By
Rob ScottOctober 18, 2016
Facing stiff regulatory hurdles, Netflix has decided to shift gears regarding its plans for expansion into China. Rather than launching its own streaming subscription service as originally planned, the company will instead focus on licensing content to Chinese online service providers for now. “We still have a long-term desire to serve the Chinese people directly, and hope to launch our service in China eventually,” the company said while announcing its impressive Q3 earnings and subscriber jump. Netflix added more than 130 countries to its global presence this year, but a move into China would involve a “challenging” regulatory environment. Continue reading Netflix Adjusts China Plans, Pursues Licensing Deals for Now
By
Debra KaufmanOctober 11, 2016
Netflix chief executive Reed Hastings accused theater owners of “strangling the movie business,” reiterating his claim that movie studios will increase revenues if they release movies in theaters and on services like Netflix at the same time. He also believes the studios would reap efficiencies in marketing. Movie studios, which make most of their money via theatrical distribution, have been intransigent with regard to collapsing the release window. The U.S. box office last year reached a record-breaking $11.1 billion. Continue reading Netflix, Theater Owners Continue Clash Over Release Window
By
Rob ScottOctober 5, 2016
Netflix is continuing its push into cinema by signing a deal with luxury theater-chain iPic Entertainment. The agreement would allow Netflix original films to screen theatrically the same day they are made available via the streaming service. Ten Netflix movies over the next year will screen in iPic theaters in New York City and Los Angeles, according to Netflix chief content officer Ted Sarandos, who indicates the deal could be extended. The agreement also includes the option for films to screen at the chain’s 13 other locations or independent theaters. Continue reading Netflix, iPic to Simultaneously Offer Movies Online, in Theaters
By
ETCentricJuly 12, 2016
A three-judge panel of the U.S. Court of Appeals for the 9th Circuit has ruled that using another person’s password to access online services such as HBO GO and Netflix is now considered in violation of federal computer laws. “But don’t panic,” suggests Variety. “It’s not likely that subscription VOD providers will suddenly have the feds descend on people swapping their login credentials.” While a 2015 study from Parks Associates projected that SVOD services could lose up to $500 million in revenue from password sharing, several services have downplayed the impact. During CES, Netflix CEO Reed Hastings even noted that many violators often become paying customers. Continue reading Sharing HBO GO or Netflix Passwords Is Now a Federal Crime
By
Debra KaufmanJuly 7, 2016
Comcast just announced that it will allow Netflix to stream videos onto its X1 platform. According to a statement, both companies say they still have “much work to do” before they will be able to rollout the new service to consumers before the end of the year. Sources say that the deal will ultimately be similar to those that Netflix has created with smaller cable services across the country. In those arrangements, the Netflix app is seen on the platform, making it easier for users to sign in and access it. Continue reading Comcast, Netflix Ink Deal to Stream Videos on X1 Set-Top Box
By
Debra KaufmanJune 28, 2016
Earlier this year, Netflix chief executive Reed Hastings said the idea of offering video downloads was a possibility — but he wasn’t more specific. Now, industry insider Dan Taitz, whose company Penthera Partners offers video downloading technology, reports that, by the end of the year, Netflix will allow subscribers to download some programs for offline viewing, a feature already in place at Amazon, Comcast and elsewhere. Frost & Sullivan principal analyst Dan Rayburn confirms Taitz’s prediction. Continue reading Netflix Plans Debut of Video Download Feature By End of Year
By
Debra KaufmanApril 25, 2016
Downloading content appears to be on the table at Netflix. For some time, the company executives have insisted that downloads would not be “a compelling proposition,” because they add complexity to the system and, due to more widespread speed connectivity, are unnecessary. Now, chief executive Reed Hastings says the company should “keep an open mind” on the topic. This takes place at the same time that Netflix plans to introduce more than 150 hours of HDR content to the roster by end of year. Continue reading Netflix Considers Offering Downloads, Unveils its HDR Plans
By
Rob ScottApril 11, 2016
Starting next month, Netflix will increase the price of its two-stream HD service plan by 25 percent for long-term streaming customers. Subscribers previously paying $7.99 monthly will now be charged $9.99 per month for the service’s standard plan. The rate change will be based on subscriber billing periods. Those who signed up at $8.99 per month following the previous increase in May 2014 will experience the jump to $9.99 this October. Netflix members will have the option of continuing at $7.99 for a single stream SD plan or keeping the HD plan at $9.99. Continue reading Netflix’s Two-Stream HD Plan Increasing by $2/Month in May
By
Debra KaufmanMarch 9, 2016
For many years, Netflix subscribers living outside the U.S. have accessed content not available in their regions via a VPN (virtual private network) that hid their location. In January, Netflix began blocking VPNs, in part to mollify Hollywood studios by showing it respects regional licensing agreements. But Netflix subscribers aren’t happy about the new state of affairs and have even started a petition — with 36,000 signatures and counting — to overturn the ban. One study shows piracy as a consequence of the new policy. Continue reading Netflix Ban on VPNs Impacts Growth Abroad, May Spur Piracy
By
Debra KaufmanJanuary 15, 2016
Netflix and Amazon are currently small players in the content business compared to Disney, Comcast and Time Warner. And although there are plenty of reasons why these media behemoths need not be too concerned about Netflix and Amazon, these two streaming services do continue to grow and succeed. Most recently, Netflix’s stock rose 140 percent, making it the best performing of Standard & Poor’s 500-stock index, and the company announced at CES that it will make its content available worldwide (except for China). Continue reading Netflix’s Unlikely Path to Global Media Success, Minus China
By
Don LevyJanuary 6, 2016
Netflix turned on the world, adding 130 new countries, during the time its CEO and co-founder Reed Hastings delivered the opening day keynote at CES in Las Vegas. The addition of these new markets grows Netflix’s global footprint from 60 to 190 territories as the company reimagines itself as a global television network. Hastings and chief content officer Ted Sarandos covered many of the technological, economic, business and creative innovations driving their success in a world where Hastings observed, “Tune in has been replaced by personal choice.” Continue reading CEO Launches Netflix in 130 Countries During CES Keynote
By
Don LevyDecember 22, 2015
ETC coverage of CES 2016 shifts to Las Vegas on January 4 and will feature the latest news and guidance for attendees. The ETC team will report from the Consumer Technology Association’s Top Trends and Global Market Report sessions on Monday afternoon. From there, we will go to CES Unveiled, the major press preview of many of the most noteworthy products to be displayed when the exhibit halls open two days later on January 6. Expect twice daily news briefs and as-its-published updates on the ETCentric app. Continue reading ETC Coverage of CES Resumes in January From Las Vegas
By
Don LevyDecember 21, 2015
CES keynote presentations by Netflix CEO Reed Hastings and YouTube’s chief business officer Robert Kyncl highlight the increasing importance of entertainment to the vast consumer technology market. The scheduling of Netflix as the opening session, a time slot usually occupied by hardware companies, helps to underscore the Consumer Technology Association’s expanding universe of products and services. So, too, does the presence of two auto manufacturers, GM and VW, and tech giants Intel and IBM. Samsung is the lone hardware keynote. Continue reading CES: Keynotes by Netflix, Intel, IBM, YouTube, and Others
By
Don LevyNovember 24, 2015
ETC coverage of the upcoming 2016 CES begins on December 7 with a 3-week series of previews on the top trends and technologies expected to be on display. CES, presented by the newly re-named Consumer Technology Association (formerly CEA), runs from January 4-9 in Las Vegas. At CES, ETC will have a team of dedicated reporters and analysts preparing twice daily email briefs and delivering breaking news as it happens. Following the show, ETC publishes a comprehensive report that distills from the massive trade event the key themes most likely to impact the media and entertainment industry. Continue reading CES 2016: ETC Begins Show Coverage with December Previews
By
Debra KaufmanNovember 5, 2015
At The New York Times’ DealBook conference, Netflix chief executive Reed Hastings pointed to a broad, sustained growth of consumer spending on entertainment as proof that there is not enough television content currently available. Great content, he said, will find viewers. The bar for quality is rising, he noted further, and said Netflix is maintaining its high standards by working with other production companies. As an example, he pointed to “Narcos,” which was produced with French company Gaumont. Continue reading Netflix Chief Exec Tells Conference: “There’s Not Enough TV”