Aereo has been infuriating Hollywood for a while now with its unique business model, which allows consumers to rent an antenna remotely from the company and watch and record programming. The company has been sued again and again, and it may be finally starting to get stuck in the legal mire.
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Well, this certainly didn’t take long. Verizon is looking enviously at the direct access deal that Netflix recently signed with Comcast and “wants to have what Comcast is having.” Verizon CEO Lowell McAdam recently told an investor group that he thinks a deal that has Netflix paying for a better user experience for its customers is all but inevitable between Netflix and his company.
As quickly as the home entertainment world seems to be heading toward streaming, a majority of consumers are still a bit old-fashioned in their media preferences. According to new data from the Consumer Electronics Association (CEA), 66 percent of consumers still prefer watching their favorite movies and TV shows on packaged media.
Blockbuster may be dead on this side of the pond, but our friends in the U.K. will see the brand revived before the end of this year. Dish Network, which purchased Blockbuster several years ago and has lost nearly $100 million on the venture so far, has licensed the Blockbuster brand to Crash Entertainment Group in the United Kingdom.
Long-time Insiders will remember the quaint times when a Redbox DVD rental cost just a buck a night, as compared to $1.20 these days. The current price, however, may soon become a memory if Redbox’s current pricing model tests pan out.
If you’re a Netflix user who gets their internet service through Comcast, chances are you’ve been interested in the recent announcement by the two companies of a direct access deal that will improve the Netflix experience on Comcast. Since Netflix has to pay Comcast an undisclosed (but presumably large) fee for this access, it’s natural to worry that Netflix might be passing along at least some of that cost to its subscribers.
As hard as it is to believe, Dish Network has owned Blockbuster for three years now. And how did Dish’s investment turn out? According to the satellite operator, it has lost $91 million on its Blockbuster adventure, with $47 million in losses taking place in the most recent fiscal year alone.
Netflix and its customers want the company’s streaming experience to be as smooth and speedy as possible, especially with the HD and now Ultra HD content Netflix is pushing through the pipes. The streamer and cable giant Comcast just announced an agreement in which Netflix will pay Comcast an undisclosed sum for Netflix to connect directly to Comcast’s broadband network.
The Olympics have generally had a negative effect on Redbox rentals, as viewers tend to favor watching the quadrennial competition over picking up a Redbox rental. That may not be the case this year, however.