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Jul 25, 2012

HBO nixes idea of Netflix partnership

LOS ANGELES (Reuters) – Consumers who dream of watching HBO hits like “The Sopranos” or “Game of Thrones” by streaming to TVs using their Netflix accounts shouldn’t hold their breath.

Netflix Inc CEO Reed Hastings raised the tantalizing possibility on Tuesday that his video rental company could partner with HBO, with which his company has jostled in the past, as it has with other television networks that supply programming.

Jul 25, 2012

Netflix cautious on subscriber growth, shares plunge

LOS ANGELES (Reuters) – Netflix Inc (NFLX.O: Quote, Profile, Research, Stock Buzz) warned on Tuesday it may have trouble reaching its year-end target for new subscribers, an outlook that disappointed Wall Street and sent the video rental company’s shares down nearly 16 percent.

For the second quarter, Netflix returned to profit and reported earnings of 11 cents a share, beating analysts’ expectations of 5 cents. Its $8-a-month TV and movie streaming service added 530,000 new U.S. customers.

Jul 24, 2012

Netflix subscriber outlook disappoints, shares plunge

LOS ANGELES, July 24 (Reuters) – Netflix Inc (NFLX.O: Quote, Profile, Research) warned
on Tuesday it may have trouble reaching its year-end target for
new subscribers and will record a loss in the final three months
of the year, news that sent the video rental company’s shares
down nearly 16 percent after hours.

For the second-quarter, Netflix reported earnings of 11
cents a share, beating analysts expectations of 5 cents, and
said it added 530,0000 new customers to its video streaming
service in the U.S. market.

Jul 24, 2012

Netflix shares fall 14 percent as outlook disappoints

LOS ANGELES (Reuters) – Netflix Inc (NFLX.O: Quote, Profile, Research, Stock Buzz) warned on Tuesday it may have trouble reaching its year-end target for new subscribers and will record a loss in the last three months of the year, sending the shares of the video rental company down 14 percent.

For the second-quarter, Netflix reported earnings of 11 cents a share, beating analysts expectations of 5 cents, and said it added 530,0000 new customers to its video streaming service in the U.S. market.

Jul 23, 2012

Fox executive: Network may lose 18-49 ratings race next season

LOS ANGELES, July 23 (Reuters) – The Fox television network
may relinquish its eight-year ratings title among the 18- to
49-year-old age group prized by advertisers in the upcoming
season, Fox Entertainment President Kevin Reilly said on Monday.

The News Corp-owned network’s streak in the
category was built largely by its reliance on singing
competition “American Idol.” Total viewership for the show in
the season that ended in May dropped 30 percent from the
previous season, according to Nielsen ratings data.

Jul 23, 2012

Mariah Carey brings superstar status to ‘American Idol’

LOS ANGELES, July 23 (Reuters) – Grammy-winning pop star
Mariah Carey will join Fox television’s “American Idol” singing
contest as a judge next season as the highly rated show fights
to regain its slumping audiences.

Kevin Reilly, president of entertainment for Fox
Broadcasting, told television critics on Monday in Los Angeles
that popular singer Carey will be one of the replacements for
departing judges Steven Tyler and Jennifer Lopez.

Jul 23, 2012

Netflix investors want to know if more viewing equals more subscribers

LOS ANGELES (Reuters) – Netflix Inc (NFLX.O: Quote, Profile, Research, Stock Buzz) CEO Reed Hastings boasted this month on his Facebook page that subscribers had streamed more than 1 billion hours of movies and TV shows in June, a record for the video rental service.

On Tuesday, Netflix will answer the question most on its investors’ minds: How much of that increase comes from new subscribers who pay $8 a month for unlimited viewing?

Jul 23, 2012

Warner’s Gangster Squad movie could see changes after Colorado shooting

LOS ANGELES (Reuters) – The Warner Bros. studio is rethinking its plans for the film “Gangster Squad” in light of a scene featuring a movie-theater shooting, but beyond that Hollywood executives expect little fall-out from the mass killing at a Batman screening on Friday in Aurora, Colorado.

Officials at Time Warner Inc-owned Warner Bros. are expected to meet on Monday to discuss whether to remove or edit the “Gangster Squad” shooting scene, or to change the September 7 release date for the film starring Sean Penn and Ryan Gosling, a person familiar with the discussions said.

Jul 22, 2012

Warner mulls changes to “Gangster Squad” movie after shooting

LOS ANGELES (Reuters) – The Warner Bros. studio is rethinking its plans for the film “Gangster Squad” in light of a scene featuring a movie-theater shooting, but beyond that Hollywood executives expect little fall-out from the mass killing at a Batman screening on Friday in Aurora, Colorado.

Officials at Time Warner Inc-owned Warner Bros. are expected to meet on Monday to discuss whether to remove or edit the “Gangster Squad” shooting scene, or to change the September 7 release date for the film starring Sean Penn and Ryan Gosling, a person familiar with the discussions said.

Jul 22, 2012

‘Dark Knight’ sales below forecasts after shooting

LOS ANGELES, July 22 (Reuters) – “The Dark Knight Rises”
recorded strong ticket sales in its opening weekend, but well
below forecasts given by many in Hollywood, as some moviegoers
appeared to have stayed away after a shooting rampage at a
midnight showing of the film on Friday.

The film grossed an estimated $162 million in showings
through Sunday in U.S. and Canadian movie theaters, according to
studio estimates from people with knowledge of the data. That
was lower than the $173 million that had been projected on
Saturday based on Friday receipts.