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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
12/08/201623:30:00Asia Currencies Hit by ECB Easing, but Stocks Mostly Gain
12/08/201609:20:00Streaming Again Boosts Warner Music
11/29/201611:20:00Nintendo-Themed Attractions Coming to Universal Parks & Resorts
11/24/201623:00:00Asian Shares Stronger With Nikkei at 10-Month High
11/23/201607:40:00A Ho-Hum Holiday for Videogame Sales
11/20/201620:50:00Fantastic Beasts' Takes Top Spot at Box Office
11/15/201619:10:00October Internet Attack Targeted PlayStation Network, Researchers...
11/03/201623:30:00Asia Stocks Falter as Political Concerns Build
10/30/201622:10:00Inferno' Gets Burned at Box Office; 'Madea Halloween' Stays on...
10/26/201607:40:00Comcast Reports Strong Earnings
10/25/201617:40:00AT&T CEO Says Time Warner Deal Not About Raising Prices
10/25/201607:45:00Tech Companies Poised to Cash In on Virtual Reality Market
10/20/201623:50:00Asian Shares Lower; Hong Kong Markets Shut Due to Typhoon
10/20/201612:00:00Nintendo's Next System Will Be Playable at Home or on the Go
10/20/201600:10:00Nintendo to Lift Veil on NX Videogame System
10/19/201617:40:00AT&T Seeks to Shake Up Pay TV
10/19/201616:00:00Google Signs Up CBS for Planned Web TV Service
10/18/201618:50:00Grand Theft Auto' Game Publisher Plans New Title
10/18/201617:00:00New CEO Set for Sony Music Entertainment
10/16/201621:50:00The Accountant' Hits No. 1 in Box-Office Debut

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