netflix was the first real challenge to cable tv. as much as netflix would say that we're a friend of the cable tv industry they really were. people are cutting their cable subscriptions especially in this economy. because they see that-- they are sowing alternatives that present themselves over their iphones, their droids, their different devices and now amazon is in the race as well with their kindl laptop. the lindel tablet. so you, this-- the kindle tap let. this definitely plays into it, there is a fierst battle, probably one of the biggest, richest battle, fortunes at stake right now on the future of how we consume our media going forward and who are going to be the people who control and get the most money out of that. is that going to be hollywood, the device maker, is it going to be the software makers? maybe it will be companies that have their fingers and toes in a lot of those spaces like apple and amazon. >> warner: so eric schumacher-rasmussen, is any company that is offering on-line streaming actually self-supporting?

joining me right now is arlene mayerson which is the lead attorney filed against netflix.thank you for being here? >> my pleasure. >> i want to talk about the lawsuit but first for people what streaming content is, can you explain that? >> not to be too technical, it's taking media and allowing it to be shown on the internet. in that process, the matter of delivery is called streaming. >> who are you represent can and why are you suing netflix? >> my organization is disability rights education and we are organization for disability civil rights. we are representing the national association of the deaf, the massachusetts association of the deaf and individuals in a case that we filed in massachusetts for equal access the watch instantly program. >> would that be movies or all sorts of content? >> watch instantly is a big breakthrough because netflix is so much of the leader just the other day in the news, it reported that six out of every ten movies that are streamed are streamed on netflix. >> so are not satisfied with the progress you are making. i want to read a statemen

netflix! shares tumble 5% as the company drops plans to split its business in a very public about- face. it's "nightly business report" for monday, october 10. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> susie: good evening everyone. a dramatic wall street rally on this columbus day holiday. stocks surged on word france and germany are committed to deliver a rescue plan for europe's debt crisis by november 3. tom, that's when the leaders of the top 20 global economies meet for a global summit. riding that optimism, the major averages were up 3% or more. big monday here. the dow soared 330 points, its biggest one day gain since august. the nasdaq jumped 86 and the s&p rose about 40. but volume was lighter due to the columbus day holiday and the fact that the bond market was closed. 887 million

and a bad day and a bad quarter for netflix. customers leave netflix in droves and the stock plunges almost 30% in after hours trading. it's "nightly business report" for monday, october 24. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. my colleague tom hudson is on assignment. help is on the way for struggling homeowners. the white house rolled out an expanded plan to help americans refinance underwater mortgages. it's doesn't need a stamp of approval or a vote from lawmakers in washington. president obama announced the new program in las vegas today, and he's betting it'll a be a big win for homeowners and the economy. sylvia hall has details. >> there are still millions of americans who have worked hard and acted responsibly, paying their mortgage payments on time. but now that their homes are worth less than

netflix is coming off as a flaky provider. here is what netflix needs to do to stabilize and stop losing customers. sign a big studio now. netflix definitely needs some decent and feature length movies. when they have no popular movies, marked them and make people aware. they could create lifetime membership options. they will need to get on creating their own original programming the can only watch through netflix. they are working on this. what do you think about this netflix mess? what do you think they should do? send me a tweet or e-mail. >>vicki: coming up we will seek why the homeless are scaring off tourists. >>vicki: here is stanley roberts who found some people behaving badly. >>stanley: you are looking at the marin general hospital employee smoking in a parking lot. why is this a problem? last month a smoke- free policy was put in place for the entire campus. there were signs everywhere. this is now a no-smoking zones but people are having a hard time adopting the new rules for ignoring them altogether. >>stanley: t

from the subscribers to netflix. >> and let me ask you how threat fl -- how netflix handled it? is it because of the fees or how they handled it? >> the way they handled it out of the clear blue sky and people are upset about things in general and very few things that you rely on, and you feel like cuddly and warm wit. that was the customer feeling toward netflix, one of the warm fuzzy things, and suddenly, it shows that it has teeth and not necessarily that friendly. and the response was, all of the warm fuzzy customers found out that i have teeth and not that friendly and this company is in trouble. >> well, they have been eating some serious crow about this, right? >> well, not only serious crow, but they have to be thinking of where do they go from here and get enough people to pay these huge enormous expenses that they have to pay in order to get this programming that they want and how are they going to convince people that it is still a very good deal when you look at the cost of cable compared to the cost of, this it is a good deal, but people are not warm and fuzzy about

what do you have this week. >> netflix. a few months ago it was all the rage but as one small change has caused big problems for them nationwide. >> getting dvds in the mail to many americans is just as common as that dreaded bill. but when netflix said they're raising fees, 800,000 angry customers said this was too much. >> nor was like really, really extreme to the point where it is just like wow, i am paying way too much just for like what i intended for. >> junior psychology major says he had to cut back to just online streaming after netflix went from $10 to $16 a month. instead of getting movies from netflix he now streams to the television and rent from a local grocery store. how could they lose 70% of the stock in just three months. >> in a statement, netflix does not comment on stock movement or analyst report. >> they got greedy. the bottom line is they got greedy. >> the company could have increased prices and still kept investors and customers happy. >> netflix should have incrementally raised their rates and th

netflix said it was dumping the quickster idea. netflix will be known as -- netflix. shares in the company jumped more than 4% right after the news. honestly, so did every other stock. pretty good day on the stock market. back to you. >> that's pretty good. >> it was funny. >>> still to come at 5:00, powering up on the plane. just how dangerous are cell phones in flight? we'll get answers. >>> i'm damian trujillo live at the apple store. who was the man responsible for this iconic sbool? you'll meet him next. >>> wouldn't be fall without, oh my goodness, this. a bay area tradition, right? and the weigh-in that nearly broke the scales. we came close to a world record today. >>> and of course not only pumpkins when it comes to fall, also plenty of wet weather. we have showers that have returned today. nearly .25 inches in the north bay and throughout santa rosa. showers continue here on our radar. ask me how i've never slept better. why not talk to one of the six million people who've switched to the most highly recommended bed in america. it's not a sealy, a simmons or

oops...netflix says it jumped the gun when it announced a rebranding plan. now.. thh company is hitting rewind. netflix abbndoning a plan announced just weeks ago to split its video services into separatt companies. c-e-o company's movies-by-mail service would be re-branded as qwikster. the video--treaming services woull have retained the name netflixx but today, the company says: never-mind. u-s customers will continue to use one website, with one account and one password. in a statement hastings noted that although netflix aims to grow quickly as a commany, past. howwver, ann this is a - big however, the company is stickinggwith price hikes announced during the summer. back in july, netflix said custooers who want to receive dvds in the mail and watch streaming video now have to pay two fees - ooalinn about 16-dollars a month. in the past.....the two services were offered under one monthly fee of about 10-dollars. that outrage, and many subscribers droppeddtheir membershhp. but investors see the latest move... as postive..... that rally. i'm carrieepeirce and th

now netflix will be called netflix, as it always was.aturday night live" made fun of all the confusion. >>> people have been asking me if they should order the iphone 4s. it's irrelevant right now because they've sold out for preorders. you can stand in line in the apple store in hopes of snagging one on friday. >>> and twitter users this morning post iing doings in the lives that were inspired by steve jobs under #livelikesteve. instead, what are you going to do? writer asking if jobs' death reminded us that in many cases we could have been courageous but settled. we could have said something but shut up. steve jobs wouldn't have done it. so look under twitter #livelikesteve. >> thank you, scott. >>> the story of steve jobs soon could be coming to a theater near you. sony pictures are apparently in talks to pay $1 million to the rights to the project. it would be based on the authorized biography of jobs by walter isaacson. that will not be released until october 24th. >> actually released that book a little bit earlier with jobs' passi

the announcement didn't do much the shares of netflix.shares lost more than half its value since july. >>> apple announced today it received more than a million preorder. the newest version of the popular smartphone hit store shelves this friday. the base model sells for $200 with a two year contract. >>> now easier for facebook user to navigate the ipad. users can take photo and most video on their facebook accounts with their ipad. the ipad apple has additional features. >>> the number of people saying they've been stung by yellow jackets is on the rise. the yellow jackets are a aggressive of variety. last week wasp swarmed children at vanecia middle school. >>> up in nevada, a 9-foot brown pelican. investigators have not figured out why or how that statue was stolen. >>> it's a second case of salmon sabotage in less than a week. the salmon institute was vandalized and thousands of fish were released. >> we found just the side had been cut and not the other side. >> reporter: all the salmon are gone it it started tuesday when someone re

. >>> netflix says never mind. the brand-new decision that the company has already decided to scrap. >>> from the cbs 5 weather center, monitoring the rain on this holiday. the effects it's having at sfo. look at that. and how this rain affects your morning commute as eyewitness news continues on cbs 5. ,, what's new. new research. chnology. new treatmen >>> when it comes to our health, we are always telling you what's new, new research, new technology, new treatments. but maybe the key to a healthier future is taking a fresh look at the past. dr. kim joins us with more. kim. >> reporter: liz, we're talking about prehistoric times when our ancestors were hunters and gatherers. despite all the amazing achievements of modern science and high technology, for good health we may want to take a step backward in time. >>> reporter: two years ago 37- year-old tara grant weighed 250 pounds and had a host of medical problems. >> i was depressed. i was miserable. >> reporter: but not for long. here's tara today. >> i have nev

get sun and warm weather, thursday is your day. >> i'll take the day off. >> i'll see threw. >>> netflixowing to -- pressure backing from a plan to split dvd and streaming services into two companies. this morning the company announced it will continue to run both services under the netflix name and website. the company will stand by its plan to charge customers individually for each, more than 600,000 customers have dropped netflix since the new pricing plan was announced in august. >>> coming up, we have a winner the annual half moon bay pumpkin contest. >> the giant prize that the grower of the biggest pumpkin this year will walk away with: . >>> today at 4:00 the occupy wall street demonstrators keep beginning mainstream support is that what the founders want? >> at 5:00, debate heating up now that governor brown has approved that bill allowing girls as young as 12 to get the hpv vaccine without parental consent. >>> local man has won this year's half moon bay pumpkin weigh-. >> he's of napa his -- pumpkin came in at 1704. >> this is video of earlier this morning. is more than 1800 p

. >> netflix ditches its plan to split into two separate services. . >>> republican presidential contend eric perry took aim at his rifle mitt romney this morning, launching a blistering new attack ad following a week of controversy over their religious beliefs. >> reporter: he's sinking in the polls and facing a critical debate test this week. now rick perry is taking aim at mitt romney. in a new ad the perry campaign slammed romney on health care, jobs and used the candidates own words against him. perry may be focusing on romney's record. over the weekend romney's mormon faith took center stage a a dallas pastor introduced perry like this. >> rick perry is a leader, a true conservative and he is a genuine follower of jesus christ. >> reporter: the comment was intentional. he later said he believes romney is not a christian. therefore, not an acceptable candidate. >> in my estimation mormonism is a cult and would give credence to a cult to have a mormon candidate. >> reporter: romney says he is a christian. four years ago he delivered a key speech about his faith. nearly half of republ

netflix' shares in just the past month have lost almost half of their value.n fact, they are down about $200 in the past three months. so they really need something to get going in the right direction. netflix shares right now as i look at my screen are up a little over 6% so that's a good move for the company. >>> a bit of an underwhelming response to the apple iphone announcement last week. most were looking for an iphone 5 featuring new hardware and instead we got the 4s so there was a question of whether or not subscribers and customers out there would be as excited. turns out they are. apple says it received a million free orders on the first day on friday. that was a new record for first day preorders for an iphone topping the 600,000 last year for the iphone 4. the 4s will start showing up in stores this friday. wall street coming off of a slight loss on friday. today it is looking to gain a lot back. market are pretty happy that there seems to be more cohesion in europe in tackling the debt crisis and protecting banks. the dow up by 208 points right no

yeah. >>> netflix is rewinding its plans. less than a month of announcing it would spin off its mail order rental service into a new company called quickster, netflix has now bent under the public outcry and will keep all of its services under the netflix brand. however, its controversial new pricing plan, that will remain. >>> the dodge caravan is coming to the end of the road. chrysler wants to give each of its lines a distinctive focus. so, it's going with one minivan, the town and country. it was introduced in 1984. one of the first minivans. sometimes called the mommy mobile. >>> now, there's an official facebook app for the ipad. for a year, users have been making use of third-party programs. there's no app tailored for android tablets. the ipad facebook app is free. >>> rosie o'donnell is back on tv with her own talk show. the show debuted last night on own, the oprah winfrey network. the cable channel has not been doing so well, though. averaging less than 250,000 viewers at night. reviews of the rosie show were mixed

. >>> customers complained and netflix -- allegedly dropped it. >>> customers complained and netflix heard. they won't make changes to the mail service and social media can do more than entertain. one retailer is using it to get you to spend more money we will explain ahead. you are watching "good morning maryland" on this tuesday, october 11th. a live look down south at atlanta georgia. i am a face unclogger.uncl. i am a nose coach. nose coa. i am a throat untickler.t u. i am a human cough suppressant.. and i am the sniffles worsrs nightmare.nightmare. i am a target pharmacist. ask me about cold and flu remedies.. >>> all right netflix is hitting the rewind button. weeks ago they announced they would rename the dvd by mail service quickster and netflix would focus on online streaming video. they decided to abandon the plan after customers loudly registered complaints. >>> wal-mart is using social media to draw customers for the holiday shopping season of the they will have facebook pagestailored for their locations and people can get information on new products events and discount o

. >>> the stock price for netflix will open trading today at just about $77 a share. that's after shareholders watched their stock lose more than one third of value yesterday. as we told you yesterday, netflix reports losing 800,000 subscribers during the 1st quarter when it raised prices. now the company needs to figure out how to repair the damage. >> it's like the titanic has hit the iceberg and the captain is going to say, okay, let's ignore this full steam ahead. you have to recognize you hit the iceberg and start patching the holes. >> the ads say netflix went from one of a kind dvd service to a streaming service. most of the customers that we talked with said they won't go back to netflix until its prices drop. >>> all of the harry potter filaments are about to pull a disappearing act. warner bros. plans to stop shipping any dvds to stars after december 29. the series has generated more than $500 billion in sales. the studio will release the final movie on november 11. downloads and video on demand sales won't be affected. >>> 4:54. i think they are trying to g

. >>> some good news for netflix customers this morning.scriber uproar is causing netflix to abandon a plan to separate the company into two. they now say they will not separate their dvd by mail and streaming video services into two separate companies. that means subscribers will still be able to use both services under one account and one password. netflix had planned to split off its dvd rental under a new website they were going to call qwikster. subscribers protested saying they saw netflix as a destination for movies in general. they also didn't want to manage two accounts. >>> first lady michelle obama is aiming for a world record today. she wants you to help her break the guinness world record for the most people doing jumping jacks in a 24-hour period. hundreds of schoolchildren will kick off the challenge on the white house lawn this afternoon. fi

>> i also want to ask you about netflix. we talked a lot about netflix in the last month or two. they have lost thousands of customers. >> they have made some big missteps. the hits keep coming. they lost 800,000 subscribers from july through september. that's after a huge pr headache. that's after netflix announced price hikes streaming into two separate accounts and then the spinoff and big apology. clearly it wasn't good enough. you know, netflix shares really taking a beating. shares down 35%. and get this, brooke, netflix expects to keep losing customers. it's a tough situation to be in for netflix, to try and gain back that situation again. >> alison kosik, thank you, as always. next on "reporter roulette," we still have a month to go before the hurricane season will pick up. chad myers is watching, it's spinning besides you, where is it right now? where is it headed? >> you can truly see the eye as well. it's headed to cozumel an cancun. there's a left possibility and a right possibility but it's going to be a major hurricane affecting those coastal towns, anywhere from pl

netflix has been up more than 8 and a half percent this morning.news that netflix is dumping the plan to split the dvd and online streaming services. ceo announced the change in a blog post less than two hours ago. it was just a few weeks ago when netflix said it would split on a new site. subscribers didn't like that move especially after netflix announced they were raising prices. >>> new this morning apple now says 1 million preorder requests for the iphone 4s have been made ahead of the phone's release on friday. those one million requests top the previous one day record of 600,000 that make the iphone 4s the best product launch ever for apple. customers can still preorder the phone online baseballu -- but won't ship for 1 to 2 weeks. >>> this morning two americans were awarded the 2011 nobel prize in economics. thomas is a professor at new york university and christopher simmsu, a professor at princeton university. he received his ba at uc berkeley in 1964. the prize committee says the winners were selected for their research on cause and effe

the dvd rental company netflix has dropped its plan to divide the business. the break-up plan would have created a new company called quickster to handle dvds by mail, separate from online streaming and speaking of dvds -- >> i want you to fire this at me. >> horrible bosses, green lantern and zoo keeper are all new on dvd today. that's your eye on entertainment. kendis gibson, cbs news, los angeles. >>> good morning and thank you for watching 9news now at 5:00 a.m. i'm andrea roane. >> i'm mike hydeck. it is tuesday, right? >> yes. >> good tuesday morning to you. here's monika. i gotta make sure sometimes. >> one day closer to friday. >> it is friday for him. >> howard bernstein. >> oh, we're jealous. good start to

. >> netflix took a beating on wall street. what some say they need to do now to survive. >> and red flag fire warning in effect in the effect few hours. what cities it could impact. on our $2, $4, $6, $8 value menu. only at denny's. . >>> developing news in oakland. looks like protesters are in the process of gathering in front of the main library. we can see from high above there are a lot of people in the street. the crews on location say they think it's about 300 people gathered here. we are talking about the area of 14th street and mad sob. the main library for oakland. if you are familiar the lake it's the west end of the lake. here on the ground, you can see there are a lot of people and some signs that saying take it back, tax wall street. this is happening several hours after police moved in to the main camp right in front of city hall and then a smaller camp set up near the lake. this is a new location. we haven't brought you pictures of protesters at the main library before. i have been reading online and seeing a bi

netflix hoped it would let them shift focus to streaming video online.s about that plan and netflix backed off and said customers can continue accessing the service using the same website and by using the same account. >>> halloween is not here but you notice holiday items creeping into some store displays. this year you may see signs for holiday lay away. the old fashioned in-store payment option lets you put something on hold and make payments until you bought the entire item. it's a way for stores to make it easier for you to get what you want even though money may be tight. but it's also an easy way for consumeers to lose money. for starters you have to pay a fee when you place the item on lay away. and if you miss a payment the store could put the item on the shelf. and you will probably be charged a cancellation fee if you choose to back out so the bottom line is, read the fine print and ask the right questions. >>> who's pro football jersey is the most popular here in baltimore probably ray lewis but nfl shops says eagles quarterback michael vick

just really compounding things over at netflix. speaking of earnings reports, we had an earnings report from ubs, one of the big swiss banks. this is the first earnings report for this business since we had that rogue trader scandal. they came out with a surprise $1 billion swiss franc profit, because it's because of loss of items. >> the front page of the "wall street journal" reads fresh worries of recession grip europe. thank you very much. >>> still ahead a big game five in the world series. the cardinals jump out to an early lead but some strange twists and a big miscommunication in the st. louis bullpen turns the series. highlights ahead in sports. >>> and jon huntsman dropped some mandarin while talking last night to steven colbert. will that get him above 2% in the polls? that and a check of weather when "way too early" comes back. >>> last night mr. reagan called congressional leaders to the white house to say he approved the action. this morning the president told the world, explaining why he ordered troops to grenada. >>

. >>> never mind, netflix is backing out of a highly publicized new deal, what is happening now? >>> if you are off of work for columbus day rs you probably should head out and enjoy this weather. tim williams and bernadette woods are updating our forecast. ,,,,,,,,,,,,,,,,,, >>> emergency action in egypt after a night of deadly riots. this was the scene in cairo as thousands of egyptian christians crashed with police. many took to the streets to protest a recent attack on a church. the cabinet will hold a emergency meeting today. >>> top members of the justice department will have to answer tough questions about controversial gun trafficking operation. later this week, republican congressman says he will subpoena attorney general eric holder regarding operation fast and curious. we uncovered the program which let guns go in to mexico with the hopes of tracking drug cartel members. investigators lost track of the weapons and some used in the murder of an american bored agent. >>> good news for apple and its investors. the new iphone 4s is already a big success. apple says first t

this time it is not netflix. we'll tell you who will be charging you more if you want to enjoy a movie at home. >>> we started out close to freezing today around 33. made it up to 54. temperatures well below average. when will we get back to the 60s? that's in the seven-day forecast and the halloween forecast. stick around. that's coming up. >>> the additive to hot dogs may be linked to colon cancer. the f.d.a. said they put vitamins in hot dogs mean to offset hydrates to make them taste better and last longer. the amount is down but the american association for cancer research said they are not sure the changes reduce risk of colon cancer. the deaths are down but the incident rate hasn't changed much. >>> ghouls and goblins aren't the scariest part of trick-or- treat treating this halloween it is children allergic to candy. 8% of children have one food allergy. parents need to be vigilant about looking at the candies, even if they are bite-size, because a lot of times packages do inspect have the information you

netflix put out an apology, but it wasn't good enough the first time in years netflix lost customersere's the kicker. netflix expects to keep losing customers. shares are falling, shares in the premarket down 35%. that's despite earnings that beat estimates. here's some stock, but here's some numbers for you if you're a shareholder, kyra. >> netflix shares hit $300s earlier this year, expected to trade around $77 today. ouch. >> what do you think, will the drop in netflix impact the broader market? >> you may see it in the nasdaq a little bit. overall market, a slightly lower open but overall the losses for netflix for nasdaq look to be limited because of decent earnings. bp, ubs, their shares are up on stronger than expected earnings. but we did get earnings from 3m, shares of 3m are expected to tumble. also, we have a new report showing home prices are improving a little bit. so, with all of that kind of mixed bag of news, expect stocks to open just slightly lower. kyra? >> alison, thanks. >>> rick perry's flat tax plan doesn't have a catchy name like 9 -9-9 but is it enough to get

. >>> netflix customers will soon be able to find your abc and disney shows on netflix and amazon.com. they unveiled deals. amazon and netflix said their customers can stream shows such as "grey's anatomy." >>> starting tomorrow, it's going to cost you more to get through the tolls. the statewide hike takes effect at mid-fight at the fort mchenry tunnel. if you want to cross the bay bridge, it will be $4. officials said the toll hikes are necessary. >>> well, the knocks and deaning -- ding dongs have started. we will make sure everyone has a save night. >>> and sherrie johnson will show us bates middle school. >> and we have just had our 7 billionth baby born on the planet. we'll tell you where, when. i think you know how. >>> it is halloween and your costume characters have been going off the wall since they got home from school and they are ready to charge out of the gates to get their bags filled. we all have to remember safety first. we're live in your neighborhood with kelly swoope making sure everyone is seen. kelly? >> reporter: they want to come out but they're waiting for the

people hated that move and dropped their netflix plans. i it seems the people have spoken and netflix is but we are back with more in a couple of minutes. here is a live look from a roof on a bad avenue. it is a great start today this morning. it will be right back. bibig! big. big, big. big big big big? big big big big big. big big...big. ♪ big big big -big. -big! [ cheers and applause ] ♪ big big big -big big. -big! -big -big! -♪ big -big. -big big big. big big big. big big big. small. big big big big. small! [ male announcer ] the space-saving, eco-friendly, totally unique smart. unbig. uncar. ♪ >>darya: in san francisco, the gas is $3.81. that is just regular. otherwise across the country, gas prices have come down. >>darya: two people were shot in the 800 block of south third street on saturday. the woman died last night of her injuries. six will a.m., we are back with more in just a couple minutes. >> the time right now is 4:00 p.m., here is a look at the bay bridge approach. patchy fog and cloud cover. after that, we start to bring