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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
07/20/201612:01:00MARKET SNAPSHOT: S&P, Dow On Track For Record Closing Highs As...
07/20/201610:27:00MARKET SNAPSHOT: Dow On Track For 7th Record As Tech Rallies
07/19/201617:34:29Quarterly Report (10-q)
07/19/201603:03:00Netflix Misses Subscriber Goal; Shares Plunge -- WSJ
07/18/201620:45:00Netflix Reports Sharp Slowdown in User Growth -- 4th Update
07/18/201617:29:00Netflix Reports Sharp Slowdown in User Growth--3rd Update
07/18/201617:09:00Netflix Reports Sharp Slowdown in User Growth--2nd Update
07/18/201617:00:00Netflix Reports Sharp Slowdown in User Growth
07/18/201616:59:00Netflix Reports Sharp Slowdown in User Growth--Update
07/18/201616:06:44Current Report Filing (8-k)
07/18/201616:01:00Netflix Releases Second-Quarter 2016 Financial Results
07/18/201612:08:00MARKET SNAPSHOT: Dow On Track For Record Closing High As Tech...
07/18/201609:00:00Netflix To Beam New CBS "Star Trek" Television Series In 188...
07/13/201617:53:38Statement of Changes in Beneficial Ownership (4)
07/07/201618:13:50Statement of Changes in Beneficial Ownership (4)
07/06/201619:56:20Statement of Changes in Beneficial Ownership (4)
07/06/201619:55:52Statement of Changes in Beneficial Ownership (4)
07/06/201619:54:55Statement of Changes in Beneficial Ownership (4)
07/06/201619:54:29Statement of Changes in Beneficial Ownership (4)
07/06/201619:54:01Statement of Changes in Beneficial Ownership (4)

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