media

Netflix at $8.99 is Still a Bargain

More customers (and more revenue from them) means that Netflix is investing more in programming, which means more for customers to watch.

Netflix Surges 18% on 4Q Results, Outlook

Netflix shares exploded higher in after-hours trading Friday after the online movie service blew past Wall Street earnings, revenues and new subscribers expectations.

Penthouse Publisher Files for Bankruptcy

FriendFinder Networks, publisher of Penthouse and owner of numerous adult websites, files for chapter 11 bankruptcy, after losing money for at least five years.