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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;

Stock News for Netflix (NFLX)
10/24/201608:10:00AT&T Faces Political Barrage
10/24/201607:55:00Netflix Announces Proposed $800 Million Offering of Senior Notes
10/21/201617:08:57Statement of Changes in Beneficial Ownership (4)
10/21/201617:06:17Statement of Changes in Beneficial Ownership (4)
10/21/201617:04:57Statement of Changes in Beneficial Ownership (4)
10/20/201606:03:09Quarterly Report (10-q)
10/19/201621:11:00Netflix Fires Back at Poaching Accusations by 21st Century Fox...
10/19/201620:59:00Netflix Fires Back at Poaching Accusations by 21st Century Fox
10/19/201617:40:00AT&T Seeks to Shake Up Pay TV
10/19/201617:23:59Statement of Changes in Beneficial Ownership (4)
10/18/201604:30:00Stocks Recover Ahead of Inflation Data
10/17/201617:10:00Netflix Reports Surge in New Members
10/17/201616:17:53Current Report Filing (8-k)
10/17/201616:05:00Netflix Releases Third-Quarter 2016 Financial Results
10/11/201614:20:00Comcast Paying $2.3 Million to Settle FCC Probe
10/11/201609:00:00Netflix Confirms A New, Mexican Original Series Created And Directed...
10/06/201618:07:44Statement of Changes in Beneficial Ownership (4)
10/05/201616:51:04Statement of Changes in Beneficial Ownership (4)
10/05/201612:40:00Netflix Hires Former Universal Television President
10/04/201623:40:00Netflix, iPic Entertainment Agree to Screen Original Movies in...

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