Editor’s Note: Related tickers: Netflix, Inc. (NASDAQ:NFLX), Intel Corporation (NASDAQ:INTC), Google Inc (NASDAQ:GOOG), Apple Inc. (NASDAQ:AAPL), Sony Corporation (ADR) (NYSE:SNE), Viacom, Inc. (NASDAQ:VIAB)
Netflix’s “Hold” Rating Reaffirmed at TheStreet (NFLX) (UtahPeoplesPost)
Netflix, Inc. (NASDAQ:NFLX)‘s stock had its “hold” rating restated by analysts at TheStreet in a research report issued to clients and investors on Tuesday, Stock Ratings Network.com reports. The analysts wrote, “Netflix, Inc. (NASDAQ:NFLX) has been reiterated by TheStreet Ratings as a hold with a ratings score of C. The company’s strengths can be seen in multiple areas, such as its increase in net income, revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and generally higher debt management risk.”
Silicon Valley’s Bid for $100 Billion Slowed by Hollywood (Bloomberg)
Armed with billions in cash and promising advanced features, Intel Corporation (NASDAQ:INTC), Google Inc (NASDAQ:GOOG), Apple Inc. (NASDAQ:AAPL) and Sony Corporation (ADR) (NYSE:SNE) are gunning to take on cable, phone and satellite companies by offering pay TV via the Web. The tech giants plan to use existing cable, fiber and wireless networks, just as Netflix, Inc. (NASDAQ:NFLX) does, to offer Web-based TV in living rooms and on tablets and smartphones. In just the latest sign of change in TV viewing, Google Inc (NASDAQ:GOOG) last week introduced Chromecast, a $35 device that lets mobile-phone and tablet owners watch YouTube and Netflix, Inc. (NASDAQ:NFLX) on their TV sets.
HBO “Actively Exploring” Chromecast Streaming Support (Geeky-Gadgets)
Last week Google Inc (NASDAQ:GOOG) announced Chromecast and we like what we see so far. It just needs more content. Netflix, Inc. (NASDAQ:NFLX) is already onboard and it was recently reported that HBO was interested in bringing HBO GO streaming support to Chromecast as well. A representative for the network, Laura Young, has confirmed that HBO is “actively exploring” supporting Chromecast, but they can not comment right now on specific plans as far as timing. When Chromecast’s software was looked into, there were mentions of HBO GO, so maybe Google Inc (NASDAQ:GOOG) is internally testing an HBO GO app for Chromecast.
How Much Is Netflix Investing in International Growth? (Fool)
Have you seen how quickly Netflix, Inc. (NASDAQ:NFLX) is refocusing on overseas expansion? …Content costs may be rising overall, but are actually falling in the domestic market. Instead, the international division has nearly doubled its content budget over the four quarters where Netflix, Inc. (NASDAQ:NFLX) has provided that information. So Viacom, Inc. (NASDAQ:VIAB) walked away with SpongeBob and Dora, taking its prized content to the highest bidder. But the original deal was signed in 2009, before Netflix, Inc. (NASDAQ:NFLX) announced its first international market, and almost certainly didn’t include global streaming rights. The money saved is going into overseas licenses instead.
Blockbuster, Netflix, and big oil (DailyUW)
Why big oil and UW should rethink their investments Let me begin with a story. Once upon a time there was a company called Blockbuster. Formed in 1985, it ended the 20th century with nearly one-third of the U.S. video rental market and worldwide revenue in the billions. Blockbuster seemed entrenched and unbeatable, with thousands of stores around the globe bearing its iconic yellow and blue coat of arms. Then, in 1998, innovation entered the scene. A little start-up called Netflix, Inc. (NASDAQ:NFLX) began offering a new way to rent movies. Initially, it wasn’t the cheapest or most popular way to go, but slowly Netflix, Inc. (NASDAQ:NFLX) perfected its craft.