The for-sale sign officially hangs on Hulu. Walt Disney Co. CEO Robert Iger told reporters Wednesday that the big media owners of the online video service are "committed to selling it." "I don’t want to comment on any aspect of the deal," said Iger, left photo, at the Allen & Co. media chiefs summit in Idaho. “It’s a good time to be in the … [Read more...]
Archives for July 2011
Netflix to Latin America
Netflix's streaming video service is flowing to Latin American and the Caribbean. The company said Tuesday that it plans to expand into 43 countries south of the U.S., inspiring an 8 percent jump in the already high-flying stock. Netflix made its move into Canada last fall. "If we succeed in Canada, we will certainly look at other markets," … [Read more...]