Despite their recent direct access deal, Netflix and Comcast aren’t exactly on each others’ happy list. Netflix CEO Reed Hastings took the opportunity in his company’s recent first quarter letter to shareholders to lash out against Comcast’s attempted merger with Time Warner Cable, which is currently being reviewed by regulators.
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Netflix released its first quarter numbers today, which should get fans of the entertainment company pretty excited. Netflix added four million subscribers this quarter, and also surpassed $1 billion in revenue for the first time.
Earnings per share increased t0 $0.86, and Netflix now stands at 46 million subscribers, with more than 34 million in the U.S. Read the rest of this entry »
The evidence continues to pile up that consumers are becoming less and less enamored with cable and turning increasingly to online solutions. Consumer research firm Experian recently conducted a survey that found households with a Netflix or Hulu subscription were almost three times less likely than the average household to pay for a cable subscription.
In our never-ending quest to keep you informed and up-to-date on movie and home entertainment happenings, Inside Redbox regularly takes a look at major films coming out in the near(ish) future that are already generating buzz and anticipation. This time around, we’re spotlighting Third Person.
In the midst of all the fun industry news, movie previews, and other content we offer you, we also occasionally need to bring you important warnings. There’s currently a major Netflix scam out there that you should be aware of.
Complain as it may about having to pay Comcast for direct access to its high speed internet service, Netflix can’t deny that its customers are getting a better streaming experience out of the deal.
Netflix has released its Speed Index for March, and the report shows average Comcast speeds for streaming subscribers rapidly increasing.
It’s a jungle out there when it comes to set-top streaming hardware, with Roku and Apple TV as entrenched players, Amazon’s hot-selling new Fire TV just out, and every major gaming system also capable of running streaming apps. Should Netflix, whose app is already a must-have on all of the aforementioned devices, leap headfirst into the fray with its own box?
After several scary years for proponents of physical media in the home entertainment industry, it’s looking like things have stabilized for now. While just about everyone agrees that digital sales and rentals are the inevitable future of the industry, DVDs and Blu-ray discs still seem to have some life in them.
In the fiercely competitive world of streaming video, Amazon has passed several major rivals to secure its second place standing behind Netflix. Online research firm Quilt is reporting that Amazon Prime Instant Video has nearly tripled its video streams this year compared to last, and has now surpassed Hulu and Apple TV in terms of bandwidth usage.
No longer content to sit on the sidelines and watch Netflix, Hulu, Amazon, and others launch successful original series, Microsoft is jumping into the fray with several new shows from its Xbox Entertainment Studio (XES).
Microsoft has pitched its new Xbox One console as an all-in-one living room box first and a gaming console second, and this move toward original content would seem to back up that intent. Read the rest of this entry »