Netflix Inc (NASDAQ:NFLX) Woeing Customers With Waoo!

Posted by Kristi Scott November 1, 2013 0 Comment 1384 views


Netflix, Inc (NASDAQ:NFLX) has added Waoo!, the Denmark channel, to the Pay TV partners that offer the largest video-subscription streaming services via set-top boxes. In a statement, the companies said that the Pay TV customers of the Denmark service will be able to access Netflix via video service they currently use. Waoo! Is a fiber-optic network operator that currently has approximately 270,000 customers.

The other deals

The Los Gatos, California-based Netflix, Inc (NASDAQ:NFLX) has already signed up Sweden’s Com Hem and the Virgin Media, the cable TV operator to offer subscribers television and films’ access on their existing Pay TV services. Last month, David Wells, the company’s Chief Financial officer said that they also want to sign-up cable operators in the United States.

Netflix, Inc (NASDAQ:NFLX) rose by 1.36% in Thursday’s trading with an opening price of $318.11, that trended up to an intraday high of $326.65 and closed at $322.48.

About the company

Netflix, Inc (NASDAQ:NFLX) is a web-based subscription service. The company streams movies and television shows. Netflix, Inc (NASDAQ:NFLX)’s subscribers are able to watch unlimited TV shows & movies that are streamed over the Internet to their computers, televisions and mobile devices. In the United States, the subscribers are also able to receive digital versatile discs, delivered to their homes. It operates in 3 distinct business segments: 1- Domestic streaming, 2- International streaming and 3- Domestic DVD.

Netflix, Inc (NASDAQ:NFLX) obtains diverse content from numerous studios & other content providers via fixed-fee licenses, revenue-sharing agreements & direct purchases. Netflix, Inc (NASDAQ:NFLX) markets its service via various channels, such as online advertising and broad-based media like television and radio and various other partnerships. When it comes to marketing the service, Netflix, Inc (NASDAQ:NFLX) offers different free-trial memberships to the new as well as to specific rejoining members.



About Kristi Scott

Kristi Scott joined GDP Insider in 2005 as a Wall Street reporter for the Business and Market section. Kristi covers the stock market, financial markets and personal finance. Her awards have come from the National Federation of Professional Writers, the Ohio Newspaper Association, the Cleveland Press Club, the Society of Professional Journalists and Suburban Newspapers of America. Kristi was named SNA's national Journalist of the Year

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