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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
03/28/201512:42:01Will Apple TV and Dish's Sling TV Kill Netflix Inc.?
03/28/201511:46:55It's High Time For A High-End Apple TV
03/28/201511:21:02Netflix Inc. Gets A Boost, But Can It Stay on Top?
03/28/201510:41:01How to Get HDTV Channels For Free
03/27/201517:50:31Double Or Triple Top, Slowing Adds, Increasing Content Costs...
03/27/201517:17:03Statement of Changes in Beneficial Ownership (4)
03/27/201510:00:00The Ugly Truth About Netflix
03/26/201504:55:30Pfizer Is An Outright Buy - Cramer's Lightning Round (3/25/15)
03/25/201519:55:48'X-Files' Return Coming At Right Time For Fox And Its Investors
03/25/201515:00:00Netflix to Announce First-Quarter 2015 Financial Results
03/25/201513:25:02Forget Hollywood: How to Invest in the Box Office Itself
03/25/201512:37:27Streaming TV: What's the Big Deal About Netflix's Special Networks?
03/25/201512:00:02Streaming TV: What's the Big Deal About Netflix's Special Networks?
03/25/201507:41:293 Companies Fighting Conventional Wisdom - Cramer's Mad Money...
03/24/201521:25:04The Downbeat Report That Boosted Netflix Shares
03/24/201517:20:14MARKET SNAPSHOT: U.S. Stocks Fall As Worries Over Rate Hikes...
03/24/201517:20:023 Reasons Sony Corp.'s PlayStation Vue Streaming TV Service Will...
03/23/201518:50:01Read This Before You Quit on Cable
03/23/201511:10:00Netflix To Premiere Chris Tucker's First-Ever Stand-Up Comedy...
03/23/201511:10:00Netflix To Premiere Chris Tucker's First-Ever Stand-Up Comedy...

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