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netflix reels in customers after price hike sending stock to new high - Search

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netflix reels in customers after price hike, sending stock to new high


netflix reports quarterly results, its first since it announced a price hike in october. did that affect growth?        






netflix price hike probably not the last for cord cutters


with netflix upping its monthly subscription price, could other services follow -- and could that be a speed bump for the accelerating net tv market?        






netflix misses its growth targets but expects more than 100m subscribers next qu


netflix whiffed today in its first-quarter earnings when it came to subscriber growth, missing the expectations it set at the beginning of the year for the first quarter.still, netflix said it is expecting to add 600,000 domestic subscribers and 2.6 million international subscribers in the second quarter. that would bring it over the hump to get it past that 100 million mark that — again — may be some kind of signal of faith for the company as it looks to continue growing internationally amid heavy spend on content.the company added 1.42 million domestic subscribers and 3.53 million international subscribers. netflix itself projected that it would add 5.2 million subscribers in the first quarter — 1.5 million in the u.s. and 3.7 million internationally. that estimate would have brought net






here’s a chart that shows why financial earnings are a big deal


so, we’re midway through earnings season, and as you’ve probably seen, we’ve covered a majority of the big companies that have reported thus far: alphabet, twitter, microsoft, atlassian, paypal, ebay and netflix. there are plenty more that have reported, and there are still more to come, but these are the periods that generally have the most impact on the best public barometer of a company’s success: its stock price.sometimes the stock swings are small, and sometimes they are big, but here’s a good example of how each of these reports and these days are among the defining factors of a company’s stock price — twitter:shares of twitter are up another 5 percent or so today, and after they reported their earnings yesterday they saw a quick 13 percent spike. twitter at the time basically said t






netflix keeps its crown as new subscribers surge


los gatos — go ahead and put a crown on netflix’s head, because there is nothing strange about what the internet tv leader had to say with its fourth-quarter report on monday.in a sign that not even a price increase can slow down netflix’s momentum, the company said monday that successful new seasons of hit shows such as the young queen elizabeth ii drama “the crown” and the 1980s-themed suspense series “stranger things” helped netflix add 8.33 million new subscribers during the final three months of 2017. netflix said it was biggest single quarterly gain in subscribers in the company’s history, and blew past its own forecasts for 6.3 million new subscribers in the quarter.with those additions, netflix ended 2017 with 117.6 million subscribers worldwide.during the quarter, netflix implemen






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netflix raises prices for first time in two years


image copyrightgetty imagesimage caption stranger things has been a hit for netflix netflix has raised prices in countries including the uk and us for the first time in two years. the streaming video service will also increase subscription charges in some european countries, a spokeswoman said.a standard uk plan will rise 50p to £7.99 a month, while a premium subscription for four simultaneous users jumps £1 to £9.99 a month.the standard us plan increases by $1 to $10.99 a month, with a $2 rise to $13.99 for the premium option.a basic subscription in the uk, which does not offer high definition viewing, remains at £5.99 a month.the increases apply immediately for new customers, while existing users will be notified of the change 30 days in advance. germany and france are among the other co






hp's rise leads broad gains for bay area stocks


upbeat expectations for pc and printer sales gave hp enough confidence on thursday to raise its earnings outlook for next year. as a result, hp shareholders on friday sent its stock price to its highest closing point of the year.hp shares rose 6.4 percent, to finish the day at $21.71, after hp said it expects to earn between $1.74 and $1.84 share for its 2018 fiscal year. wall street analysts had earlier forecast hp to earn $1.76 a share for the year.netflix also had a good day, as its shares rose almost 2 percent, to close at $199.49, as the video-streaming leader prepared for its third-quarter earnings report monday afternoon. several wall street analysts raised their price targets on netflix’s stock on friday, with goldman sachs’ heath terry lifting his target to $235 a share from $200.






netflix raising the price for its most popular u.s. plan


netflix is raising the price for its most popular u.s. video streaming plan by 10 percent— a move aimed at bringing in more money to outbid hbo, amazon and other rivals for addictive shows such as "stranger things."the change announced thursday affects most of netflix's 53 million u.s. subscribers.what goes upnetflix will now charge $11 per month instead of $10 for a plan that includes hd and allows people to simultaneously watch programs on two different internet-connected devices.the price for another plan that includes ultra-high definition, or 4k, video, is going up by 17 percent, to $14 from $12 a month. a plan that limits subscribers to one screen at a time without high-definition will remain at $8 a month.the increase will be the first in two years for netflix, although it won't see






netflix raising the price for its most popular u.s. plan


netflix is raising the price for its most popular u.s. video streaming plan by 10 percent — a move aimed at bringing in more money to outbid hbo, amazon and other rivals for addictive shows such as "stranger things."the change announced thursday affects most of netflix's 53 million u.s. subscribers.what goes upnetflix will now charge $11 per month instead of $10 for a plan that includes hd and allows people to simultaneously watch programs on two different internet-connected devices.the price for another plan that includes ultra-high definition, or 4k, video, is going up by 17 percent, to $14 from $12 a month. a plan that limits subscribers to one screen at a time without high-definition will remain at $8 a month.the increase will be the first in two years for netflix, although it won't se






the competition may be catching up with netflix


photo: gettynetflix issued its first quarter user gains report to investors today and the fact that it fell short of user growth estimates caused a brief drop in the streaming giant’s stock price. it blamed the lackluster growth on one thing: no house of cards-style blockbusters. but in reality, netflix is probably waking up to the crowded streaming landscape.advertisementaccording to bloomberg, analysts predicted that netflix would pull in 5.49 million new users this quarter. the actual figure turned out to be 4.95 million additional subscribers, which is really nothing to sneeze at. the company announced it expects to pass 100 million users this coming weekend. but missing the projections means a lot when you’re a publicly traded company that bases its measure of success on growth.now, t






the competition may be catching up with netflix


photo: gettynetflix issued its first quarter user gains report to investors today and the fact that it fell short of user growth estimates caused a brief drop in the streaming giant’s stock price. it blamed the lackluster growth on one thing: no house of cards-style blockbusters. but in reality, netflix is probably waking up to the crowded streaming landscape.advertisementaccording to bloomberg, analysts predicted that netflix would pull in 5.49 million new users this quarter. the actual figure turned out to be 4.95 million additional subscribers, which is really nothing to sneeze at. the company announced it expects to pass 100 million users this coming weekend. but missing the projections means a lot when you’re a publicly traded company that bases its measure of success on growth.now, t






netflix teams up with whatsapp in india to communicate with customers


netflix has teamed up with popular messaging service whatsapp in india to communicate with users. for now it seems netflix will be using this platform to send messages related to account as well as suggestions to its customers.users with netflix and whatsapp will get a notification to opt into the service. once chosen, users will get a message from netflix on whatsapp asking it to add it to your contacts. for now, it's a one-way traffic, with the user getting messages from netflix and any attempt to reply will be greeted with a standard message telling the user it can't chat with you.the choice to go with whatsapp over sms is not surprising considering the massive userbase for the service in the country, second largest in the world in fact after brazil. although in all honestly, this does






youtube is launching its own take stories with a new video format called ‘reels’


even youtube is adding stories. the popular format introduced by snapchat, then adopted by instagram, skype, facebook, messenger and even some dating apps, is now making its way to youtube as a new feature the company is calling “reels.” to be clear, reels is youtube’s spin on stories, not an exact copy. and reels won’t live at the top of the app, as stories do on instagram – instead, they’ll appear in a brand-new tab on a creator’s channel.the launch of the reels beta was mentioned briefly in an announcement today about the expansion of youtube community tab to all creators with over 10,000 subscribers.we asked youtube for more details on reels, which will soon be introduced into beta for a handful of creators for feedback and further testing.the company tells us the idea with reels is to






youtube is launching its own take on stories with a new video format called ‘ree


even youtube is adding stories. the popular format introduced by snapchat, then adopted by instagram, skype, facebook, messenger and even some dating apps, is now making its way to youtube as a new feature the company is calling “reels.” to be clear, reels is youtube’s spin on stories, not an exact copy. and reels won’t live at the top of the app, as stories do on instagram – instead, they’ll appear in a brand-new tab on a creator’s channel.the launch of the reels beta was mentioned briefly in an announcement today about the expansion of youtube community tab to all creators with over 10,000 subscribers.we asked youtube for more details on reels, which will soon be introduced into beta for a handful of creators for feedback and further testing.the company tells us the idea with reels is to






t-mobile offers free netflix to lure new customers


t-mobile us inc. said wednesday it will offer family-plan subscribers free access to netflix inc.’s streaming-video service, the carrier’s latest bid to lure wireless customers away from its larger rivals. the offer is available to new and existing subscribers on t-mobile plans with at least two lines, which cost $120 a month. netflix’s standard plans, which allow customers to stream video to two screens, start at $10 a month....






edf raises electricity prices for second time this year


image copyrightgetty imagesenergy firm edf is raising the price of electricity for the second time this year for its customers on standard tariffs.from 21 june, edf customers will see electricity prices increase by 9% and gas prices go up by 5.5%.the supplier previously increased electricity prices by 8.4% on 1 march, although it cut gas prices in january.the average dual-fuel customer will pay an extra £78 a year, bringing the annual bill to £1,160, edf said.combining both increases will mean that 1.5 million edf customers will pay 18.1% more for their electricity this year.however, taking into account the previous cut, gas prices will remain flat, the company said.most of its customers - 1.8 million - are now on fixed price deals, so will not be affected.experts said edf customers on sta






capitalizing on its first emmy, hulu drops prices for its ad-supported service


fresh off its first emmy win for “the handmaid’s tale,” hulu is dropping prices in an effort to attract new subscribers. the streaming service is lowering the cost for its entry-level, ad-supported plan from $7.99 per month to $5.99 per month – a price that undercuts rivals’ netflix and amazon prime video’s lowest monthly plans, at $7.99 and $8.99 per month, respectively.the move comes around the same time as a price increase from netflix, which sees the streaming service raising the prices on its two most popular plans, which allow for things like more simultaneous streams or 4k support.however, netflix’s price changes didn’t affect its lowest-cost plan – the $7.99 per month tier that allows users to stream on one screen at a time.in hulu’s case, though, the price drop isn’t permanent – i






capitalizing on its first emmy, hulu drops prices for its ad-supported service


fresh off its first emmy win for “the handmaid’s tale,” hulu is dropping prices in an effort to attract new subscribers. the streaming service is lowering the cost for its entry-level, ad-supported plan from $7.99 per month to $5.99 per month – a price that undercuts rivals’ netflix and amazon prime video’s lowest monthly plans, at $7.99 and $8.99 per month, respectively.the move comes around the same time as a price increase from netflix, which sees the streaming service raising the prices on its two most popular plans, which allow for things like more simultaneous streams or 4k support.however, netflix’s price changes didn’t affect its lowest-cost plan – the $7.99 per month tier that allows users to stream on one screen at a time.in hulu’s case, though, the price drop isn’t permanent – i






watching netflix' 'stranger things' likely to cost you more


san francisco — netflix is raising the price for its most popular u.s. video streaming plan by 10 percent — a move aimed at bringing in more money to outbid hbo, amazon and other rivals for addictive shows such as "stranger things."the change announced thursday affects most of netflix's 53 million u.s. subscribers.what goes upnetflix will now charge $11 per month instead of $10 for a plan that includes hd and allows people to simultaneously watch programs on two different internet-connected devices.the price for another plan that includes ultra-high definition, or 4k, video, is going up by 17 percent, to $14 from $12 a month. a plan that limits subscribers to one screen at a time without high-definition will remain at $8 a month.the increase will be the first in two years for netflix, alth






while netflix hikes, hulu drops price for its entry-level plan


the offer is available for a limited time, and to new customers only.        






netflix misses its growth targets but expects to hit 102m subscribers next quart


netflix whiffed today in its first-quarter earnings when it came to subscriber growth, missing the expectations it set at the beginning of the year for the first quarter.still, netflix said it is expecting to add 600,000 domestic subscribers and 2.6 million international subscribers in the second quarter. that would bring it over the hump to get it past that 100 million mark that — again — may be some kind of signal of faith for the company as it looks to continue growing internationally amid heavy spend on content. the subscriber numbers are more or less the key part of netflix’s business because it’ll determine whether or not it can level off the spend on content to grow and keep users around against the revenue it generates from those subscribers.getting that growth up is going to be ev






gopro stock jumps on news company is seeking a sale


gopro is looking to sell the company and cnbc is reporting that it hired jp morgan to find a buyer. at the time of writing gopro’s market cap is a hair about $1 billion and its stock price jumped on news the company is looking to sell.gopro’s stock price went on a ride today. just prior to the market opening, gopro announced its revenue will fall short of expectations and a staff reduction of 20%. gopro’s stock trading was halted in pre-market sales. once the market open, the stock price dropped nearly 33% though slightly recovered in the following hours.with this news, the stock price saw a bit of a jump though it’s still trading well under the previous day close.it’s unclear who will want to snatch up the camera maker. the company undeniably makes the best action camera on the market and






edf raises electricity prices for second time this year


image copyrightgetty imagesenergy firm edf is raising the price of electricity for the second time this year for customers on standard tariffs.from 21 june, edf customers will see electricity prices increase by 9% and gas prices go up by 5.5%.the supplier previously increased electricity prices by 8.4% on 1 march, although it cut gas prices in january.the rise was immediately criticised by the energy regulator, ofgem, which said it was hard to justify.the average dual-fuel customer will pay an extra £78 a year, bringing the annual bill to £1,160, edf said.combining both increases will mean that 1.5 million edf customers will pay 18.1% more for their electricity this year.however, taking into account the previous cut, gas prices will remain flat, the company said.most of its customers - 1.8






edf raises electricity prices for second time this year


image copyrightgetty imagesenergy firm edf is raising the price of electricity for the second time this year for customers on standard tariffs.from 21 june, edf customers will see electricity prices increase by 9% and gas prices go up by 5.5%.the supplier previously increased electricity prices by 8.4% on 1 march, although it cut gas prices in january.the rise was immediately criticised by the energy regulator, ofgem, which said it was hard to justify.the average dual-fuel customer will pay an extra £78 a year, bringing the annual bill to £1,160, edf said.combining both increases will mean that 1.5 million edf customers will pay 18.1% more for their electricity this year.however, taking into account the previous cut, gas prices will remain flat, the company said.most of its customers - 1.8






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netflix proves far more popular than competitor services in parrot study


why it matters to you looking for something to stream? netflix has helped ensure that you're more likely to choose it over its rivals by building an extensive catalog of original content.there’s a reason the phrase is “netflix and chill.” while the streaming service may have competitors in the form of hulu and amazon, when it comes to content, netflix is king. that claim is backed up by a recent study by parrot analytics, which found that netflix originals are eight times more popular than those from amazon and nine times more popular than those from hulu. though netflix is notoriously protective of its viewer data, some interesting numbers have emerged.in conducting its study, parrot analytics examined “cross-platform, country-specific measurements of video streaming, social media activi






netflix raises prices for first time in two years


image copyrightgetty imagesimage caption stranger things has been a hit for netflix netflix has raised prices in countries including the uk and us for the first time in two years. the streaming video service will also increase subscription charges in some european countries, a spokeswoman said.a standard uk plan will rise 50p to £7.99 a month, while a premium subscription for four simultaneous users, jumps £1 to £9.99 a month.the standard us plan increases by $1 to $10.99 a month, with a $2 rise to $13.99 for the premium option.the increases apply immediately for new customers, while existing users will be notified of the change 30 days in advance. germany and france are among the other countries where prices will rise. subscriptions were tweaked in canada, latin america and some nordic co






vistra energy, dynegy to combine in all-stock deal


new york — vistra energy and dynegy will join in an all-stock deal to create a power company with 2.7 million residential and 240,000 industrial customers.dynegy shareholders will receive 0.652 shares of vistra stock for each dynegy share. vistra shareholders will hold 79 percent of the combined company. based on vistra's closing price of $20.30 last friday, dynegy shareholders will get $13.24 per share.dynegy, of houston, has 1.2 million customers and employs 2,400 people. vistra has about 4,500 employees and operates luminant and txu energy, which sells electricity to about 1.7 million customers in texas.the company, which will keep vistra's irving, texas headquarters, will have a market capitalization of more than $10 billion.the deal is expected to be completed in the second quarter of






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netflix is on the verge of hitting 100 million subscribers


netflix is on the verge of surpassing 100 million subscribers, a testament to how much the video streaming service has changed the entertainment landscape since its debut a decade ago.the milestone will be reached this weekend if netflix's projections are correct. netflix made the prediction monday with the release of its first-quarter earnings.the video service added nearly 5 million subscribers during the first three months of the year to end march with 98.7 million customers in roughly 190 countries.netflix still has a ways to go to catch up with hbo, the popular pay-tv channel that has served as its role model. hbo has 134 million subscribers worldwide, including viewers who now get the channel on an internet-only service that was inspired by netflix's success.






alabama could be no. 1 in recruiting rankings once again


alabama is on the verge of making history if it can stay a step ahead of ohio state as top high school prospects finalize their college decisions wednesday on national signing day, which will h have less suspense than usual.the crimson tide are on pace to top the team recruiting rankings for a seventh consecutive year, according to composite rankings of recruiting services compiled by 247sports . alabama also has an opportunity to have one of the highest-rated cl es since 2002, which is as far back as 247sports’ data goes.the top-ranked cl during that stretch is florida’s 2010 haul that included first-round draft picks dominique easley, matt elam and sharrif floyd.“realistically, the best-case scenario would bring (alabama) just short, but we’re talking about decimals short,” said barton s