Thursday, January 27, 2011

Netflix passes 20 million subscribers; focuses on ISP disputes, HBO, Facebook in Q4 results

Netflix just released its financial results for the fourth quarter of 2010 and of no surprise to anyone who was paying attention last year it did quite well by passing 20 million subscribers, more than double its base at the start of 2009. However, per Biggie's Law mo money = mo problems, and it took the opportunity to respond, surprisingly sharply, to potential threats from its Hollywood content providers and the ISPs its Watch Instantly service streams over. News of note going into 2011? A huge focus on personalization including new integration with Facebook and a mention that Apple TV has already surpassed the iPad in viewing hours. It also showed off the one-click Netflix button on an unspecified (looks like Toshiba to us) remote and compared the "consternation" over its success to the rise of Fox as a broadcast network two decades ago. We'll hop on the earnings call in a few minutes for more details, check after the break for more of the details.

Continue reading Netflix passes 20 million subscribers; focuses on ISP disputes, HBO, Facebook in Q4 results

Netflix passes 20 million subscribers; focuses on ISP disputes, HBO, Facebook in Q4 results originally appeared on Engadget on Wed, 26 Jan 2011 17:55:00 EDT. Please see our terms for use of feeds.

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