Ever wonder how Netflix chooses the little thumbnail images that give you a peek at a show to help you decide if you want to watch it? Apparently there’s a lot more work that goes into these seemingly simple images that you could ever guess. Read the rest of this entry »
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When Redbox parent Outerwall reported its first quarter financials late last week, the numbers were not great, with a 31 percent drop in profit and a 19 percent drop in revenue compared to the previous year. Several analysts, however, think that Redbox may be on the road to renewed stability.
Redbox is just a day away from reporting its first quarter financials, and things may look more positive than in recent quarters. A stronger lineup of new release movies may give the embattled renter a boost, according to a prominent analyst.
In case there was any doubt in your mind that Amazon wants to beat Netflix at its own game, behold the new Prime subscription options. Previously, in order to enjoy a Prime Video subscription, you needed to pay the $99 annual fee for the entire Prime bundle, which includes free 2-day shipping and other goodies. That quaint time has now passed.
Netflix announced its financials for the first quarter of 2016, and reported healthy revenue and subscriber growth. However, the company’s bearish outlook for subscriber growth in the next quarter upset investors.
Do you feel like Netflix just doesn’t have as much content as it used to? If so, you’re spot on, according to Netflix catalog tracker AllFlicks. Netflix has reduced its movie count by 33 percent and its TV show count by 26 percent in the last two years.
Redbox is in an interesting place right now. It’s looking for ways to return to revenue growth even as it has just about saturated the DVD kiosk rental business in the U.S. and pulled the plug on its streaming partnership with Verizon, Redbox Instant.
Even with rumors going around that Redbox is looking to try the digital side of things again, the company has announced a bold, completely new direction that it hopes will reinvigorate its business: Redbox Air drone DVD delivery. See today’s news release after the jump for full details. Read the rest of this entry »