Amazon.com may be gearing up to start charging for the unlimited video streaming service it now includes free with Amazon Prime. Sound familiar? Of course it does -- just rewind a few months to a summer that Netflix would certainly prefer to forget.
Netflix impressed skeptical investors with better-than-expected results on Wednesday night. If you want to know why the stock rallied on the news but you don't want to get your hands dirty by scouring the report, here are your answers.
Just six months ago, consumers loved Netflix for its all-you-can-eat video services, and investors did too. These days, after a series of customer-aggravating missteps, the dot-com darling has become a dot-com dud on Wall Street. But are the analysts right to be so down on Netflix?
A host of new products launched this year. So were big successes -- like the iPhone 4S and the Boeing Dreamliner 787. Other new offerings crashed and burned spectacularly. Here's 24/7 Wall St.'s look at the biggest duds of 2011.
Netflix wants to thank you for your loyalty. The beleaguered video rental giant is offering subscribers to its DVD plans an extra disc this month. No catch, no bait and switch: Just a straight good will gesture after a year of missteps.
Shares of Netflix are down nearly 50% year to date for a variety of reasons: The loss of its popular Starz content, the price hikes, and the infamous Qwikster debacle. But online video is still a hot market. Here's a closer look at three companies that could profit from Netflix's missteps.
If Netflix's poorly received rate hike and Qwikster fiasco didn't leave you questioning CEO Reed Hastings' ability to lead the video buffet operator, Monday night's quarterly report should do the trick. But it'll take more than strategic missteps and fumbled apologies to send the CEO packing.
The Qwikster jokes are already old, and it's back to business as usual for video buffet operator Netflix -- or is it? Its stock prices are low, and there are lingering questions. But Netflix can make it right with the public again, starting with cleaning up these three big messes it recently made.
Netflix's dramatic reversal, a cash-crunched wireless carrier, a desperate handset maker, blessings from Europe for Microsoft, and Steve Jobs: The Motion Picture. This is the stuff that will dominate high-tech headlines in the coming days. Here's what to watch as the week unfolds.
Realizing that the consumer is usually right, Netflix is abandoning plans to separate its streaming business from its mail-order roots. Here's why Qwikster -- the site that would have served as the new home for customers receiving discs by mail -- was mercifully killed by the former tech darling this morning, sending shares higher.
American household incomes have fallen more since the recession ended than they fell during it, a new study reveals; EU leaders say they have a plan to solve the sovereign debt crisis; and Netflix has declared its big Qwikster plan dead on arrival.
The three months since Netflix announced its price change have been fairly disastrous for the company, with the stock down 60% from its peak. But reports of Netflix's death are exaggerated: Vulture-like investors hoping to pick up shares at rock-bottom prices should hold out. Here's why.
Remember when the third quarter was supposed to bring debuts of the iPhone 5 and an Android tablet from Amazon.com? Relevant announcements may still come next week; also on tap are quarterly results from American Greetings and Paychex.
It doesn't take long to go from hero to goat on Wall Street. Just ask Netflix. The video rental giant has gone from hitting all-time highs just two months ago to busting through new 52-week lows. To blame? A widely criticized price adjustment and its recent Qwikster launch.
The video rental giant revealed on Sunday that it will be dividing its operations into two distinct websites: Netflix.com will focus solely on its popular streaming service, while DVD and Blu-ray plans will be swept over to a new website, Qwikster, that will officially launch in a few weeks. Let's go over what subscribers (and investors) need to know.