DVD Flap Costs Netflix 800K Subcribers
Netflix’s video subscription service lost 800,000 customers in the third quarter —the biggest exodus in its history— even as its earnings rose 65 percent.
October 25, 2011
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Netflix’s video subscription service lost 800,000 customers in the third quarter —the biggest exodus in its history— even as its earnings rose 65 percent.
The “Shrek” movies may not even exist as far we’re concerned in “Puss in Boots,” which is fine, because they just kept getting worse; last year’s “Shrek Forever After,” in 3-D, felt especially flat. But the franchise reboots anew here, if you’ll pardon the pun, with great energy, creativity and aplomb.
Netflix Inc.’s shares plunged almost 40 percent on Tuesday and were set to open at their lowest level since March last year, a day after the movie rental company warned of higher subscriber attrition and mounting costs.
* Warns of Q4 DVD user decline, Q1 loss * Q3 EPS $1.16 vs Wall Street view $0.94 * Shares fall almost 20 percent (Adds CEO’s comment, updates shares, rewrites firstparagraph) Oct 24 (Reuters) – Netflix …
Netflix shares are trading lower after hours Monday as strong Q3 results were offset by disappointing guidance for the fourth quarter. The company laid out a shocking expected drop in its DVD-by-mail business, and warned that the combination of softening domestic business and increasing costs for international expansion are going to push the company into the red for at least part of 2012.
LOS ANGELES (Reuters) – Netflix Inc reported an increase in third-quarter revenue that beat analyst expectations but said DVD subscriptions would sharply decline in the fourth quarter, sending its shares …
* Q3 EPS $1.16 vs Wall Street view $0.94* Shares drop 19.2 percentLOS ANGELES, Oct 24 (Reuters) – Netflix Inc reported an increase in third-quarter revenue that beat analystexpectations but said DVD subscriptions …
# movies Australian director Baz Luhrman, who never met a quick cut, flashing light, or Botox-deadened Nicole Kidman forehead he didn’t like, started filming his adaptation of The Great Gatsby in September. But what is it going to look like? More »
Highly Recommended THE MOVIE: Please Note: The images used here are promotional stills and are not taken from the Blu-ray edition under review. From Ang Lee’s urbane but serious-minded portrait of the 1970s, The Ice Storm , to Richard Linklater’s openly comic and lovingly mocking take on the same, Dazed & Confused
Since its first airing in the UK, Danish show Forbrydelsen – known as The Killing in English-speaking countries, though its title actually translates as “The Crime” – has been one of those enigmatic shows that I’ve heard about from excited friends who tell me to check it out, but never been able to find on local schedules.