Netflix is about to raise its prices for the first time in three years to help pay for more Internet video programming such as its popular political drama “House of Cards.” The increase, to take place sometime before July, will hike prices by $1 or $2 per month for new customers. The company’s nearly 36 million current subscribers will continue to pay $8 per month for at least the next year
The hoopla surrounding the return of “Arrested Development” on Netflix’s Internet video service has quickly dissolved into a letdown on Wall Street.
Netflix’s move to compete against traditional cable-TV channels with original programming is pulling in more subscribers to its internet video service and winning back investors who doubted the company’s ability to develop distinctive entertainment.
Netflix’s newest original series will be a science-fiction venture from the duo behind the “The Matrix” trilogy. Los Gatos-based Netflix announced that it will stream “Sense8″ late next year for subscribers…
Netflix’s Internet video service has added 2 million U.S. subscribers during the final three months of the year to produce an unexpected profit for the company.
CNET Editor at Large Brian Cooley said this is likely the first of many court battles between Aereo and television networks.
Netflix said its subscribers watched more than 1 billion hours of online video last month as the advent of high-speed Internet connections and high-powered mobile…
A startup company is testing out a service that will let subscribers watch over-the-air television programming on their iPhones and iPads.
To hear Netflix CEO Reed Hastings tell it, the bone-headed decisions that have dragged down the Internet’s leading video subscription service during the past five months eventually will be forgotten like a bad movie made by a great film director.
Netflix shares plunged 35 percent Tuesday after the one-time Wall Street favorite revealed a massive departure of subscribers angered by price increases & other questionable changes…