Netflix (NFLX) is Down 19% Since Mid-August... Here's the Rub

Netflix (NFLX), Amazon (AMZN) on Watch; Hulu Announces Ad-Free Streaming Service

September 2, 2015 11:14 AM EDT

Netflix (Nasdaq: NFLX) and Amazon (Nasdaq: AMZN) are on watch following a press release from Hulu earlier, which highlighted the company's plan to offer advertising-free/limited advertising streaming service. Netflix is trading negative Wednesday, while Amazon is slightly positive.

The press release follows:

Hulu is offering a commercial-free option to subscribers. Viewers now have the choice to watch Hulu commercial free for $11.99 per month or with limited commercials for $7.99 per month. Current Hulu subscribers will maintain their existing subscription, but will have the... More

UPDATE: Hulu to Offer Ad-Free Online TV for $11.99/Month

September 2, 2015 11:05 AM EDT

(Updated - September 2, 2015 11:15 AM EDT)

Hulu -- owned by NBCUniversal, Walt Disney (NYSE: DIS), and 21st Century Fox (Nasdaq: FOXA) -- said it plans to offer a commercial-free option to its subscribers for $11.99 per month. The new service is seen as a rival to Netflix (NASDAQ: NFLX) and Amazon.com's (NASDAQ: AMZN) Prime Instant Video, which don't carry commercials. Hulu's press release is below.

Today Hulu is offering a commercial-free option to subscribers. Viewers... More

Citron Research negative on Netflix (NFLX); Sees stock back to $80

September 2, 2015 10:33 AM EDT

Citron Research negative on Netflix (NASDAQ: NFLX). Sees stock back to $80.

Citron stayed away but finally time to short $NFLX. Comp heating up and doesnt have another trick like $AAPL $GOOG $AMZN. Back to $80

Citron Research (@CitronResearch) September 2, 2015... More

Rosenblatt Reiterates Buy on Netflix (NFLX) as Reports Point to Apple (AAPL) Entering Original Programming.

September 2, 2015 10:05 AM EDT

Rosenblatt reiterated a Buy rating on Netflix (NASDAQ: NFLX) as industry reports point to Apple (AAPL: Buy) entering original programming. AAPL scheduled a press event about Apple TV for September 9th.

Analyst Martin Pyykkonen commented, "Netflix was rattled yesterday more than the overall... More

Apple (AAPL) Said Planning to Produce Original Video Content (NFLX)

September 1, 2015 7:01 AM EDT

Apple (Nasdaq: AAPL) is on watch Tuesday following reports that the company might be looking to create original video content.

According to... More

Netflix (NFLX) Frees-up ~$180M/yr. by Not Renewing Epix Contract - FBR

August 31, 2015 3:04 PM EDT

FBR & Co. commented on Netflix (Nasdaq: NFLX) following news that the company wouldn't revenue its contract with Epix.

Analyst Barton Crockett noted that Netflix may have freed up about $180 million per year in spending, with estimates that the original Epix contract signed in 2010 was for five years and ran roughly $900 million in total.

Crockett noted, Epix is jointly owned by Viacom (50%), Lionsgate (31%), and MGM (19%). It has pay TV rights to... More

Netflix (NFLX) Will Not Renew Agreement with Epix

August 31, 2015 7:16 AM EDT

Netflix (NASDAQ: NFLX) posted the following to its official blog over the weekend:

We hear from our members that you wish we had newer movies. So do we. Studio licensing practices means it often takes more than a year before consumers can watch a theatrically released movie when and how they want. Just like weve changed the game for TV watchers by releasing entire seasons around the world at the same time, we have begun making movies that will premiere on Netflix globally and in some cases, simultaneously in... More