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Netflix says price hike had ‘minimal impact’; hits 50 million streaming customers worldwide

Despite a recent price hike, Netflix said today it was able to add more subscribers than expected in the second quarter thanks to customers binge-watching the popular series “Orange is the New Black.” The Los Gatos, Calif.-based company said it signed up 570,000 new streaming customers domestically in Q2 to beat analyst expectations of 520,000 new members, and for… Read More

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Want Netflix? That’ll be $1 extra

After the company said it planned to increase prices for its streaming video service in its quarterly letter to shareholders last month, Netflix has made good on its promise. Customers interested in becoming subscribers will now have to pay $8.99 a month for the privilege of watching “Orange is the New Black,” “House of Cards,” and… Read More

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Amazon is paying big bucks for those HBO exclusives

Reaction to Amazon’s content deal with HBO this morning was decisive: Neftlix just lost. Amazon gains three things from the deal: It sets itself apart from the streaming-video leader; gives customers a reason to continue paying $99 for its Prime program; and maybe provides additional incentive to buy its devices. Up until now, Netflix has enjoyed having a much… Read More

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Netflix voice support coming to Amazon Fire TV this year

Last week, it was Hulu and Crackle joining the Amazon Fire TV party. Now, Netflix is in, too. In his letter Q1 earnings letter to shareholders, Netflix CEO Reed Hastings said that his company expects to enable voice search for Amazon’s new $99 set-top box “later this year.” Currently, the voice search feature — which we came… Read More

Amazon Prime's value perception has moved only slightly lower, but Netflix's has risen significantly.

99 reasons but price is not one: Consumers still value Netflix over Amazon Prime

There’s several reasons why consumers still prefer Netflix over Amazon, but the new $99 price tag of Amazon Prime isn’t one. That’s potentially good news for Amazon, which was seeing consumers protest following the announcement that Amazon would be raising the price of its shipping and streaming video service to $99. According to survey conducted… Read More

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Netflix jabs at Amazon with ‘Drone 2 Home’ spoof video

The folks over at Netflix seem to have a few extra hours on their hands and decided to produce a video that pokes fun at Amazon’s ambitious plans for a drone delivery system. The spoof, which mocks Amazon’s long-term vision for delivering products through the air, shows a “Drone 2 Home” service that zips Netflix… Read More

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How tablets are taking a bite out of the TV market

LAS VEGAS — Tablets have already taken the momentum out of the traditional PC market, as many consumers opt Apple iPads, Kindle Fires, and Android tablets for scenarios that would have been the domain of Windows notebooks in the past. Now, they’re starting to do the same to the television market, an analyst with the… Read More

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Hey kids, no binge-watching: New Netflix animated series will be released in installments

While “binge watching” – sitting down and viewing a whole season in one go – has been one of the hallmarks of Netflix’s original programming, it seems like the company has decided that’s not suitable for its younger viewers. The company announced today that Turbo Fast, its animated children’s show produced in conjunction with Dreamworks,… Read More

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Netflix aims to prevent another Christmas Eve disaster with new technology

On Christmas Eve of last year, problems with Amazon Web Services brought down Netflix’s platform, causing frustrated customers to take to social networks and complain as their family movie nights ground to a screeching halt. Now, thanks to new capabilities, Netflix seems confident it can weather a disaster of even greater proportions. In a new blog… Read More

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Amazon.com inks another deal with PBS, this time for rights to ‘Mr. Selfridge’

Amazon.com inked another streaming deal with PBS today, gaining exclusive rights to “Mr. Selfridge,” starring Jeremy Piven. The first season of the show is available on Amazon Prime Instant Video starting Wednesday. PBS and Amazon.com have already reached similar streaming deals in the past, with the most recent coming this past June to bring past seasons of NOVA, Masterpiece and Ken… Read More

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SHAZAM! Netflix announces new superhero shows in partnership with Marvel Studios

While Amazon is still looking to get its legs under itself in the online original television space, Netflix is hoping that a super-powered punch will put its streaming platform ahead of the competition. The company announced today that it’s partnering with Marvel Studios, the same company that’s behind the wildly successful “Avengers” franchise, to create… Read More

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Sorry, binge viewers: Amazon’s original comedies will revert to weekly schedule after first three episodes

After Amazon’s “harrowing exercise in online democracy,” two adult comedy pilots remained: “Alpha House,” about a group of misfit senators who share a house in Washington, D.C. and “Betas,” a show about a group of friends hoping to hit the big time with a new social networking app. Now, the company is looking to see… Read More

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Netflix CEO Reed Hastings on competition with Amazon and what’s next with game consoles

While his company’s stock is still rising in after hours trading, and looks like it may top $400 a share on its latest quarterly earnings report, Reed Hastings doesn’t seem that excited. On a video call with analysts following the company’s quarterly earnings disclosures, Hastings seemed cool, collected and confident, but not eager. Netflix is… Read More

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Netflix posts $1.1B in revenue and tops 40 million subscribers: Stock soars as CEO Reed Hastings warns of ‘euphoria’

Online streaming titan Netflix has a lot to be happy about. This year, original shows that the company produced received 3 Emmy awards, including a Best Director win for “House of Cards” director David Fincher, the first time any show has won a Primetime Emmy without ever having aired on television first. “Orange is the… Read More