NETFLIX EXEC: NETFLIX COULD SAVE SERIALIZED SERIES

Ted Sarandos, Netflix’s chief content officer, says that the television networks may be producing more serialized dramas because they know they can sell them to Netflix, even when those shows prove to be disappointments when they air. “There is still a life for that programming on Netflix … we become the last bit of revenue […]

ARRESTED DEVELOPMENT STARS IN UNIQUE PAYMENT SCHEME

A unique payment system was devised to cover the performances of the stars of Arrested Development, which is returning after an absence of seven years via Netflix, the Hollywood Reporter reported on Thursday. Each of the actors, Jason Bateman, Will Arnett, Portia de Rossi and Michael Cera, is being guaranteed at least one starring episode […]

UNLIKE NETFLIX, REDBOX TO CONTINUE FOCUSING ON DVD, BLU-RAY RENTALS

While Netflix is putting most of its energy into attracting customers to its streaming service, Redbox, while also expanding its streaming service, plans to focus its attention on physical media — DVD and Blu-ray rentals, J. Scott Di Valerio, CEO of parent company Coinstar, told the annual J.P. Morgan Global Technology, Media and Telecom Conference […]

COMING SOON (MAYBE): ARRESTED DEVELOPMENT: THE MOVIE

Despite the fact that producer Mitchell Hurwitz has been able to revive Arrested Development as a 15-episode TV series for Netflix, he’s still aiming for a movie version. Today’s (Thursday) Los Angeles Times is reporting that Hurwitz designed the Netflix episodes as the first act of a three-act story that will conclude with Arrested Development: […]

NETFLIX ALLOWING FREE HOUSE OF CARDS VIEWING

Hoping to hook potential subscribers on its original series House of Cards, starring Kevin Spacey, Netflix said today (Friday) that it is making the first episode free to anyone visiting its website. In a statement, Chief Content Officer Ted Sarandos said. “By offering the first episode for free, including to non-members, we are opening up […]

NETFLIX SHARES SOAR 42 PERCENT

Volatile Netflix shares were up a sensational 42.22 percent or $43.60 to $146.86 at the close of trading on the Nasdaq today (Thursday) following a better-than-expected quarterly report. Anders Bylund at the MotleyFool.com said that the through-the-roof rise of the stock represented “the kind of pop you’d expect from a generous buyout, not just a […]

NETFLIX ACQUIRES SERIALIZED DRAMAS FROM WARNER BROS. TV

Continuing to focus on television, rather than “flix” for its principal Internet streaming content, Netflix announced today that it had licensed several full seasons of serialized dramas produced by Warner Bros. TV. They include NBC’s new hit drama Revolution; the USA Network miniseries Political Animals with Sigourney Weaver; A&E’s Longmire; and ABC’s 666 Park Avenue. […]

NEW TECHNICAL SNAFU HITS NETFLIX

One week after Netflix’s streaming service suffered a lengthy outage on Christmas Eve, the company’s DVD-by-mail service was hit with its own technical issues. But while last week’s difficulty was blamed on Amazon’s cloud-based storage and computing system, Netflix left unexplained what had caused its DVD site to malfunction on Monday. (The streaming service was […]

NETFLIX CEO HASTINGS GETS BIG PAY BOOST

Netflix CEO Reed Hastings, who took a 43 percent pay cut after the blowup of his plan to raise subscription rates and divide the company in two — one to handle streaming, the other to handle physical DVDs — will have his pay doubled next year. Essentially he will receive $4 million next year, half […]

NETFLIX’S STREAM IS JAMMED AGAIN

Netflix subscribers in the U.S., Canada and Latin America were unable to stream movies or TV shows on Christmas eve and Christmas morning due to an unspecified problem at the company’s servers on the East Coast. It posted a message on Twitter saying, “We’re sorry for the Christmas Eve outage. Terrible timing! Engineers are working […]

Next Page »