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Netflix To Launch In UK, Ireland

By Ben Rooney Of THE WALL STREET JOURNAL Netflix Inc. (NFLX), the U.S. streaming and movie rental service, is to launch in the U.K. and Ireland, the company announced Monday. The company hasn't said how much it will charge, though in the U.S. customers pay $7.99 a month for unlimited movies and TV episodes streamed over the Internet to PCs, Macs and TVs. The company said further details about the service, including pricing, content and supported devices, will be announced closer to launch in early 2012. The move will put the company in direct competition to LoveFilm, which has more than 1.6 million subscribers in the U.K. and Europe. It will also be up against YouTube and Sony Corp. (6758.TO), both of which recently announced their own services. Netflix has been streaming to U.S. members since 2007, adding Canada in 2010 and 43 countries in Latin America and the Caribbean in September 2011. Netflix has had a rocky ride recently. Its shares plummeted from nearly $300 in early July to about $112 as of Friday after a series of embarrassing missteps: the company raised prices, said it was splitting in two and then, after customer outrage, reversed course on the split, but stuck with higher prices. The selloff has brought an ugly--and abrupt--end to the winning streak of one of the market's best performers. -By Ben Rooney, The Wall Street Journal

Stock News for Sony (SNE)
DateTimeHeadline
01/23/201517:38:25Digital-Music Services Face Another Challenge on Playing Classic...
01/20/201523:20:27Obama Calls for Tough Legislation to Combat Cyber-Attacks
01/13/201517:04:11GameStop Touts Strong Demand for Videogames Over Holidays
01/09/201519:54:35Sony Documents Shed Light on Studio Dealings in China
01/09/201510:28:43China Tells Sony to Hold PS4 Sales
01/07/201514:26:16FBI: U.S. Is Confident About North Korea's Involvement in Sony...
01/05/201515:40:11Dish Network Unveils Web Video Service Sling TV
01/05/201515:31:28Dish Network Unveils Web Video Service Sling TV--Update
01/04/201516:19:43Hollywood Tries to Forget Rough 2014
01/02/201514:50:50U.S. Penalizes North Korea for Sony Hack
12/30/201420:50:35White House Deflects Doubts on Source of Sony Hack
12/26/201416:00:11The Interview' Earns $1 Million in First Day
12/26/201400:40:38PlayStation Store, Xbox Site Suffer Disruptions
12/25/201421:00:14Small U.S. Theaters Make Free-Speech Pitch for 'The Interview'
12/24/201413:20:30Sony to Release 'The Interview' Online Today
12/23/201416:47:29Sony Exploring Sale of Music Publishing Unit, Leaked Emails Show
12/23/201413:58:12Rockstar Consortium to Sell 4,000 Patents to RPX -- 3rd Update
12/23/201412:55:20Rockstar Consortium to Sell 4,000 Patents to RPX -- 2nd Update
12/23/201411:54:23Rockstar Consortium to Sell 4,000 Patents to RPX -- Update
12/22/201423:28:51Correction to Sony Asks Twitter to Suspend User Update

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