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…
Netflix’s third-quarter earnings rose 65 percent even though the video subscription service suffered the biggest customer losses in its history.
LOS GATOS (CBS/AP) — Netflix has lowered its U.S. subscriber expectations for the third quarter because of customer losses relating to a split of its DVD and streaming options. The company, which separated its streaming […]
Netflix Inc. is bracing for customer backlash that could result in its slowest subscriber growth in more than three years amid changes to its online video and DVD rental service that will raise prices by as much as 60 percent.
Netflix is raising its prices by as much as 60 percent for millions of subscribers who want to rent DVDs by mail and watch video on the Internet.
Netflix is expanding its movie and TV show streaming service into 43 countries throughout Latin America.
Verizon Wireless will start offering the iPhone with a draw that AT&T no longer offers to new subscribers: a plan with unlimited data usage. But some AT&T iPhone users on limited plans won’t need to move to Verizon for unlimited data.