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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
09/18/201418:44:45TECH STOCKS: Apple, Amazon Lead Broad Tech Gains
09/16/201400:51:26TECH STOCKS: Tech Stocks Fall; Microsoft Among Decliners
09/16/201400:49:59MARKET SNAPSHOT: U.S. Stocks End Lower; Tech And Small-caps Lead...
09/16/201400:38:07MARKET SNAPSHOT: U.S. Stocks Fall As Nasdaq Sinks Nearly 1%
09/16/201400:23:51MARKET SNAPSHOT: U.S. Stocks Open Lower; Yahoo Rises
09/15/201419:54:26MARKET SNAPSHOT: U.S. Stocks: Futures Flat As Investors Wait...
09/15/201409:44:04MARKET SNAPSHOT: U.S. Stocks: Futures Nudge Lower As Investors...
09/12/201416:40:35TECH STOCKS: Apple, EBay Gains Can't Blunt Other Tech Losses
09/11/201421:30:23Brett Icahn Drops Plan to Start Hedge-Fund Firm
09/11/201411:53:21TECH STOCKS: JDSU, Pandora Buck Tech's Weak Performance
09/07/201406:17:43MARKET SNAPSHOT: Stock-picking Gains Traction As Volatility Looms
08/28/201414:13:56TECH STOCKS: Tech Stocks Retreat Amid Market's Ukraine Fears
08/27/201417:46:22TECH STOCKS: Facebook Leads Tech Stocks Lower
08/22/201416:27:06TECH STOCKS: Salesforce, GameStop Lead Tech Stocks
08/18/201416:54:38TECH STOCKS: Apple, Netflix Help Tech Stocks Start Week With...
08/18/201412:03:10TECH STOCKS: Apple, Netflix Among Tech Stocks On The Rise
08/14/201418:40:19Icahn Discloses New Stake in Gannett
08/11/201417:10:47TECH STOCKS: Priceline Among Gainers As Tech Stocks Rally
08/08/201416:35:08TECH STOCKS: Nvidia's Gains Stand Out Among Tech Stocks
08/07/201417:20:32TECH STOCKS: Tech Sector Ends Day In The Red

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