Both Netflix and its customers should be celebrating, because the company has scored a huge content win over its rivals. In a recent blog post, Netflix’s chief content officer Ted Sarandos, announced that Netflix has signed an exclusive streaming deal with Disney.
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The bad news keeps piling up for pay-TV providers as the world continues to gravitate toward online services. According to a new survey of streaming video subscribers conducted by The Diffusion Group, 20 percent of video streamers plan to downsize or completely cut the cord on their pay-TV service in the next six months.
If you’ve noticed some additional free time since cutting the cable cord and switching to Netflix, it might not just be in your head. According to streaming data site CordCutting.com, By subscribing to Netflix instead of watching traditional cable, you are spared from viewing about six days of commercials.
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 »
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.