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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
04/21/201515:05:09Verizon Faces More Challenges Over Slim New Pay TV Bundles...
04/21/201508:20:025 Things Netflix, Inc. Management Wants You to Know
04/21/201506:34:57Morgan Stanley Reaffirms Overweight Rating for Netflix (NFLX)
04/20/201518:07:02Did Verizon Just Give Customers A La Carte Cable?
04/20/201517:25:14Statement of Changes in Beneficial Ownership (4)
04/20/201517:25:14Statement of Changes in Beneficial Ownership (4)
04/20/201517:24:49Statement of Changes in Beneficial Ownership (4)
04/20/201509:25:125 Stocks Warren Buffett Would Never Buy
04/19/201513:00:135 Things I Learned on the Way to an 1,100% Return on Netflix...
04/19/201508:20:02My $505,845 Netflix Mistake
04/17/201520:00:03Can Netflix, Inc. Stock Really Rise to $900?
04/17/201516:59:55Quarterly Report (10-q)
04/17/201509:03:02How Can YouTube Persuade Users to Pay Up?
04/17/201508:06:02AMC Entertainment & Disney Just Gave Dolby Vision Much-Needed...
04/16/201518:40:21Netflix Gets Star Treatment From Broadband Providers Abroad
04/16/201517:07:36U.S. Stocks Edge Lower
04/16/201517:01:35MARKET SNAPSHOT: U.S. Stocks Finish Lower Amid Mixed Economic...
04/16/201516:20:02The Cloud Battle Heats Up Between Amazon.com Inc, Google Inc...
04/16/201515:17:32U.S. Stocks Trade Higher
04/16/201514:35:51MARKET SNAPSHOT: U.S. Stocks Edge Higher Amid Mixed Economic...

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