Latest Netflix Inc News

5 burning questions ahead of Tuesday's Oscar nominations

Jan. 21, 2019 7:42 PM EST

NEW YORK (AP) — The Oscars still don't have a host, but on Tuesday morning, they'll at least have nominees. The Academy of Motion Pictures Arts and Sciences will unveil nominations to the 91st Oscars on Tuesday morning at 8:20 a.m. EST from the Samuel Goldwyn Theatre in Beverly Hills, California. The...

Netflix's solid 4Q eclipsed by projected slowing US growth

Jan. 17, 2019 7:11 PM EST

SAN FRANCISCO (AP) — Netflix's video streaming service added more subscribers than ever during the crucial holiday season, but the company signaled its growth is slowing in the U.S. as it begins to roll out double-digit price increases in its biggest market. The slightly disappointing forecast issued...

Netflix has no plans to cut 'Bird Box' scene despite outcry

Jan. 17, 2019 3:36 PM EST

NEW YORK (AP) — Netflix's post-apocalyptic survival film "Bird Box" is drawing criticism for using footage of a real fiery train disaster but the streaming giant has no plans to remove it. The footage concerns a 2013 tragedy in the Quebec town of Lac-Megantic when an unattended train carrying crude oil...

Sinclair debuts streaming service for its local TV stations

Jan. 16, 2019 4:10 PM EST

NEW YORK (AP) — Sinclair Broadcast wants to "Stirr" up streaming. The nation's largest owner of television stations launched a free, ad-supported streaming service Wednesday drawing on local news, sports and other programs from the 191 TV stations it owns in 89 U.S. markets. Sinclair said the motivation...

Asian stocks mixed on poor Japanese data, growth fears

Jan. 15, 2019 11:20 PM EST

SINGAPORE (AP) — Asian markets were mixed on Wednesday as poor Japanese data and worries about global growth put a damper on trading. KEEPING SCORE: Japan's Nikkei 225 index slipped 0.6 percent to 20,430.73 while South Korea's Kospi added 0.3 percent to 2,102.45. Hong Kong's Hang Seng fell 0.3 percent to...

Netflix raising prices for 58M US subscribers as costs rise

Jan. 15, 2019 5:04 PM EST

SAN FRANCISCO (AP) — Netflix is raising its U.S. prices by 13 to 18 percent, its biggest increase since the company launched its video streaming service 12 years ago. Its most popular plan will see the largest hike, to $13 per month from $11. That option offers high-definition streaming on up to two...

Netflix and chill no more - streaming is getting complicated

Jan. 5, 2019 10:09 AM EST

Streaming TV may never again be as simple, or as affordable, as it is now. Disney and WarnerMedia are each launching their own streaming services in 2019 in a challenge to Netflix's dominance. Netflix viewers will no longer be able to watch hit movies such as "Black Panther" or "Moana," which will soon reside on...

Asia shares mixed, Shanghai gains after Apple sales warning

Jan. 2, 2019 10:55 PM EST

SINGAPORE (AP) — Asian markets were mixed on Thursday after tumbling more than 1 percent on the first trading day of 2019. Apple downgraded its sales projections, citing slowing Chinese growth, hitting technology shares in South Korea and Taiwan. The Japanese yen, seen as a relatively safe asset,...

Netflix's 'Bird Box' success gets Hollywood clucking

Jan. 2, 2019 5:48 PM EST

SAN FRANCISCO (AP) — Netflix said 45 million subscriber accounts worldwide watched the Sandra Bullock thriller "Bird Box" during its first seven days on the service, the biggest first-week success of any movie made for the company's nearly 12-year-old streaming service. Netflix, which typically refuses to...

A decade-long rally on Wall Street looks like it's ending

Dec. 21, 2018 9:03 PM EST

NEW YORK (AP) — After almost 10 years, Wall Street's rally looks like it's ending. Another day of big losses Friday left the U.S. market with its worst week in more than seven years. All of the major indexes have lost 16 to 26 percent from their highs this summer and fall. Barring huge gains during the...