Welcome to the cable news roundup, T.G.I.F. edition.
Netflix Inc. (Nasdaq: NFLX) is integrating its streaming service with Facebook in 44 countries, but not yet in the U.S. due to an 1988 video rental privacy law that prohibits the automatic disclosure of video sales or rental records. However, Netflix said legislation recently introduced by Congress eventually could give U.S. Netflix subs the choice to share that info with Facebook members.
Netflix has no immediate plans to toy with its subscription streaming service by renting newer movie titles as one-offs, but CFO David Wells said it's an option the company might consider if it kept customers from getting that content from other sources. Netflix obviously has bigger issues to contend with right now, but such a move would put the company in more direct competition with Amazon.com Inc. (Nasdaq: AMZN), Apple Inc. (Nasdaq: AAPL) iTunes and pay-TV VoD services. (See Netflix Does the Splits .)