Oppenheimer Cuts Price Target on Netflix (NFLX) to $114; Reiterates Outperform

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The Jim Henson Company Partners with Narrativia to Develop "WEE FREE MEN" as Feature Film

July 19, 2016 9:25 AM EDT

HOLLYWOOD, Calif., July 19, 2016 /PRNewswire/ -- The Jim Henson Company announced today the development of a feature film based on the great literary legacy of the late Sir Terry Pratchett's "THE WEE FREE MEN," part of the wildly popular Discworld series.

The long-awaited film adaption will be written by his daughter Rhianna Pratchett, an award-winning scriptwriter for videogames, comics, film and TV. Her work includes the... More

Netflix Releases Second-Quarter 2016 Financial Results

July 18, 2016 4:01 PM EDT

LOS GATOS, Calif., July 18, 2016 /PRNewswire/ -- Netflix, Inc. (NASDAQ: NFLX) has released its second-quarter 2016 financial results by posting them to its website.  Please visit the Netflix investor relations website at... More

Netflix To Beam New CBS "Star Trek" Television Series In 188 Countries Around The World

July 18, 2016 9:02 AM EDT

LOS ANGELES and AMSTERDAM, July 18, 2016 /PRNewswire/ -- Netflix and CBS Studios International today announced a landmark international licensing agreement for the new "Star Trek" television series. Netflix will be the exclusive premiere home of "Star Trek" in 188 countries (excluding the US and Canada).  Each episode of the new series will be available globally within 24 hours of its U.S. premiere. 

Additionally, all 727 existing episodes of the iconic "Star Trek" television library including "Star Trek: The Original Series," "Star Trek: The Next Generation," "Star... More

Broadcast Catch-up Stimulates German OTT Market - a New Report from Rethink Technology Research

July 18, 2016 8:30 AM EDT

Experts in Wireless, Video and the Internet of Things

LONDON--(BUSINESS WIRE)-- This Report and Forecast shows Germany as a hotbed of OTT competition, drawing from the strength of broadcast catch-up, itself driven by the early introduction of HbbTV in Germany from 2009. This has stimulated greater uptake in TV Everywhere and in pure play paid OTT services.

The result is a thriving community of OTT services, unlike anything else in Europe, rife with competition and innovation.

Rethink has built a database of the top 250 global pay TV operators and their OTT video efforts,... More

Media Partners Asia: Asia Pacific Pay-TV Industry Faces Slowing Growth

July 15, 2016 12:06 AM EDT

HONG KONG & SINGAPORE--(BUSINESS WIRE)-- The Asia-Pacific pay-TV industry will grow at a 5.8% average annual rate from 2016 to 2021, according to a new report, Asia Pacific Pay-TV & Broadband Markets, published by leading industry analysts... More