S&P 500
7,552.20
-0.48%
Dow Jones
52,569.00
-0.36%
Nasdaq 100
29,507.40
-1.27%
Russell 2000
2,962.51
-0.67%
FTSE 100
10,502.60
-0.39%
Nikkei 225
67,824.70
-2.15%

Investing

Netflix Stock Up On UK And Ireland Launch

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Netflix (NASDAQ: NFLX) shares rose on news that it would launch in the UK and Ireland. The US based company has been dogged by fears that a customer revolt again higher prices for service and increases in the sums paid to content providers will ruin the firm’s business

It announced that

Leading Global Internet Film And TV Subscription Service Arrives In The UK And Ireland For 5.99 Pounds Sterling Per Month, People Can Now Instantly Watch Unlimited Films And TV Programmes Streamed Over The Internet From Netflix To Smart TVs, Game Consoles, Blu-ray Players, Laptops, Tablets And Mobile Phones Free, One-Month Trial Available To All

Several media have pointed out that Netflix will have to compete with market leader Lovefilm which is owned by Amazon.com (NASDAQ: AMZN)

Contact [email protected] for any questions or corrections.

Disclaimer: Energy Exploration Technologies, Inc. ("EnergyX") has engaged 24/7 Wall St to publish this communication in connection with EnergyX's ongoing Regulation A offering. 24/7 Wall St has been paid in cash and may receive additional compensation. 24/7 Wall St and/or its affiliates do not currently hold securities of EnergyX.

This compensation and any current or future ownership interest could create a conflict of interest. Please consider this disclosure alongside EnergyX's offering materials. EnergyX's Regulation A offering has been qualified by the SEC. Offers and sales may be made only by means of the qualified offering circular. Before investing, carefully review the offering circular, including the risk factors. The offering circular is available at invest.energyx.com/.

Comparisons to other companies are for informational purposes only and should not imply similar results. Past performance is not indicative of future results. Market shortfall are forward‑looking estimates and are subject to substantial uncertainty. Investments in private placements, and start-up investments in particular, are long-term, illiquid, speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest in start-ups

Follow 24/7 Wall St. on Google
Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Douglas A. McIntyre |

Netflix: A Surrender On DVD Model, A Tough Bet On The Internet

Netflix (NASDAQ: NFLX) will not admit publicly that its DVD-via-mail business is dying. But, its announcement today that it will…

Douglas A. McIntyre |

YouTube–The Next Netflix

Many reports about the consumption of streaming media delivered by the Internet were released recently. Nielsen data showed a sharp…

Disney+ Locks in on Netflix With Pact for Millions of Verizon Customers
Jon C. Ogg |

Disney+ Locks in on Netflix With Pact for Millions of Verizon Customers

The streaming wars are about to heat up even that much more as each service targets carriers and partners to…

Douglas A. McIntyre |

Why Does Netflix Have an 800 Number?

For some reason, Netflix has an 800 number, or to be precise an 866 toll-free one. Perhaps it is for…

Douglas A. McIntyre |

Netflix Gets Ruined On Weak Earnings, Shares Plunge 14%

Wikimedia Creative Commons, JohnnyMrNinjaShares of Netflix (NASDAQ: NFLX) fell 14% after hours on top of a drop of a drop…

Douglas A. McIntyre |

The Five Businesses That Killed The DVD

The DVD industry rose to a breathtaking level nearly as fast as any entertainment medium in history. The basic technology…

Best Stock to Buy Now: Disney versus Netflix
Lee Jackson |

Best Stock to Buy Now: Disney versus Netflix

The market rally that has driven all of the major indices has been a massive boon for investors, and the…

Paul Ausick |

Netflix Gets Big Competition for UK, Irish Viewers (NFLX, AMZN, VMED)

The UK market for streaming video is about to get more crowded. Earlier this month, Netflix Inc. (NASDAQ: NFLX) announced…

6 Most Important Things in Business Today
Douglas A. McIntyre |

6 Most Important Things in Business Today

Apple names new chief of its music business, global political problems press oil to a three-year high, Netflix pulls out…

Top Gaining Stocks

Intuit
INTU • Vol: 1,625,610
Salesforce
CRM • Vol: 4,451,469
EPAM Systems
EPAM • Vol: 397,435
Workday
WDAY • Vol: 735,152
Trade Desk
TTD • Vol: 5,225,297

Top Losing Stocks

Coterra Energy
CTRA • Vol: 73,319,495
Lam Research
LRCX • Vol: 2,554,318
Western Digital
WDC • Vol: 1,922,181
Intel
INTC • Vol: 35,060,459
TransDigm Group
TDG • Vol: 193,047