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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
07/29/201509:05:00Coverage of CATV Systems Equities -- Netflix, Liberty Global...
07/24/201518:17:24Statement of Changes in Beneficial Ownership (4)
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07/23/201520:12:00Angelina Jolie Pitt To Direct First They Killed My Father, An...
07/23/201519:51:00Statement of Changes in Beneficial Ownership (4)
07/23/201519:50:59Statement of Changes in Beneficial Ownership (4)
07/23/201519:50:31Statement of Changes in Beneficial Ownership (4)
07/23/201519:50:31Statement of Changes in Beneficial Ownership (4)
07/21/201520:50:14FCC Poised to Approve AT&T's Acquisition of DirecTV
07/17/201519:34:46Google's Share Price Crosses $700, Sets All-Time High -- 4th...
07/17/201516:11:16Quarterly Report (10-q)
07/17/201508:16:20MARKET SNAPSHOT: Google Surges, As U.S. Stocks Poised For Strong...
07/17/201506:10:36MARKET SNAPSHOT: U.S. Stocks Poised For Strong Weekly Gains...
07/17/201506:02:14MARKET SNAPSHOT: U.S. Stocks Poised For Strong Weekly Gains...
07/17/201505:59:36MARKET SNAPSHOT: U.S. Stocks Poised For Strong Weekly Gains...
07/17/201505:26:10MARKET SNAPSHOT: U.S. Stocks Poised For Strong Weekly Gains...
07/17/201500:00:29Hulu Explores Adding Ad-Free Option to Its Service
07/16/201512:45:01Netflix, Inc. and PayPal Holdings, Inc.: Long-Term Growth Stories...
07/16/201512:33:34Why Rovi Corporation Stock Fell As Much As 24% Today
07/16/201510:55:48Why Netflix, Inc. Stock Popped Today

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