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Indonesian telecom provider blocks access to Netflix

2016-01-28 14:34:48| Telecom - Topix.net

" Indonesia's state-owned telecommunications company said it has blocked the Internet video service Netflix in a possible setback to the U.S. company's expansion in Asia. PT Telekomunikasi Indonesia said in a statement it blocked Netflix beginning Wednesday because it lacks a permit to operate in Indonesia.

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Netflix VPN Crackdown Hits Australia

2016-01-22 18:03:28| PC Magazine Software Product Guide

Some Australian Netflix users are already running into trouble trying to use proxies to watch non-Australian content.

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Netflix, Inc. (NFLX) Given Buy Rating at FBN Securities

2016-01-22 09:52:45| Apparel - Topix.net

's stock had its "buy" rating reiterated by investment analysts at FBN Securities in a research report issued on Wednesday, Market Beat reports. Netflix traded down 5.00% during trading on Wednesday, hitting $102.35.

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Netflix subscribers reach 75 million

2016-01-20 13:50:04| Digital TV News

Netflix (NASDAQ: NFLX) has released its fourth-quarter 2015 results. The company finished the quarter with 74.76 million members, with over 17 million net additions for the year. The compny expects to add over 6 million more subscribers in Q1.

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Netflix sees strong customer growth continuing

2016-01-20 08:30:00| Telecompaper Headlines

(Telecompaper) Netflix reported better-than-expected customer growth at its international operations in the fourth quarter. The streaming video service added 4.04 million customers outside the US, more than the 3.5 million forecast, to reach a total of 30.02 million at the end of 2015. Customer growth in the US was slightly below expectations, at 1.56 million to 44.74 million. With a total 74.76 million streaming customers at year-end, Netflix added over 17 million customers in 2015. The company said it passed the milestone of 75 million customers on 01 January, and the recent launch in 130 more countries is expected to take it to over 80 million by the end of Q1 2016. Revenue in the fourth quarter rose to USD 1.67 billion from USD 1.31 billion a year ago, in line with the company's forecast. Net profit fell to USD 60 million or 10 cents a share from USD 65 million or 19 cents a share a year earlier due to losses in new markets and costs of original content. The loss at the international operations swelled to USD 109 million in the quarter, but was smaller than the company's guidance of USD 117 million. In Q1 the international loss is expected to increase further to USD 114 million. 

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