing plans, Netflix has a lot of big changes expected in the second half of the year.
Walmart customers will now be able to not just buy physical discs from Walmart.com but stream movies and TV episodes as well.
Netflix's shares drop after analysts question its future following a new price increase.
Wal-Mart is moving Vudu to the company's main Web site, in a bid to directly take on Netflix and other video providers.
The top pre-market NASDAQ Stock Market gainers are: OceanFreight, S1 Corp., PLX Technology, Sanmina-SCI, and Broadcom. The top pre-market NASDAQ Stock Market losers are: Netflix, STEC, Fundtech, Rediff.com India, and Gulf Resources.
Wal-Mart is moving its streaming video service Vudu to its main Web site, in a move to challenge Netflix.
Jefferies & Co. said Netflix Inc.'s (NASDAQ: NFLX) second quarter results missed revenue and subscribers addition estimates on higher churn, while third quarter guidance was below consensus.
Negative impact is only short term, executives say
Netflix Inc, the top video rental company, reported second-quarter revenue that fell short of expectations and cautioned that subscriber growth would slow in the third quarter, sending shares down about 9 percent.
Netflix short-sellers gained a measure of redemption Monday as the company missed on revenue expectations with its second quarter earnings report and the stock dropped more than eight percent in after-hours trading.
Netflix missed Wall Street's expectation in second quarter earnings Monday, and the stock dropped more than eight percent in after-hours trading.
Netflix will report second quarter earnings Monday afternoon, and many shorts are wondering if it's just what they have been waiting for.
The companies whose shares are moving in pre-market trade on Monday are: Roper Industries, Netflix, International Paper, Computer Sciences, Safeway, SUPERVALU, Chesapeake Energy, Boeing, Baker Hughes, Suntrust Banks, Micron Technology and EMC Corp.
The top pre-market NASDAQ Stock Market gainers are: Wowjoint Holdings, E*TRADE Financial, Netflix, Silicom, and Randgold Resources. The top pre-market NASDAQ Stock Market losers are: Kandi Technologies, Silicon Laboratories, Mindspeed Technologies, Crimson Exploration, and Exterran Partners.
The companies which are expected to see active trade on Monday are: Netflix, Anadarko Petroleum, Baker Hughes, Texas Instruments, Broadcom, Eaton, FMC Technologies, Kimberly Clark, Lorillard and Masco Corp.
Each tech giant has their case for obtaining Hulu in leading its company toward dominance on the web. Apple seeks interest in possibly jumpstarting their Apple TV services. Google may have a similar case along with solidifying its social networking features on Google+. For Yahoo, the former premiere search engine website seeks a comeback in both traffic and revenue with Hulu as their missing piece of the puzzle.