Asia is a tough market for Western companies, which is why Netflix is considering to partner with a local player as it looks for further international expansion options. The revelation was made during Tuesday’s Q3 earnings call, which had a somewhat sobering tone.
As more sources of news start to go direct by posting their thoughts to their blogs, Twitter and Facebook pages, a journalist’s role becomes more about deciding what to amplify and what to ignore.
Reed Hastings just doesn’t understand Amazon Prime Instant.
Low broadband caps in Canada put that country close to third-world countries, and overage charges almost amount to human rights violations: Netflix chief content officer Ted Sarandos blasted broadband caps and usage-based-billing employed by Canadian ISPs during an investor event Thursday afternoon.
Redbox Instant by Verizon doesn’t want to beat Netflix with a bigger catalog, but rather focus on fewer titles that matter. You know, like that Redbox kiosk in your supermarket. Coinstar CEO Paul Davis revealed some details about the service during an interview.
As it takes a hammering at home, Netflix is pinning its hopes on getting traction in Europe. But Adam Valkin, the founding CEO of rival video service Lovefilm, says that the US company could have owned the market if it hadn’t pulled out of a European launch in 2004.
ISP technology provider Procera Networks now says its data indicating that Netflix traffic was down 25 percent Sunday was a “blip,” and that the company’s streaming activity is back up to “normal levels.” It also says its data covers only its clients’ networks.
Remember when Friendster was the hot social network, publishers doubted that ebooks would ever sell, and Netflix (s NFLX) thought DVDs in red envelopes was the future? We do — that was that state of digital media when paidContent launched in 2002.
Company CEO Reed Hastings tells investors that an exclusive licensing deal with premium cable channel Epix is about to run out … but not to worry, since Netflix doesn’t get that much viewing from the pact, anyway.
With Netflix returning to narrow profitability, all of its other regions growing, and 1 million subscribers added in the first six months of operation in the U.K and Ireland, CEO Reed Hastings said the time is right to expand into Western Europe.