In the midst of its very own Shark Week, Netflix renewed its content deal with cable favorite Discovery Communications. The content deal brings "a wide range of additional episodes and series" from the Discovery networks," Netflix said Sept. 21. The companies' joint press release cited "highlights" such "Man vs. Wild" (pictured), "Say Yes to … [Read more...]
Netflix splits, says ‘sorry’
Netflix chieftain Reed Hastings made an apology of sorts in a letter to subscribers and then proceeded to unveil Qwikster as his company's new DVD spinoff. Neflix will remain the brand name for the streaming video unit, also known so far as Watch Instantly. "I messed up," Hastings wrote on the company blog. "I owe everyone an … [Read more...]
Has Netflix lost it?
Netflix's magical misery tour continues, with news that subscriber defections are coming at a much greater rate than anticipated. The stock plunged, again. What we have here is the spectacle of a public company being punished and humiliated by once-loyal customers. DVD rentals came up 800,000 subs short, Netflix said, while the once-skyrocketing … [Read more...]
Starz quits Netflix
Starz Entertainment says it's through negotiating with Netflix. The pullout means that Starz films and TV programs would disappear from Netflix's streaming video service at the end of February. That leaves a lot of time, and this may be a get-tough negotiating tactic. The news comes on the same day that Netflix's hugely unpopular price … [Read more...]
Apple dumps TV rentals
Forget about those 99-cent TV program rentals on iTunes. Almost exactly a year after its introduction, the TV show rental service offered on Apple TV disappeared from users' options. The rentals also were deleted from the iTunes store. Apple didn't go public with the change, but later said in a statement that "iTunes customers have shown they … [Read more...]
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