InfoAnda - Netflix glad 2011 over but 2012 may mean more pain |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Suspected burglar of LL Cool J home pleads not guilty | | 29 August 2012
Lady Gaga breaks iTunes records, says on "drunk diet" | 19 February 2011
Man accused of hacking Fed computer pleads guilty | | 14 April 2011

Islamists protest in support of Pakistan army | | 18 December 2011

Forum Views () Forum Replies ()

Read more with google mobile : Netflix glad 2011 over but 2012 may mean more pain |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Davos 2012 Technology Media Small Business Legal Deals Earnings Summits Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Mohamed El-Erian Lawrence Summers Susan Glasser The Great Debate Steven Brill Geraldine Fabrikant Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Sun hurls strong geomagnetic storm toward Earth 23 Jan 2012 Gaddafi supporters seize control of Libyan town 23 Jan 2012 Wife of Italian ship captain furious: report 9:03am EST Abortion safer than giving birth: study 23 Jan 2012 Iran says sanctions to fail, repeats Hormuz threat | 9:58am EST Discussed 310 Subculture of Americans prepares for civilization’s collapse 119 Supreme Court rejects judge-drawn Texas election maps 116 Obama set to reject Keystone oil pipeline: sources Watched Angelina Jolie fascinated by "bizarre" Republican presidential race Sun, Jan 22 2012 "Smart E-book" turns the page on reading technology Sun, Jan 22 2012 A dangerous walk to school Fri, Jan 20 2012 Netflix glad 2011 over but 2012 may mean more pain Tweet Share this Email Print Related News Google's results fall short, rare miss pummels shares Thu, Jan 19 2012 Goldman beats Street on lower expenses Wed, Jan 18 2012 Alcoa shares up, but analysts skeptical on outlook Tue, Jan 10 2012 Netflix sparks price war with UK launch Mon, Jan 9 2012 Analysis & Opinion Bank CEO pay suggests Wall Street may be waking up What’s bad for publishers is great for readers Related Topics Tech » Money » Media » The headquarters of Netflix is shown in Los Gatos, California September 20, 2011. Netflix said on Sept. 18 it would separate its streaming video service from the DVD rental busines. Credit: Reuters/Robert Galbraith By Lisa Richwine LOS ANGELES | Tue Jan 24, 2012 10:07am EST LOS ANGELES (Reuters) - Netflix Inc probably would like nothing better than to put 2011 behind it. But 2012 may be no walk in the park either. Investors, who have pushed Netflix shares up 50 percent since late November, believe the company that revolutionized the home video industry may have plugged a torrent of defections after a widely excoriated price hike and a bumbling attempt to hive off its DVD-mail business as "Qwikster." But it still faces a deluge of competition, a tarnished brand, and a costly expansion that will erode bottom lines, at least in the short term. Netflix wants to steer customers away from DVDs and into its streaming business. To do so, it is writing hefty checks to add more movies and TV shows to its online service, and has warned that content costs will nearly double this year. At the same time, Netflix faces the loss of newer movies from Liberty Media Corp's cable channel Starz at the end of February. "2012 is going to be a transition year," said Piper Jaffray analyst Michael Olson, who rates Netflix "overweight" and has a $100 price target on the stock. "The good news for Netflix is expectations have been ratcheted down quite a bit." When the video rental company led by CEO Reed Hastings releases fourth-quarter results on Wednesday, all eyes will focus on whether the company has stemmed U.S. subscriber defections that helped spark a massive selloff last year. Hastings, once a golden boy of Wall Street who could do no wrong, was forced to backtrack on the Qwikster name change and at one point apologized for "arrogance," but the damage had been done. Netflix lost more than 800,000 U.S. customers in the third quarter of 2011 and warned that DVD-by-mail subscriptions would decline sharply in the final three months of the year, triggering the company's largest single-day share price plunge since 2004. But the company said total U.S. subscribers, which includes customers who pay for the online streaming service, would be "slightly up" for the quarter. Wall Street remains upbeat about its longer-term prospects - so long as it can navigate its costly international expansion and secure enough content to keep the likes of Apple Inc, Amazon.com Inc, and Dish Network Corp's Blockbuster at bay. Netflix warns that it will swing into a loss this year as it expands to Latin America and parts of Europe. "While we still believe Netflix has the potential to build a powerful global business, 2012 is likely to be ugly," Dougherty & Co analyst Steve Frankel, who has a "neutral" rating on Netflix and a $90 price target, said in a note to clients. UPBEAT? Shares in the company have rebounded by more than 50 percent since late November, when the stock cratered at $62.37, down from a July high of $304.79. On Monday, shares closed at $93.96 on Nasdaq. That selloff might have been too dramatic for a company that boasted more than 25 million global subscribers at the end of September, analysts say. Some investors appear to be anticipating a return to subscriber growth. Speculation that Verizon Inc or another company may want to buy Netflix also likely boosted shares in recent weeks, Harris said. "The dropoff from the fall was an overreaction, and I think people are getting a little more optimistic," said B. Riley & Co analyst Eric Wold, who rates Netflix a "buy" and has a $125 price target. Fourth-quarter revenue should reach $857.6 million and earnings per share should hit 55 cents, according to Thomson Reuters I/B/E/S. For 2012, Wall Street is projecting revenue growth of about 13 percent to $3.6 billion. Last week, Sanford Bernstein analyst Carlos Kirjner cut his 12-month price target on Netflix to $71 because he believes streaming subscribers and revenue growth will slow later this year without enough of an offset from international markets. Harris projects U.S. subscribers for the fourth quarter to come in flat or gain a couple hundred thousand. "Growth is incredibly important for this company," said Brett Harriss, an analyst with Gabelli & Co. "Netflix essentially needs to get very big very fast, because there is just a ton of competition gunning for them." (Reporting By Lisa Richwine; Editing by Gary Hill) Tech Money Media Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Advertise With Us Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Tuesday, 24 January 2012
Egypt's Islamist-led parliament meets, rivalries on display |
Putin warns ethnic tensions risk tearing Russia apart |
U.N. probes new charges of peacekeeper sex abuse in Haiti |
Yemen sends more troops to militant-held town |
U.S. and Afghan officials flexible on peace, outlawed group says |
Gaddafi supporters seize control of Libyan town |
Lone voice reveals fear, division in Syria's Homs |
Apple 2012: Smooth sailing, for the most part |
EU's Reding says data fines not in focus |
Korean research, a first step toward Dr. Smartphone? |
Police need warrant for GPS tracking: court |
Occupy movement gets help from its musical friends |
Aretha Franklin calls off wedding plans |
Altitude sickness causes Tracy Morgan Sundance collapse |
Epic clash: Silicon Valley blindsides Hollywood on piracy |
Syria denounces Arab League for telling Assad to quit |
Chinese forces break up Tibetan protest with tear |
Two car bombs kill 10, wound 38 in Iraq capital |
Japan task force kept no records of nuclear crisis response |
France to decide on Afghan pullout after Karzai visit |
France urges Turkey not to overreact to genocide law |
East Afghan frontline emerges as major hurdle |
Gaddafi supporters seize control of Libyan town |
Insight: As Africa's consumers rise, so does inequality |
Flamboyant online tycoon kept low profile in rural NZ |
Sony and Panasonic brace for grim earnings season |
TI says chip demand is improving; to close 2 factories |
Playtech gears up for global expansion |
Analysis: Megaupload shutdown unlikely to deter piracy |
Ex-U.S. spy chief says may take crisis for new cyber law |
Sage mindful of European woes on customers |
Supreme Court rules police need warrant for GPS tracking |
Elpida in talks to merge with Micron, Nanya: report |
Rebecca Hall rolls dice with movie Lay The Favorite |
Newcomer Gina Rodriguez wows Sundance as Filly Brown |
Shahs of Sunset puts young Iranians on U.S. TV map |
Iran says sanctions to fail, repeats Hormuz threat |
Egypt partially lifts state of emergency law |
U.S. warns over Bahrain travel before anniversary |
Hungary EU deal hopes dim, PM in Brussels |
New body found on wrecked Italian ship |
Nigeria's Boko Haram killed 935 people since 2009 |
EU wants bold peace bids by Palestinians, Israel |
Europe faces malaise and must reform, World Bank says |
Netflix glad 2011 over but 2012 may mean more pain |
Apple again loses Dutch bid for Samsung tablet ban |
Verizon Wireless margins hurt by iPhone |
About one in five workers worldwide telecommute: poll |
Chipmakers' forecasts prompt fears of Nokia slump |
RIM's new leader raises doubts among investors |
Nokia fined for spam texts in Australia |
Russian handset sales back to pre-crisis level: MTS |
The Artist, Hugo lead the way in Oscar nods |
Potter star looks to life without wands or wizards |
Abu Dhabi resumes Louvre, Guggenheim projects |
Rushdie India speech cancelled amid death threats |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01