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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
07/02/201517:54:22Statement of Changes in Beneficial Ownership (4)
07/02/201517:54:22Statement of Changes in Beneficial Ownership (4)
07/02/201517:53:56Statement of Changes in Beneficial Ownership (4)
07/02/201517:53:56Statement of Changes in Beneficial Ownership (4)
07/02/201517:53:56Statement of Changes in Beneficial Ownership (4)
07/02/201517:53:56Statement of Changes in Beneficial Ownership (4)
07/02/201517:53:30Statement of Changes in Beneficial Ownership (4)
07/02/201517:53:30Statement of Changes in Beneficial Ownership (4)
07/02/201517:53:05Statement of Changes in Beneficial Ownership (4)
07/02/201517:53:05Statement of Changes in Beneficial Ownership (4)
07/02/201517:53:05Statement of Changes in Beneficial Ownership (4)
07/02/201517:52:38Statement of Changes in Beneficial Ownership (4)
07/02/201517:52:38Statement of Changes in Beneficial Ownership (4)
07/02/201517:52:38Statement of Changes in Beneficial Ownership (4)
07/02/201517:52:11Statement of Changes in Beneficial Ownership (4)
07/02/201517:52:11Statement of Changes in Beneficial Ownership (4)
07/02/201515:00:21Statement of Changes in Beneficial Ownership (4)
07/02/201509:25:057 Top Stocks to Buy In July
07/02/201506:37:31U.K. Watchdog: Adapt Public-Service Broadcasting to Internet...
06/30/201518:02:02When Will Netflix, Inc. Enter India? (Hint: Don't Hold Your Breath)

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