It’s been a season of uncertainty for Redbox, with leadership changes at its parent company and a slowly declining DVD rental market. At least one analyst, however, is bullish about Redbox’s most recent fiscal quarter, which ends today and will be reported on in a few weeks.
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Netflix is used to having just a few chief rivals, such as Hulu and Amazon Prime. Now, however, the likes of HBO, Sony, Apple, and Dish are all trying to grab a piece of the action. Is Netflix ready to take them all on?
Redbox has become the dominant force in physical disc rentals in a relatively short time, as it was not that long ago when blue and yellow-painted Blockbuster signs seemed to dot nearly every corner. Now Blockbuster is history, and Redbox operates well over 40,000 kiosks.
Netflix is not shy about opening the pocketbook when it comes to buying content, both original and licensed. According to research firm IHS, Netflix spent way more on content in the last quarter than fivals HBO, BBC, and Discovery, with Amazon Prime the only competitor to even spend close to Netflix’s numbers.
Look out, Netflix, Amazon, Comcast, and the rest. A 900-pound gorilla bearing a gleaming white Apple logo may be about to stomp into your territory. According to a report from The Wall Street Journal, Apple may be finalizing plans for an online TV service that will launch later this year.
Netflix, which has flown so high for so long, may be finally starting to come down to earth. The streaming giant’s share price has fallen more than 15 percent in the last few weeks, and investors and analysts are taking notice.
Streaming video-on-demand (SVOD) is getting more and more mainstream, as evidenced by the latest report from research firm Nielsen. According to the new report, about two out of five U.S. homes subscribe to at least one SVOD service.
Apple has forged an exclusive deal with HBO to bring its new HBO Now standalone streaming service to Apple devices. The service will launch next month and will offer about 2,000 HBO titles online for $14.99 per month.