Lawsuit, FTC investigation spelled end for competition When Netflix finally announced the winners of its three-year, $1 million contest last fall, the buzz was so great that the company wasted no time in announcing a sequel. That contest gave consumers all over ...
Netflix cancels sequel to movie-recommendation contest in response to privacy complaints DVD-by-mail service Netflix Inc. has canceled a sequel to a $1 million movie-recommendation contest, avoiding a potential courtroom drama over the privacy rights of its subscribers. The retreat announced Friday settles ...
Netflix downgraded; analyst cites high share price, worries post office may raise rates A Morgan Stanley analyst downgraded Netflix Inc. Friday, citing the DVD rental company's stock price, the potential for postal rate hikes and increasing competition. In a note to clients ...
Netflix shares slip as investors pull back from rally; Susquehanna, Kaufman downgrade stock Shares of Netflix Inc. slipped Wednesday, with investors pulling back after a surge in the stock's price over the past month. Shares fell $1.60, or 2.3 percent, to $67.38 ...
<div id="subtitle">Diminishing returns: DVD vending machine leader Redbox looms as budget alternative to Netflix</div><div><p>With more subscribers than ever flocking to its DVD-by-mail service, Netflix Inc. is one of the few companies to prosper during the worst U.S. recession in 70 years. Yet ...
<div id="subtitle">Group comes close to winning $1 million Netflix prize to improve recommendations</div><div><p>A multinational group of researchers, scientists and engineers are close to winning a $1 million challenge to improve Netflix Inc.'s system of recommending movies that its subscribers might like.</p>< ...
<div id="subtitle">Blockbuster hoping to close Netflix gap by piping video rentals on Internet to Samsung TVs</div><div><p>Having been a step behind in the race to pipe entertainment from the Internet to TV screens, struggling video rental-chain Blockbuster Inc. is counting on a new ...
<div><p>Video rental firm Blockbuster, which has been struggling to keep up with rival Netflix, announced a deal with Samsung on Tuesday that will allow users to rent movies streamed over the Web.</p><p>The Dallas, Texas-based Blockbuster said that the on-demand service will be ...
<div id="subtitle">Netflix remains on a roll in recession as 2Q profit rises 22 percent to top analyst views</div><div><p>Netflix Inc.'s second-quarter profit shot past analyst expectations, following a familiar script as recession-weary consumers flocked to its DVD-by-mail and Internet streaming service.</p><p ...
<div id="subtitle">Netflix 2nd-quarter profit, sales jump as subscriber base grows</div><div><p>Netflix Inc.'s second-quarter profit coasted past expectations as recession-weary customers continued to embrace its DVD-by-mail and streaming movie service.</p><p>Los Gatos, Calif.-based Netflix also boosted its 2009 profit outlook ...
