Netflix announced this morning that users can no longer add DVDs to their mailing queue from devices they use to stream Netflix films.
The company offered a lame but honest explanation. “Providing the option to add a DVD to your Queue from a streaming device complicates the instant watching experience and ties up resources Read More
The new rules adopted by the FCC today are supposed to protect what has become the central tenet of the web, network neutrality. It’s a compromise, said FCC Chairman Julius Genachowski, designed to encourage companies to invest in broadband infrastructure, while preventing them from favoring one website or service over another.
But the Read More
Over the last year Netflix has emerged as the dominant force in the world of streaming video, accounting for 20% of all the internet data consumed in the U.S. during primetime.
But Time Warner CEO Jeff Bewkes isn’t worried about Netflix’s growing presence in the media landscape.
“It’s a little bit like, is Read More
The symbolism here is a little too perfect.
Standard and Poor’s announced yesterday that they were adding Netflix to the S&P 500, an index of large-cap stocks.
At the same time, they announced the New York Times Co. was being dropped down to the S&P 400, where middle sized stocks go.
Netflix has Read More
Netflix is increasingly emerging as the biggest and best player in the web TV / streaming video space. In other words, a major threat to the old school cable and pay TV industry.
On the heels of introducing a new streaming only service for $7.99, Netflix this morning announced a new distribution deal Read More
Future of the Screen
During the prime time hours of 8-10pm, Netflix accounts for 20 percent of all non-mobile internet traffic.
More interesting, that incredibly heavy usage is generated by just 1.8 percent of Netflix’s 16.9 million total subscribers.
In other words, the 300,000 people streaming video through their Netflix accounts on a given weeknight account for Read More
According to Reuters Hulu is hoping to raise $200-300 million in an IPO led by Morgan Stanley that would value the company at $2 billion.
Hulu is backed by GE (NBC), Disney (ABC) and News Corp. (Fox), so it’s future will have a big impact on New York’s media market.
The company claims Read More
In what looks to be a bid to take on rivals such as Netflix, Amazon has approached Time Warner Inc, CBS Corp and Viacom Inc to suggest a new subscription service. The service would allow access to some television and movies, a la Hulu. Reuters reports:
[An] Amazon subscription service would likely be similar to Read More
Blockbuster Inc. has finally succumbed to the Netflix/Redbox curse–according to the Los Angeles Times, the one-time titan of the movie rental industry is set to file bankruptcy in September. Citing insiders who have been “briefed on the matter,” the LAT reports that Blockbuster execs and major debt holders met with movie studios Read More
A New York Times map of popular Netflix titles by zip code provides reassuring confirmation of neighborhood stereotypes–or, as The Times puts it, “distinct patterns.” Read More