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Netflix Down 5.3% As BSkyB Plans Streaming

Shares of video rental provider Netflix Inc. (NFLX) were down 5.3% Tuesday after British Sky Broadcasting Group Plc (BSY.LN) announced a plan to challenge Netflix's recent U.K. launch with a streaming video service of its own. The service, which will get underway in the next six months, will have unlimited access to a package of Hollywood movies for a monthly subscription fee, according to a report in The Wall Street Journal. Netflix rolled out its streaming offering in the U.K. less than a month ago, as part of its attempt to expand to overseas markets. Netflix stock has been on a tear of late, up 29% over the past week and 71% in the last 30 days, amid renewed optimism about the company's streaming service. -David B. Wilkerson; 415-439-6400; AskNewswires@dowjones.com

Stock News for Netflix (NFLX)
DateTimeHeadline
12/01/201412:00:04TECH STOCKS: Tech Stocks Take A Cyber Monday Beating
11/25/201417:03:12MARKET SNAPSHOT: S&P 500, Dow Skid To A Halt, Over Oil, Falling...
11/25/201415:56:07MARKET SNAPSHOT: U.S. Stocks Struggle To Rally In Choppy Trade
11/25/201415:46:06MARKET SNAPSHOT: U.S. Stocks Under Pressure After November Consumer...
11/18/201411:57:58TECH STOCKS: GoPro Gains Stand Out In Tech's Advance
11/12/201417:09:28TECH STOCKS: Weak Tech Action Ahead Of Cisco's Earnings
11/11/201412:24:31TECH STOCKS: Juniper Networks Tops Tech Decliners On CEO Switch
11/11/201411:56:57TECH STOCKS: Tech Stocks Inch Higher In Mild Session
11/07/201416:27:21TECH STOCKS: Zynga Gains In Mildly Upbeat Tech Session
11/07/201411:28:53TECH STOCKS: Zynga Zooms Higher As Tech Mostly Struggles
11/03/201420:27:08Google Renews Its Cloud Efforts
11/03/201419:05:22Google Nexus Player Review
10/23/201411:10:27TECH STOCKS: Tech Stocks Rise Ahead Of Microsoft, Amazon Earnings
10/16/201417:06:24MARKET SNAPSHOT: U.S. Stocks End Marginally Higher; Small Caps...
10/16/201414:43:08MARKET SNAPSHOT: U.S. Stocks Rebound; Small Caps Rally
10/16/201411:58:40MARKET SNAPSHOT: U.S. Stocks Trim Losses In Choppy Trade
10/16/201410:18:34TECH STOCKS: Netflix Losses Stand Out As Techs Swoon
10/16/201409:44:37U.S. Hot Stocks: Hot Stocks to Watch
10/16/201409:16:38MARKET SNAPSHOT: U.S. Stocks: Futures Slide; Jobless Claims Drop
10/16/201408:09:07MARKET SNAPSHOT: U.S. Stocks: Futures Slide Around 1%

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