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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
09/21/201618:39:17Statement of Changes in Beneficial Ownership (4)
09/21/201618:37:46Statement of Changes in Beneficial Ownership (4)
09/21/201609:15:00You're Still Hooked and Netflix Knows Why
09/21/201609:15:00You're Still Hooked and Netflix Knows Why
09/21/201609:15:00You're Still Hooked and Netflix Knows Why
09/17/201603:02:00Netflix Faces Lawsuit -- WSJ
09/16/201618:26:0021st Century Fox Sues Netflix for Poaching Employees-- 2nd Update
09/16/201616:47:0021st Century Fox Sues Netflix for Poaching Employees--Update
09/16/201616:00:0021st Century Fox Sues Netflix for Poaching Employees
09/16/201615:50:0021st Century Fox Sues Netflix for Poaching Employees
09/14/201617:00:00Netflix to Announce Third-Quarter 2016 Financial Results
09/14/201610:59:00Netflix To Be On Liberty Global Set-Top Boxes -- 2nd Update
09/14/201610:50:00Netflix To Be On Liberty Global Set-Top Boxes -- Update
09/14/201610:37:00Netflix To Be On Liberty Global Set-Top Boxes
09/08/201619:00:00FCC's Tom Wheeler Unveils His Plan to Open Up Market for Set-Top...
09/08/201617:17:28Statement of Changes in Beneficial Ownership (4)
09/08/201616:01:00Netflix Chief Financial Officer to Present at the Goldman Sachs...
09/07/201617:38:45Statement of Changes in Beneficial Ownership (4)
09/07/201614:30:00EQUITY ALERT: Finkelstein & Krinsk LLP Announces Investigation...
09/06/201618:48:16Statement of Changes in Beneficial Ownership (4)

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