This week is a good one to be a Netflix (NFLX) shareholder: Its earnings report showed 1Q earnings per share topped estimates (31 cents versus consensus 20 cents), revenues came in on target ($1.02 billion for the quarter), and earnings guidance for the second quarter is, in the best case scenario, nearly 50 percent above […]
Some of you may be bleary-eyed this morning after a weekend of intense Netflix viewing. The company rolled out its latest batch of original content, the supernatural thriller “Hemlock Grove.†All 13 episodes of the show were made available at once on Saturday, a la “Lilyhammer†and “House of Cards,†guaranteeing at least some Netflix […]
Hulu’s original content play has become more animated, as it announced a new, 13-week series starring Eva Longora—she of “Desperate Housewives†fame—as a record exec who moves to suburbia to give motherhood a try. The flip? It’s a cartoon, and Longora will provide the voice for Rudi Wilson in “Mother Up!†The show debuts this […]
With pay-TV providers continuing to lose subscribers to over-the-top offerings like Netflix and Hulu, the question in the C-suite has to be “How do we keep/get back those former subscribers †Turns out, that’s a pretty simple proposition: Bribe them. New research posits that 44 percent of customers who re-subscribed to pay-TV services in the […]
Netflix has gotten a big boost from Richard Greenfield, an analyst at BTIG Research, who has stamped a BUY rating on the content aggregator and reset its price target to $250… a big journey from its current range, but still shy of the $300 heights it hit before its bubble burst. Why now? Greenfield says […]
You gotta love Liberty Media chief John Malone, one of the original cable cowboys who took the then-fledgling technology to the masses in the U.S. and around the world. Malone has a bee in his bonnet (well, several, actually, but more on that later): The rising costs of sports programming, which, he told CNBC, has […]
Birds do it, bees do it… wait, wait, wait, wrong song. Intel wants to do it, Microsoft and Google could do it, Verizon is kinda doing it, and now, AT&T? No, not falling in love, but launching a streaming video service. Could it be the mythical Virtual MSO? AT&T, according to Variety, last month sent […]
Have you got “the best idea ever†for a streaming media service? You might just be nearing the catbird seat. (Psst! Intel, Google Fiber listen up!) A poll from Harris Interactive suggests that nearly 40% of U.S. adults in that prime 18-34 age group would be willing to leave their pay-TV service provider for a […]
I’m still recovering from “House of Cards,†“Mad Men†and “Walking Dead†marathons on Netflix, but I’m pretty sure that I’ll be ready to get back in the lounge chair for one more big event: Netflix has announced “Arrested Development,†all 15 episodes at once, is rolling out at 12:01 a.m., May 26, a Sunday […]
