First-quarter surge sends Netflix membership above 60 million

Apr 16, 2015

First-quarter surge sends Netflix membership above 60 million

Netflix on Wednesday reported an unprecedented jump in subscribers in the first quarter of this year, pushing the streaming television service membership above 60 million. Milestones included passing the 40-million member mark in the United States and the 20-million mark internationally, pushing the number ...

Leonardo DiCaprio partners with Netflix for documentary projects

Mar 5, 2015

Leonardo DiCaprio partners with Netflix for documentary projects

Becoming the latest high-profile name to partner with Netflix Inc., Actor Leonardo DiCaprio and his production company, Appian Way, will produce a documentary and a series that will premiere exclusively on the digital streaming service, the company said on Wednesday. DiCaprio, who worked with ...

Netflix streams its on-demand TV to Cuba

Feb 10, 2015

Netflix streams its on-demand TV to Cuba

Streaming U.S. television giant Netflix said Monday it was now offering service to Cuba with “a curated selection of popular movies and TV shows.” Netflix, which is aiming for 200 global markets in the coming years, made the announcement amid a thaw in U.S.-Cuba ...

Jul 22, 2014

Netflix tops 50 million subscribers as second-quarter earnings soar

Netflix’s second-quarter earnings more than doubled as new episodes from a hit series helped the Internet video service surpass 50 million worldwide subscribers for the first time. The gains announced Monday include an additional 570,000 U.S. subscribers, slightly more than Netflix’s management predicted. The ...

Apple's e-book 'conspiracy' said violated antitrust law

Jul 11, 2013

Apple's e-book 'conspiracy' said violated antitrust law

A U.S. judge ruled Wednesday that Apple conspired to raise e-book prices, handing the tech giant a bruising loss that could ripple throughout the industry and force companies to rethink how they meet consumer demand for digital products. For 160 pages, U.S. District Judge ...