Netflix announced some huge numbers for its third-quarter financials, but the global streaming giant has decided not to launch its service in China, potentially the world’s biggest market, anytime soon.
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The new cable bundle is here, and it consists of streaming services picked by consumers. According to new data from research firm GfK, 16 percent of domestic viewers subscribe to multiple streaming services—a six percent increase from just a few years ago.
It’s that time once again, Insiders: Redbox’s Days of Deals promotion has returned. Through October 16, you can get a surprise deal from Redbox each day by texting DEALS to 727272. Details are after the jump. Read the rest of this entry »
Rumors are flying around Wall Street that a couple of enormous companies—Apple and Disney—are mulling a purchase of Netflix. The initial report comes from R.W. Baird financial analyst William Power who said that Netflix’s name keeps coming up in merger and acquisition chats, and that “whether Disney, Apple or someone else, Netflix could become a target.”
Remember 2005? Netflix was a small DVD-by-mail company, Blockbuster was the behemoth of the movie rental world, and cable was still the go-to home entertainment solution for most Americans. For pay-TV providers, it feels like we’ve gone back in time eleven years.
Outerwall, Redbox’s parent company, has successfully closed its sale to an investment group and gone private. Outerwall’s new owner, Apollo Global Management, has announced that the company is being split into three separate businesses, with a new boss taking the helm at Redbox, by far the largest of the three.
Tell us how you really feel, Netflix. The streaming giant has registered a complaint with the FCC regarding internet service providers like Comcast who would like to impose data usage caps on their customers.