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Netflix working with cable companies as on-demand alternative?
- According to multiple sources at Reuters, Netflix may be considering a deal with cable network companies. Few details are known about the proposal, but one source claims the plan may be to bundle Netflix as an on-demand option for cable…
Google, Microsoft and Netflix push for HTML5 media encryption
- Close to 80% of all videos on the web are already encoded in H.264, according data from MeFeedia, which means they can be delivered within HTML5's "video" tag without having to resort to proprietary plugins like Flash or Silverlight. But…
Redbox and Verizon join forces to take on Netflix
- Coinstar’s Redbox and Verizon Wireless have ended months of speculation that suggested the two would join forces to compete with Netflix. The duo put out a press release announcing the joint venture that combines new release DVDs and Blu-ray discs…
Hulu has 1.5m subscribers, commits $500 million to 2012 content
- Hulu has closed another fruitful year, expanding 60% from 2010 to approximately $420 million in revenue, according to CEO Jason Kilar. Despite a "soft advertising market" in the second half of 2011, the site's ad business grew aggressively. The company…
Analyst suggests Yahoo could buy Netflix
- Just one day after Yahoo officially announced PayPal President Scott Thompson as their new CEO, speculation is running rampant that one of his first moves at helm could be to purchase Netflix. This speculation is based on a number of…
Netflix CEO gets $1.5 million pay cut, stocks remain low
- Netflix CEO, Reed Hastings, got a lump of coal this Christmas as the company's board chose to halve his stock options. Hastings has been at the helm while mismanagement of the company is widely attributed to the exodus of both…
Weekend Open Forum: Biggest tech failures of 2011
- There are always valuable lessons to be learned from failures -- and boy has 2011 been a pedagogic year for some tech companies. Sony, for example, has no doubt learned about the importance of securing its network infrastructure, especially when…
Verizon eyeing a potential Netflix buyout
- Verizon Wireless has emerged as a potential suitor to take over ailing video streaming service Netflix. Shares in Netflix surged roughly $6 as news of the possible buyout reached investors during trading on Monday.
Comcast denies tiered plans, streaming to trump cable by 2016
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As we reported about a week ago, ISPs seem poised to transition from an "unlimited" model to usage-based billing. Comcast claims it will not be one of them, although the company does impose a 250GB monthly cap. According to Comcast's Chief Financial Officer...
Kindle Fire early adopters to have access to thousands of apps
- Amazon has announced that their upcoming Kindle Fire tablet will launch with several thousand apps available for download in addition to Amazon’s own feature programs. All apps are Amazon-tested on Kindle Fire and will be available exclusively though the Amazon…
Redbox raising DVD rental fees by 20 percent
- Daily DVD rentals from Redbox will soon cost users 20 percent more per day. Starting Monday, the price for a single day DVD rental will be increased to $1.20, up from the even dollar that they have been at for…
Netflix represents 32.7% of North America's peak Web traffic
- Despite losing 800,000 members, Netflix still accounts for a whopping 32.7% of all North American peak fixed access downstream traffic, according to Sandvine's fall 2011 Global Internet Phenomena Report. That's up nearly 10% since spring 2011 and almost double the…
Netflix subscriber loss worse than expected, shares plunge
- Video rental service Netflix has posted worse than expected customer losses in Q3 2011 and predicted more cancellations over the recent price hike. Shares in the company plunged 27% after the announcement.
Netflix inks licensing deal with CW Network for programming rights
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Netflix has announced that they have come to an agreement with Warner Bros. and CBS on a multi-year licensing deal to stream CW Network programming. Netflix will gain access to more than 700 hours of programming from the CW...
Netflix calls off Qwikster plans, DVDs staying at Netflix.com
- Less than a month since making the official announcement, Netflix is calling off plans to divide its streaming and DVD-by-mail services into two separate entities, its co-founder and CEO Reed Hastings revealed today in an emailed statement.
Cable operators considering "a la carte" channel service
- Cable operators are said to be mulling over the idea of offering channels “a la carte” in an effort to combat increasing popularity from online video streaming providers and regain lost subscribers. Such a move would represent a massive shift…
Dish Network to unveil streaming video service Friday
- Dish Network has invited media to an event called “A Stream Come True” in San Francisco on Friday where the company is expected to announce pricing and other details for a streaming video service. The new service will use technology…
Netflix splits business in two, DVD-by-mail renamed Qwikster
- Netflix is moving to formally separate its DVD-by-mail rental service from its video streaming business, as announced back in July. The former will now be called Qwikster and should be accessible through a separate website, while the streaming business will…
Netflix expects to lose a million subscribers over price increase
- Netflix has adjusted its third quarter forecast today, lowering its subscriber outlook by about one million. In July, the company thought it would close the period with 25 million subscribers, including 22 million customers accessing Netflix's streaming platform and 15…
Netflix begins Latin America rollout in Brazil
- Netflix has officially begun rolling out its service in Latin America. The company's streaming service went live in Brazil today, where users can now sign up for a paid subscription costing the equivalent of about $9 a month and get…
Netflix loses Starz contract, content to be pulled February 28
- In a blow to Netflix's catalog, Starz has announced that its content will be yanked from the streaming platform early next year. In a single-paragraph press release, the Liberty-owned media firm explained that the companies failed to reach contract renewal…
200,000 people stopped paying for TV last quarter, but why?
- Nearly 200,000 people ditched paid television in the second quarter of this year, many in favor of streaming options like Netflix and Hulu. It’s not unusual for cable providers to lose subscribers, but most of the time those losses are…
Netflix passes 1 million subscribers in Canada
- Netflix has announced it recently passed 1 million members in Canada. The streaming giant says it surpassed its own expectations for growth, achieving the milestone in just 10 months.
Nielsen survey reveals habits of Netflix and Hulu customers
- Despite the growing number of smartphones and tablets that are capable of streaming online video content, the majority of Netflix and Hulu users still stream to a TV screen or a computer. A new Nielsen survey that polled 12,000 streaming…
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