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NEWS
December 18, 2012 | The Motley Fool
I'M EMBARRASSED just thinking about it. I've owned Netflix since it was $19 a share. When it hit $277, I sold. The next day it went up to $283, and I thought, "What was I thinking?" and bought it back. The rest is sad history: It's now around $90 per share. My original gut instinct was accurate, but greed got in the way and I'm paying for it now. I've lost a lot, but at least I did milk the stock over the years, taking profits numerous times to expand my portfolio in other directions.
BUSINESS
December 8, 2012 | By Cliff Edwards, Bloomberg News
Netflix Inc. and chief executive officer Reed Hastings said they may face a Securities and Exchange Commission civil claim over a July Facebook post that coincided with a big gain in the company's stock price. SEC staff alleges Netflix and its CEO violated rules governing selective disclosure, according to a company filing. The July 3 post by Hastings said Netflix viewing "exceeded 1 billion hours" of videos in June. The shares rose 6.2 percent that day. The SEC action highlights the potential for legal trouble when company executives like Hastings, who has more than 200,000 Facebook fans, communicate with the public via social media.
NEWS
February 1, 2013
STILL THINK of streaming Netflix as something you do on a computer? Think again. You can still watch that way, but the service - which charges $7.99 a month for unlimited streaming from its library of TV shows and movies - is available on a variety of devices, from game systems to DVD players, that connect to your television, as well as on the iPhone and Windows phone and the iPad, Kindle Fire and Nook tablets. (A $4.99-a-month plan limits users to two hours of streaming a month and only on a computer.)
ENTERTAINMENT
May 23, 2013 | By Frazier Moore, Associated Press
NEW YORK - Portia de Rossi only believed it was happening when her agent got the good news from the producers. Michael Cera only believed it was happening when the cameras rolled. It happened all right. Arrested Development has risen from the dead with 15 half-hours premiering en masse on Netflix on Sunday at 3:01 a.m. Arrested Development is the cockeyed comedy blessed with a king's ransom of talent and the twisted vision of its mastermind, Mitch Hurwitz, that aired on Fox for three seasons as a cult favorite, then was canceled for low ratings - and maybe because it befuddled everyone who wasn't hooked on its lunacy.
NEWS
December 27, 2012 | By Reed Stevenson, Bloomberg News
Netflix Inc., the world's biggest video-streaming service, said access to its movies and television shows was restored after a disruption caused by Amazon.com Inc.'s Web storage and computing system. Many customers in the Americas weren't able to access content online Monday from around 3:30 p.m. Philadelphia time until late Christmas Eve, according to Joris Evers, a spokesman for Netflix. The blockage was caused by issues with Amazon Web Services, a business hosted on the Internet that's separate from the online retail store, he said.
NEWS
July 15, 2011 | By Jeff Gelles, Inquirer Staff Writer
If this week's online fury over Netflix's price increase proved anything, the obvious choice was this: You can't take away a good deal and not expect people to squawk. Netflix said it was dropping its $10 rock-bottom subscription fee for its combination service - unlimited video streaming plus unlimited DVDs by mail, one at a time. To get the same combo, customers will have to cough up $16 a month, or $7.99 apiece for either streaming or DVDs. Within hours, tens of thousands of customers had complained online - on Netflix's blog, on its Facebook page, and anywhere else they could think of. Many promised to cancel rather than submit.
NEWS
July 29, 2011 | By Maria Panaritis, Inquirer Staff Writer
Two weeks ago, when Netflix announced a price hike for its DVD rentals, reaction from its customers was so off the charts you had to wonder what it was really about. Tens of thousands of posts flooded the company's Facebook page, variously spewing venom or demanding vaguely defined justice. Why? Netflix, purveyor of to-your-doorstep-or-laptop movies and shows, whose Internet-age business model helped eradicate store-based rental rivals, said it would charge $6 more per month in return for the ability to stream or mail-order DVDs.
NEWS
February 6, 2012 | By Bob Fernandez, INQUIRER STAFF WRITER
Raising the stakes in streamed entertainment, phone giant Verizon Communications Inc. will launch a new national streaming service in a joint venture with DVD-rental firm Redbox later this year. The venture will be a direct competitor to Netflix, which now has more than 20 million subscribers, by offering DVD rentals through 35,000 Redbox kiosks and Internet-streamed entertainment by Verizon. Verizon will own 65 percent of the venture and Coinstar Inc., which owns Redbox, will own 35 percent.
NEWS
December 13, 2013 | By Ellen Gray
* LILYHAMMER. Season 2 premieres tomorrow, Netflix.   DECADES of touring - with and without Bruce Springsteen and the E Street Band - have helped make rocker/actor Steven Van Zandt at home all over the world, but he says he never expected to be quite so big in Norway. "Lilyhammer," the show in which Van Zandt plays an American mobster in witness protection who asks to be relocated to Lillehammer, Norway (because he liked what he saw during the 1994 Winter Olympics), returns for a second season on Netflix tomorrow.
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ARTICLES BY DATE
SPORTS
April 7, 2014 | By Frank Fitzpatrick, Inquirer Columnist
I walk daily at a mall. It's warmer in winter, cooler in summer, and the shoppers and ever-changing store windows are a welcome distraction from the exercise. But every week, or so it seems, there are fewer shoppers and more empty windows. Not far away from the moribund mall our neighborhood movie theater was recently converted into an auto dealership. Though only 14 years old, the amenities-laden multiplex proved to be a poor competitor for Netflix and a 21st-century den. Retail stores and theaters are no match for the combination of indolence and the Internet.
NEWS
March 13, 2014 | By John Timpane, Inquirer Staff Writer
Wednesday is the birthday of the World Wide Web. It's 25, a generation old. Together with the Internet, on which it works, it's the most ambiguous invention in human history. The Web/Internet is Shiva: god of creation, god of destruction. It has birthed a world once unimaginable. Robert Thompson, professor of television and popular culture at Syracuse University, says everyone has "the power to access and use others' information, and to produce our own, and send it around the world.
ENTERTAINMENT
February 26, 2014 | By Jonathan Takiff, Daily News Columnist
WHAT'S THE newly announced deal between Comcast and Netflix going to mean for you as a TV viewer? Our resident cable giant and the Internet-streamed subscription-TV service says it's a "mutually beneficial Internet connection agreement" that will guarantee a "high-quality Netflix video experience for years to come" to Comcast Xfinity broadband customers. But what wasn't said is almost as important. Here are some answers:   Q: Is Netflix now going to show up as a viewing option on my cable box?
BUSINESS
February 26, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
The Internet is designed to look simple. You watch Netflix , you search Google , you buy on Amazon . You pay Comcast or Verizon to make it run. The complex, typically invisible arrangements that actually connect Websites to users were suddenly exposed over the weekend: Netflix, whose movie downloads account for up to a third of hourly Internet traffic - and which had been complaining that its shows were downloading slower and...
NEWS
February 25, 2014 | By Bob Fernandez, Inquirer Staff Writer
  Netflix Inc. and Comcast Corp., two of the most powerful companies on the Internet, resolved long-standing differences Sunday on how they conduct business in a deal that will result in drastically improved Netflix video streaming into millions of American homes, company officials said. Netflix, an on-demand video service, will now connect directly to Comcast's broadband network in "dozens" of locations around the nation instead of streaming its film and TV content through third-party Internet content-delivery companies - a process that some believe was expensive for Netflix and degraded its service.
NEWS
February 14, 2014 | By Will Bunch, Daily News Columnist
IT WAS JUST a couple of days ago that I read an alarming allegation about Philadelphia's largest corporation, Comcast. In different corners of America, customers of the nation's largest cable and Internet provider were reporting the same problems loading and watching movies on Netflix. (And right when the new season of "House of Cards" is looming? Are you kidding me?) The customers all voiced the same concern that Comcast - with its own movie-on-demand service that (poorly) competes with Netflix - wants to throttle its rival and speed up growth of its own service.
NEWS
February 14, 2014 | By Ellen Gray
* HOUSE OF CARDS. Season 2 starts streaming on Netflix today. * 48 HOURS PRESENTS: THE WHOLE GRITTY CITY. 9 p.m. Saturday, CBS3. SO MAYBE Frank Underwood wouldn't be every woman's Valentine. But Frank (Kevin Spacey), the scheming, homicidal - and, oh, yeah, adulterous - politician at the very heart of Netflix's conspiratorial "House of Cards," doesn't need to please all of us. He really only needs to stay on the right side of his equally terrifying wife, Claire (Robin Wright)
NEWS
February 3, 2014 | BY VINNY VELLA, Daily News Staff Writer vellav@phillynews.com, 215-854-2513
WHEN THE people of Mount Airy wanted to satisfy their cravings for foreign or obscure films, they went to see Bill Mercer. Mercer, the manager of the Video Library of Mt. Airy, helped link them with titles like "El Violin," a 2005 Spanish-language movie about a violin player, and "Little Otik," a bizarre Czech movie that provides a modern take on a classic fairy tale. Now, the library, the city's last remaining independent movie-rental store, has announced that it will be closing on Germantown Avenue near Mount Airy as soon as it liquidates its remaining stock of tapes and DVDs.
NEWS
December 13, 2013 | By Ellen Gray
* LILYHAMMER. Season 2 premieres tomorrow, Netflix.   DECADES of touring - with and without Bruce Springsteen and the E Street Band - have helped make rocker/actor Steven Van Zandt at home all over the world, but he says he never expected to be quite so big in Norway. "Lilyhammer," the show in which Van Zandt plays an American mobster in witness protection who asks to be relocated to Lillehammer, Norway (because he liked what he saw during the 1994 Winter Olympics), returns for a second season on Netflix tomorrow.
BUSINESS
November 1, 2013 | By Bob Fernandez, Inquirer Staff Writer
Comcast Corp., the cable-TV and media giant, reported Wednesday that third-quarter revenue fell 2.4 percent because of an unfavorable comparison with the previous year, when its top line was boosted by a $1.2 billion blast of TV and Internet advertising associated with the London Olympic Games. Third-quarter profits also took an 18 percent hit because of a separate unfavorable comparison. A year ago, those profits were inflated with the cash proceeds of the sale of wireless spectrum to Verizon Wireless and Comcast's sale of its stake in A&E Television Networks L.L.C.
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