About 75 percent of new subscribers to Netflix signed up for the streaming video plan, the media company said in its second-quarter earnings results. Investors, however, focused on upcoming Netflix subscriber losses due to its new pricing plans, which enraged alienated many subscribers. The changes will result in 60 percent increases for … [Read more...]
U.K. TV streams to U.S.
British TV importer Acorn Media Group has volunteered for the streaming video revolution, offering U.K. titles such as "Foyle's War," "Upstairs Downstairs" and "Agatha Christie's Poirot." The new U.S. "Acorn TV" runs on an premium (paid) model at $25 a year. Acorn is running a free trial of the paid streaming platform through Aug. 31. … [Read more...]
Viewing sessions hit a peak
U.S. online video users engaged in 6.2 billion viewing sessions in the past month, hitting an all-time high. About 172 million people watched online video in June, good for an average of 16.8 hours per viewer, according to comScore. Almost 86 percent of Internet users in the U.S. watched at least one video. "Google Sites" (YouTube) and Vevo … [Read more...]
Netflix pricing soars
Netflix has announced a stinging price increase, with the majority of subscribers about to see their bills go up by as much as $6 a month. Someone paying $11.99 a month for streaming and DVDs/Blu-rays will now fork over $17.99. The Netflix corporate line goes something like this: The costs of mail-rental DVDs and Blu-rays were never … [Read more...]
YouTube’s pretty Panda
YouTube has transformed itself -- for a while, anyway -- with an optional redesign dubbed Cosmic Panda. Users of the uber online video site are invited to check out the new look via this redesign portal. It'll affect most of your YouTube pages until you change back. The channel pages look a lot better, but the most dramatic and most welcome … [Read more...]
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