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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
09/02/201522:20:00Sony Pictures Settles Data Breach Lawsuit
09/02/201513:20:00Sony Unveils Xperia Z5 Smartphone
09/01/201513:28:00'War Room' Surprises at Box Office With $11.35mm Opening Weekend
08/27/201518:00:00GameStop Profit Rises
08/19/201522:30:00Hackers Post Stolen User Data From Ashley Madison Breach
08/10/201513:10:08China's Xiaomi Is Assembling Smartphones in India
08/05/201514:50:00Sony Pictures Entertainment Dates 16 Films For 2016 And 2017...
07/30/201503:20:12Sony Net Profit Surges in First Quarter
07/28/201509:25:00Active Equities to Watch in the Consumer Goods Sector -- Apple...
07/23/201507:30:08EU Files Antitrust Charges Against Six U.S. Film Studios
07/17/201514:22:00MIRACLES FROM HEAVEN Starring Jennifer Garner, Martin Henderson...
07/14/201514:50:023 Tech Products That Could Disappear by 2025
07/11/201514:15:03Why Sony Corporation Won't Give Up on Smartphones
07/07/201509:40:02Sony's PlayStation 4 Offers A La Carte TV Channels Ahead of Apple...
06/30/201503:40:08Sony Plans $3.6 Billion Stock, Bond Offering
06/28/201511:25:03Do Sony And Microsoft's New 1TB Game Consoles Fortell the End...
06/26/201511:30:05Sirius Settles Oldies-Music Suits
06/25/201513:07:00IMAX® 3D Audiences To Experience "The Walk" First When The Film...
06/21/201515:25:02Sony Offers a la Carte Cable, But Will Anyone Pay for It?
06/21/201512:55:02How Microsoft's Xbox HoloLens Demo Won E3 and Why Investors Should...

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