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...]
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...]
Cable ‘cord cutting’ soars
Subscribers who stream Netflix's videos are twice as likely to downgrade or cancel their cable TV service -- the much-debated "cutting of the cord" -- a new study finds. A digital think tank says its survey of Netflix subscribers shows the likelihood of them downgrading or dumping cable or satellite TV soared to 32 percent in 2011 -- up from 16 … [Read more...]
‘Platoon’ brings the jungle back home
MGM has redeployed Oliver Stone's "Platoon" in a Blu-ray edition that marks the movie's debut in high def and its 25th anniversary. The Vietnam War film -- released at Christmas 1986 -- has been followed by a host of Vietnam War films, but remains in the upper tier because of its strong young cast, terse storytelling and claustrophobic scenes of … [Read more...]
Netflix redesign backlash
Netflix's Watch Instantly customers are seeing a new landing page, one with bigger images, more titles on display and smoother functionality. Predictably, a lot of them don't like it. The old design -- horsey by any measure -- is still around in spirit. Users continue use the familiar rows of DVD box art to navigate titles, but there are more … [Read more...]
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