(Reuters Breakingviews) - Netflix has ripped up the standard script. It stands v...
The Netflix logo is pictured on a television in this illustration photograph taken in Encinitas, California, U.S., January 18, 2017. REUTERS/Mike Blake
Netflix shares are up more than fivefold since the beginning of 2015, eclipsing Walt Disney, Comcast and AT&T during the same period. All three have launched or have plans for direct-to-consumer services to go head-to-head with Netflix. Box-office ticket sales are followed obsessively in Tinseltown because they prove the popularity and viability of a movie. But they’re irrelevant to Netflix, which mainly screens flicks like “The Irishman” in theaters only to meet antiquated standards for Oscar nominations. Instead, Netflix releases its own popularity lists – “Murder Mystery” topped the chart last year — though the ranking criteria is comical: It’s based on the number of households watching for at least two minutes.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Netflix investors risk ruing streaming-stock bingeReed Hastings’ firm has little if any need for TV ratings, box-office sales or ads, unlike rivals. Shareholders focus on subscriber and revenue growth, fueling its stock-market success. But a slowdown in new users and an excessive, if declining, cash burn put that under threat.
Read more »
Gillian Anderson originally put 'Sex Education' script in the garbageGillian Anderson originally put Sex Education script in the garbage
Read more »
24 Small Ways Real Parents Practice Self-CareFrom a Netflix binge to thoughtful end-of-day moments, here's what parents do for some “me” time.
Read more »
Asian stocks arrest slide but investors on edge over China virusAsian share markets steadied on Wednesday as investors took stock of the spread ...
Read more »
Netflix CEO Reiterates Zero Interest in Advertising Business: ‘There’s Not Easy Money There’Netflix continues to say it has no strategic interest at all in launching a version of its streaming service that includes ads — and would rather avoid the privacy pitfalls of collecting cons…
Read more »
'The Witcher' season 1 is on track to be Netflix's biggest TV show premiere of all time - Business InsiderThe first season of Netflix's hit fantasy series, 'The Witcher,' is one of the streaming giant's most popular releases.
Read more »