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.
Netflix Inc.’s shares were down 36 percent Tuesday afternoon, 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 »
This is the time of year when movies get serious, but even when they’re not intended to be serious, the comedy comes with serious intentions to be funny, and not just silly.
Nintendo said Friday that a software update for its 3DS handheld due in late November in Japan will add the ability to shoot movies in 3D.
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