Verizon and Redbox say they've combined to create a new "digital and physical" home video service that will rival Netflix. The "national multiplatform product" will combine DVD/Blu-ray rentals with a streaming video component, as Netflix has done since 2008. The partnership's announcement was short on detail, however. No content deals were … [Read more...]
Netflix beats Street
Netflix easily beat the Street with its fourth-quarter results, inspiring investors to push the beleaguered company stock well above the $110 mark. Online video subscriptions, now the company's focus, grew faster than anticipated, with 220,000 new accounts in Q4, for a total streaming subs list of 21.6 million. "We saw fewer streaming … [Read more...]
Hulu enters ‘Battleground’
Hulu's first scripted original series, "Battleground," kicks off Feb. 14, just as the GOP Primary kicks into high gear. The political "workplace dramedy" tracks a campaign's efforts to land a Senate seat in Wisconsin (the battleground state of the title). The third-place candidate's hopes rest on "an unruly band of campaign workers and … [Read more...]
‘Arrested’ at Netflix
Critics and cultists loved the series, but Nielsen families proclaimed it a dud. Now, five years after cancellation, "Arrested Development" returns to production, with all new shows exclusive to Netflix streaming video. The first new episodes will stream in the first half of 2013, Fox and Netflix said. "After bringing back two canceled series … [Read more...]
Netflix, MGM go UK
Netflix seems to be making good on its promise to launch in the United Kingdom early 2012. The streaming media giant says it cut a deal for MGM films to appear on the UK/Irish streaming video service. The package was said to cover "most first-run feature films," including the Peter Jackson prequels to the "Lord of the Rings" trilogy. Many would … [Read more...]
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