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Paidcontent (Free subscription) | 25/07/2008
Kicking off the call, Netflix ( NSDQ: NFLX ) CEO Reed Hastings predicted that the DVD-by-mail segment would continue expanding for another 5-10 years, despite the deteriorating economics of the DVD business and the emergence of digital distribution. He immeditely got into the company's digital strategy, saying: "We don't plan to enter the pay-per-view segment (Apple ( NSDQ: AAPL ), Amazon...
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Hacking NetFlix (Free subscription) | 24/07/2008
Brier Dudley from the Seattle Times reports that Netflix CEO Reed Hastings is buying Microsoft stock, Xbox deal must look sweet, Netflix boss buying Microsoft shares. Hastings acquired 53,300 shares today in five separate blocks, at prices ranging from $25.54 to $25.60, or about $1.36 million combined. Hastings now has 177,000 shares of Microsoft, according to a Securities...
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Hacking NetFlix (Free subscription) | 21/07/2008
Netflix CEO Reed Hastings answered a few questions from HackingNetflix about the Xbox 360 Watch Instantly partnership: Why the Xbox 360 instead of Sony's PS3? It includes a Blu-ray player. The Xbox 360 is outselling the PS3 domestically about 2 - 1. Is this an exclusive relationship? Hastings confirmed that it is exclusive to the Xbox 360 (eliminating hopes for a Wii or PS3 player)....
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Blog of Hilarity (Free subscription) | 20/08/2008
... just some slob who really likes DVDs mailed to him. This is the bobble version of Netflix CEO Reed Hastings. The story behind this bobblehead is that Hastings gave these out to all his employees in 2004, upon the signup of the two millionth Netflix customer. Which is pretty great for morale. “Hey, I could give all you guys bonuses, but screw it…here’s my fat .com ass in bobblehead...
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BetaNews (Free subscription) | 04/08/2008
... LG press event here Thursday night.In a preview for BetaNews at the event, Jason and Netflix CEO Reed Hastings showed video from both sources playing on an LG HDTV. From the BD300's main menu -- accessible through the "home" button on the remote -- users will be able to choose between video streaming through the "Netflix Watch Instantly Service" and video playback from Blu-ray disc.Other...
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Information Week (Free subscription) | 05/08/2008
... movies. If Netflix charges more for Blu-ray discs, it would not be unexpected. Chief executive Reed Hastings a "modest monthly premium" for Blu-ray discs. Swasey said Blu-ray discs cost the company 25% more than standard DVDs. Netflix has offered high-definition movies for quite awhile. The company recently launched a streaming movie service for people willing to watch movies on their...
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Home Theater (Free subscription) | 04/08/2008
... and how much. “Consumers are used to paying more for high-definition content,” said Netflix CEO Reed Hastings back in April. A little over a week ago, Hastings said that the increase would be coming soon. Apparently, he meant to say “very soon.” Have you been hit with the increase yet? Considering the cost of some Blu-ray titles, I don’t think a buck or two extra is all that...
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Gizmodo (Free subscription) | 29/07/2008
Subscribers hoping that Netflix would get into the pay-per-view space will be slightly disappointed, as its CEO reiterates that they will always be in the subscription business. Reed Hastings says,...
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Engadget HD (Free subscription) | 26/07/2008
Filed under: Industry , Blu-ray Netflix taketh away , and Netflix giveth . Netflix is about to taketh once more (this time from your wallet), with CEO Reed Hastings noting on a recent conference call that the promised Blu-ray premium would be instituted "very shortly." Specifics weren't mentioned, but we are hearing that the new pricing will be applied across its entire subscriber base...
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AfterDawn.com (Free subscription) | 25/07/2008
Netflix founder and CEO Reed Hastings is pleased with his company's performance over the last quarter. The company increased in both revenue and subscribers, just as they have in every quarter but one during their short history. His primary focus during a conference call today was expansion of their streaming video offering. Hastings repeated sentiments voiced at the company's...
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Hacking NetFlix (Free subscription) | 25/07/2008
Netflix CEO Reed Hastings said that Netflix would begin testing a Blu-ray price increase "very shortly." He also said that a small percentage of users ("low single digits") currently rent Blu-ray titles, but they expect that to increase this year with the introduction of low-cost Blu-ray players during the holiday season. What do you think is a fair premium for Blu-ray titles?
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Hacking NetFlix (Free subscription) | 25/07/2008
Netflix CEO Reed Hastings announced during the earnings webcast that they now offer more than 12,000 movies and TV shows for Watch Instantly, up from 2,000 when the service launched 18 months ago.
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Times of the Internet (Free subscription) | 25/07/2008
LOS GATOS, Calif., July 25 /PRNewswire-FirstCall/ -- Netflix, Inc. (Nasdaq: NFLX) today reported results for the second quarter ended June 30, 2008. "We are pleased to announce another quarter of strong financial results," said Reed Hastings, Netflix co-founder and chief executive officer. "This quarter we delivered 25 percent year-over-year growth in subscribers, our lowest SAC ever...
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Silicon Alley Insider (Free subscription) | 25/07/2008
As promised , Netflix will start testing higher prices for hi-def , Blu-ray movies "very shortly," CEO Reed Hastings said on the company's Q2 earnings conference call this morning. Depending on how those tests go, the company will implement the new pricing across its subscriber base of 8.4 million people. Blu-ray rentals still make up a "very low," low single-digit percentage of rentals,...
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Portfolio.com: The Tech Observer (Free subscription) | 25/07/2008
Kevin Maney writes: Hats off to Netflix CEO Reed Hastings. Over and over, he seems to make smart tweeks to the company's tactics at the right times. And in his highly competitive, rapidly-shifting business of providing content for the home, Netflix once again reported growing earnings . It's not exactly exploding like Google, but revenue for the second quarter were up 11%; profits, up...
