Grumble as it may about similar deals with Comcast and Verizon, Netflix is aware of the realities of the business world and makes agreements when it must. The streaming giant has signed an interconnection agreement with AT&T which will improve the quality of its service on the ISP’s network.
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While its disc rental operations remain the company’s bread and butter, Redbox parent Outerwall also has a stake in the Redbox Instant streaming service. Thus far, Redbox Instant has not been a hit with consumers, and some industry analysts are advising that Outerwall ditch the service entirely.
As it’s seen rivals Netflix and Hulu see increasing success with their strategies of producing proprietary content, Amazon has not been idle. The retail and streaming giant has revealed that it will be dropping more than $100 million on original content in the third quarter of 2014.
They say fortune favors the bold. New DVD-by-mail service, Vidiux.com, which has just launched, is definitely not lacking in boldness. The company is entering a business that industry giant Netflix is trying to extract itself from, and is not offering a streaming option.
Ultra HDTV, or 4K TV, does not seem to be getting consumers as excited as electronics manufacturers have hoped. According to a new report from research firm IHS, the new format, which has four times the resolution of 1080P HDTV, is being adopted at a very slow rate.
Comcast reported its second quarter numbers today, and announced a loss of 144,000 video subscribers. The company managed to spin the loss by pointing out that it had shed 162,000 subscribers during the same period last year.
All the news coming from Netflix these days seems to be good, and this last quarter is no different. The company reported its second quarter numbers today and announced a profit of $71 million along with a major subscriber milestone.
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 The Imitation Game.
Aereo is admirably trying every avenue possible to stay alive in the wake of a Supreme Court ruling that stated the company was violating intellectual copyrights with its unique business model. Now yet another blow has come to struggling Aereo.