NETFLIX SHARES RISE ON GOOD NEWS, FALL AGAIN ON BAD
January 5, 2012 by admin · Leave a Comment
People are watching a lot more movies and TV shows on Netflix’s streaming service than most analysts had suspected. The online movie-rental service, which has not figured in many positive stories of late, said Wednesday that its streaming-service subscribers watched more than 2 billion hours of content in the last quarter of 2011. BTIG Research [...]
COMING TO A PHONE NEAR YOU: THE SUPER BOWL
December 21, 2011 by admin · Leave a Comment
It’s hard to imagine who would want to watch the Super Bowl on a computer screen, let alone a mobile phone, but NBC announced on Tuesday that it plans to stream not only Super Bowl XLVI live on Feb. 5 from Indianapolis, but also two wild-card playoff games on Jan. 7 and the Pro Bowl [...]
NETFLIX RELEASES NEW, IMPROVED IPAD APP
December 15, 2011 by admin · Leave a Comment
Hoping to win back some of the 800.000 Netflix subscribers who fled after the company upped its prices for those wanting to rent movies via the mail and via online streaming, the online video renter on Wednesday unveiled a fully overhauled app for the iPad, which has received positive reviews from consumer technology sites. “The [...]
DISH MAY LAUNCH NETFLIX-LIKE STREAMING SERVICE
Taking to heart the old adage, If you can’t beat ‘em, join ‘em, the DISH satellite company is planning to launch an online video streaming service to rival Netflix’s, CEO Joseph Clayton has told Bloomberg News. The service would presumably be an extension of the one Blockbuster already offers. (DISH acquired Blockbuster in a bankruptcy [...]
NETFLIX’S HASTINGS AGREES WITH CRITICS
December 7, 2011 by admin · Leave a Comment
Netflix chief Reed Hastings has echoed some of the criticism directed against him by financial experts and investors. Appearing at a media conference in New York on Tuesday, Hastings agreed that he had “got overconfident” and moved too fast in his effort to convert his DVD-renting customers into online streaming ones. “Our big obsession for [...]
NETFLIX SHARES FALL TO NEW LOW
November 22, 2011 by admin · Leave a Comment
Already battered Netflix was pounded to the mat again this morning by investors who questioned the company’s strategy of pouring hundreds of millions of dollars into its streaming service without a clear indicator of how such a strategy will pay off. Netflix shares closed at $70.45 Tuesday, significantly under its 52-week low and at a [...]
NEW SERVICE ALLOWS USERS TO CAPTURE STREAMED MOVIES
November 7, 2011 by admin · Leave a Comment
Movie studios, struggling to stay one step ahead of technology in order to keep their home-video units from being crushed, now have a new worry — an online service that allows viewers to use their computers as a DVR — to record streaming video onto their hardware to play back later. Thus, movies streamed on, [...]
CBS ADROITLY ROWS CW DOWN THE STREAM
November 4, 2011 by admin · Leave a Comment
Thanks to recent streaming deals, The CW network may finally become profitable for its two owners, Time Warner and CBS. In a conference call with analysts on Thursday to discuss the company’s latest quarterly results, CBS chief Les Moonves said that streaming deals with companies like Netflix and Hulu represent an entirely new source of [...]
PLANS TO BRING CANCELED SOAPS TO THE WEB HIT A SNAG
November 4, 2011 by admin · 5 Comments
Plans to bring the canceled ABC soap operas All My Children and One Life to Live to the Internet remain in limbo as the producers struggle to find enough financial backers who believe that such a scheme can produce a profit, according to Peter Kafka, the All Things D online columnist for the Wall Street [...]
DISNEY/ABC IN STREAMING DEALS WITH NETFLIX, AMAZON
October 31, 2011 by admin · Leave a Comment
Not playing favorites, Disney/ABC Television Group, has renewed and expanded its streaming deals with Netflix and Amazon. They will allow the two online rivals to offer hundreds of Disney-produced TV shows from ABC-TV, ABC Family and the Disney Channel, raging from Desperate Housewives to Hannah Montana. “We are thrilled to broaden the scope and extend [...]
