Despite peer-to-peer piracy and other overblown threats of competition, the movie industry has seen record box office ticket sales from 2007 to 2009 -- and 2010 is expected to be even better yet.
Netflix contest winner confirmed.
Netflix has experienced a tumultuous year of price hikes, stock drops and one million customers waving goodbye, but the company remains the top instant video streaming service for a reason. According to Corporate Communications VP Steve Swasey, it's all about the advertising.
Following unpopular user interface tweaks and price hikes, some outspoken critics may have angrily quipped that Netflix is run by a bunch of monkeys. Turns out they're half right.
Select moviegoers could soon have an additional stop to make before finding seats in crowded auditoriums. After standing in line for concessions and hitting the restroom (not necessarily in that order), they'll also have the option to feed money to a 3D glasses vending machine. But with 3D ticket sales all over the place this summer, will customers bite?
Blockbuster CEO Jim Keyes recently spoke with FastCompany about the company's current issues, strong points, and long-term business goals. Also in the interview, Keyes describes why he admires Netflix but still think the economy is a culprit in the company's struggles.
The OPEN Act, introduced by Rep. Darrell Issa and supported by Rep. Ron Wyden, received support from the same Internet businesses that spoke out against previous anti-piracy legislation. MPAA Executive Vice President Michael O' Leary, however, wasn't satisfied. The trade group boss last month called the bill's proposal to place the burden for shutting down foreign rogue sites on the International Trade Commission a big mistake. This week, O'Leary once again slammed the OPEN Act, saying it "falls significantly short" of meaningful anti-piracy legislation.
Movies and video games seem like such an appealing combination, yet video game studios and Hollywood movie makers have been unable to turn popular movies into hit video games.
Amazon continues to build its roster of instant streaming content available to paying Prime customers. A new agreement with PBS puts the company over the 12,000 TV show and movie mark. The service launched in February.
Electronics retailer Best Buy plans to offer 99-cent digital movie rentals through CinemaNow, as the company looks to pack into the increasingly crowded home entertainment market.
Last fall, Netflix CEO Reed Hastings had a plan: to spin off the company's successful by-mail DVD rental business into a new outfit called Qwikster. Basically, it was Netflix with a new (and silly) name. Prices would remain the same, and all subscribers had to do was bookmark a new site. As it turned out, it wasn't a very good plan. Hastings pulled a 180 mere weeks after announcing it, killing the split and keeping Netflix, well, Netflix.
Have you promptly canceled a pre-existing pay TV package in the last year because of your Netflix subscription? If so, you're not alone. A report published by analyst firm The Diffusion Group this week found that the amount of Netflix subscribers likely to cut back on cable TV costs as a direct result of using the streaming VOD service has doubled from 2010 to 2011 - rising from 16% to 32%. Is this just a temporary setback for networks, or a sign of things to come? The TDG is leaning toward the latter.
CDFreaks speaks with Forrester Research regarding 3D technology.
The controversial PROTECT IP bill languished on Capitol Hill, but a new proposal could take up its cause. HR 3261, or the Stop Online Piracy Act, will "promote prosperity, creativity, entrepreneurship, and innovation by combating the theft of U.S. property" and allow the U.S. Attorney General to go after foreign sites engaging in copyright infringement.
Warner Bros., Universal Pictures and Sony could soon score a powerful new ally for their nascent digital distribution platform UltraViolet. According to insider talk, Wal-Mart will pledge support to the electronic sell-through and disc-to-digital service next week.
Hulu, regarded as Netflix's chief competitor in the online video streaming arena, could end up under the wing of a new owner soon.

RECENT NEWS