Tag Archives: nflx

Netflix could be turning Japanese this fall, reports say

Online subscription video leader Netflix (NFLX) is preparing to enter Japan and countries in Southern Europe in the second half of the year, JPMorgan says. Netflix already has announced plans to launch service in Australia and New Zealand on March 31. But JPMorgan sees additional international launches as likely this year in Europe and Asia. JPMorgan analyst Doug Anmuth on Tuesday reiterated his overweight rating on Netflix (NFLX) stock with a price target of 450. His bullish stance is based on subscriber growth Netflix’s aggressive international expansion and compelling slate of original programs. He also sees continued traction in Western Europe and solid U.S. growth. Netflix stock was down a fraction, near 323, in afternoon trading on the stock market today. Netflix is scheduled to report Q4 earnings on Tuesday after the market close. “We expect solid Q4 results, with greater upside potential in international subscribers than in the U.S.,” Anmuth…

Amazon sees Netflix’s Adam Sandler, raises with Woody Allen

Amazon (AMZN) and Netflix (NFLX) are locked in an escalating battle to secure brand-name celebrities to create original shows that will attract viewers to their streaming video services. On Tuesday, Amazon announced that it has signed Woody Allen to write and direct his first television series. The half-hour series, currently called “Untitled Woody Allen Project,” will premiere exclusively on Amazon Prime Instant Video. While the show doesn’t have an official title, snarky commenters on Twitter (TWTR) were quick to write their own titles, based on past Allen controversies like marrying his stepdaughter Soon-Yi Previn. (Suggested titles included: “How I Met Your Mother My Daughter,” “The Courtship of Mia’s Daughter” and “It’s Always Soon-Yi in Philadelphia.”) Recruiting Allen signals Amazon’s (AMZN) willingness to push the creative envelope, the New York Times reported. Just two days ago, Amazon’s original series “Transparent,” a dark comedy about a family in which the father comes out…

Amazon, Netflix Golden Globe wins raise streaming video stakes

Over-the-top Internet TV services Amazon and Netflix beat out cable and broadcast channels to win major awards at the annual Golden Globes ceremony on Sunday. Amazon (AMZN) Prime Instant Video scored two Golden Globe awards, given by the Hollywood Foreign Press Association. Its original comedy-drama series “Transparent” won the award for Best TV Series-Musical or Comedy and its star, Jeffrey Tambor, won Best Actor-TV Series, Musical or Comedy. The 10-episode first season of “Transparent” premiered on Amazon on Sept. 26. The second season, in production, is set to air this year. The series is available only to subscribers of Amazon’s Prime service, which costs $99 a year. The main attraction of Prime has been free two-day shipping on many items from Amazon.com, but the honors for “Transparent” could attract more streaming video viewers. Meanwhile, Netflix (NFLX) scored another award for its acclaimed political drama…