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Amazon to launch video streaming service in Japan

Last Updated: Thursday, August 27, 2015, 09:25

Amazon.com said on Wednesday it plans to launch its video streaming service in Japan for members of its Prime paid service as it gears up for Netflix Inc`s planned entry into the country in September.

Netflix revenue boosted by strong subscriber growth

Last Updated: Thursday, July 16, 2015, 09:27

Netflix Inc reported a 22.7 percent jump in quarterly revenue as the video streaming service provider added more net subscribers worldwide than its expectations.

Alibaba to launch Netflix-like video streaming service in two months

Last Updated: Sunday, June 14, 2015, 20:17

Alibaba Group Holding Ltd will launch an online video streaming service in China in about two months, hoping to emulate the U.S.`s Netflix Inc and HBO, the firm`s head of digital entertainment said on Sunday.

Facebook shareholders shoot down 'one share, one vote' proposal

Last Updated: Friday, June 12, 2015, 09:27

Facebook`s eight directors, including Netflix Inc Chief Executive Reed Hastings and Facebook`s chief operating officer, Sheryl Sandberg, were re-elected.

Netflix investors approve share increase, company to pursue stock split

Last Updated: Wednesday, June 10, 2015, 09:15

Netflix Inc shareholders on Tuesday approved a massive increase in the number of shares the company is authorized to issue, the first step toward a possible stock split.

Netflix's soaring valuation raises some doubts on Wall Street

Last Updated: Friday, April 17, 2015, 02:52

Netflix Inc has been a stock market darling over the past few years and strong first-quarter subscriber additions sent its shares to another record high on Thursday. But is the company`s sky-high valuation sustainable?

Netflix will stick with ad-free model in China push: CEO

Last Updated: Thursday, April 16, 2015, 07:38

Netflix Inc is pursuing a subscription video streaming service without commercials for the Chinese market, keeping with its traditional business model rather than seeking advertisers, Chief Executive Officer Reed Hastings said on Wednesday.

Netflix seeks to raise share authorization in step to stock split

Last Updated: Saturday, April 11, 2015, 09:09

Netflix Inc is seeking to increase its share authorization by nearly 30 times, the video streaming service said in a filing with regulators.

Netflix to premiere original series "Montauk" in 2016

Last Updated: Thursday, April 2, 2015, 22:53

Streaming video service provider Netflix Inc said it will premiere its next series, "Montauk", in 2016 as it looks to boost its original content in a highly competitive market.

Netflix adds 2.3 mn US subscribers in Q4

Last Updated: Thursday, January 23, 2014, 10:28

Netflix Inc added more than 2.3 million US customers in the fourth quarter, sending its shares up 17 percent in after-hours trading, and said it was testing different pricing plans for its monthly TV and movie streaming service.

Netflix hikes CEO salary by 50% for 2014

Last Updated: Tuesday, December 31, 2013, 18:36

Netflix Inc raised the salary of its Chief Executive Reed Hastings by 50 percent to USD 6 million for 2014, a regulatory filing showed, as its stock quadrupled in value this year amidst new programming and a growth in subscriber base.

Amazon, Viacom close to Web video deal

Last Updated: Wednesday, February 8, 2012, 09:46

Amazon.com Inc (AMZN.O) is about to announce a Web video deal with Viacom Inc (VIAB.O).