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Netflix seeks to raise at least $400 million
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Netflix raised $400 million Monday as the video subscription service tries to recover from a customer backlash that has battered stock and tarnished brand
Netflix hopes to raise at least $400M by selling stock, issuing debt to major
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SAN FRANCISCO ? Netflix raised $400 million Monday as the video subscription service tries to recover from a customer backlash that has battered stock and tarnished brand. The decision to issue more debt and stock may rattle some investors worried about Netflix?s ability to recover from a crisis triggered by management?s July announcement that was raising U.S. prices by as much ..
Coinstar Q3 Tops Estimates; Sets 20% DVD Rental Price Hike
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Did they learn nothing from Netflix? Coinstar, operates the RedBox DVD kiosk chain, afternoon announced that raising the daily prices for DVDs to $1.20, from $1. (Which obviously a 20% increase.) The company not changing prices for of Blu-Ray titles or video []..
Netflix subscribers offered piece of $27.5M settlement for Wal-Mart?s exit fr
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SAN FRANCISCO ? More than 25 million current and former Netflix subscribers are being offered a sliver of a $27.5 million payment to settle allegations that the video subscription service and Wal-Mart illegally conspired to inflate prices to rent and buy DVDs. Most people covered by the agreement were notified when the details were sent mass e-mails late Tuesday. A federal court judge gave ..
More Bad News For Netflix: It Needs To Raise Another $200 Million
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Netflix raising an additional $200 million capital. The stock off 6% after-hours trading on the news. More to come Netflix offers an online flat rate DVD and Blu-ray by mail, as well as video streaming the US. It headquartered Los Gatos, California
Redbox raising rental rate
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Redbox's DVD- kiosks are attracting movie lovers fed up Netflix's video-subscription service
Redbox Rental Prices to Rise; Coinstar 3Q Earnings Nearly Double
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Redbox's DVD kiosks are attracting movie lovers fed up Netflix's video subscription service. But now Redbox's owner, Coinstar Inc., risking own customer backlash by raising prices, the same move that triggered Netflix's recent loss of 800,000 U.S. subscribers. The plot twist emerged Thursday Coinstar's latest quarterly report. The company's earnings nearly doubled ..
Coinstar Hikes DVD Rental Prices 20%; Shares Plummet Response
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Coinstar Inc. (CSTR) shares appear to have Netflix syndrome morning. While the company topped Wall Street's third-quarter earnings estimates last night's report, Coinstar unexpectedly hiked Redbox DVD fees by 20% to $1.20 per night. Citing higher operating expenses, CEO Paul Davis said that []..
'Arrested Development' to Be Resurrected by Netflix
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Lesley Goldberg New episodes of the Emmy-winning comedy stream exclusively to members of the DVD service. read more..
Netflix stock falls 35% as analysts turn on company
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One analyst called the "nuclear winter scenario" for Netflix. Shares the company plummeted 35% Tuesday, the day after the streaming video and DVD service revealed had lost 800,000 subscribers the third quarter and projected far slower growth for the rest of the year and early 2012 than investors had expected
Netflix seeks to raise at least $400 million
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Netflix raised $400 million Monday as the video subscription service tries to recover from a customer backlash that has battered stock and tarnished brand
Netflix DVD customers to get settlement Wal-mart collusion suit
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Millions of current and former Netflix customers woke up Wednesday to an e-mail about a class-action lawsuit involving the price of online DVD s
Netflix selling $200 million bonds
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Streaming service may need to raise cash quickly due to losses to subscriber base
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