Warner Bros., Sony and Universal are about to be confirmed as content providers for YouTube's year-old movie rental service, several media sources said. Fox, Paramount and Disney apparently won't be in the mix, at least for a while. Their resistance comes in reaction to Google and YouTube's sketchy policies on piracy and copyright … [Read more...]
Netflix takes a beating
The number of Netflix subscribers hit 23.6 million in the first quarter, but warnings of higher costs in Q2 led Wall Street to punish the streaming media company. Netflix stock ended Tuesday down 9 percent, partly on earnings and partly on a downgrade from an analyst. Netflix chieftain Reed Hastings appeared on CNBC's two morning shows early … [Read more...]
Xbox Kinects with Netflix
Netflix is now at your voice command -- on the Xbox 360. The Kinect-Xbox upgrade finally has gone live. It allows owners of the game console who also have Kinect sensors to simply speak commands such as "Netflix, fast forward," or to use their hands to control some of the streaming video functions. Futurists will be a bit disappointed, … [Read more...]
174 million online viewers
YouTube and the other Google sites logged almost 2 billion online viewing sessions in March, comScore reports. Overall, 174 million U.S. Internet users watched online video content last month, with the average viewer taking in 14.8 hours of online content. Most of the major metrics showed improvement from February (28 days) to March (31 … [Read more...]
Hulu nears 1 million subs
In what could be "the fastest start of any online video subscription service," Hulu's premium service is on track to top 1 million paying customers in 2011, CEO Jason Kilar says. Hulu should make about $500 million during the year, vs. about half that in 2010, he said. Chump change in the TV business, but an impressive showing in online TV, an … [Read more...]
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