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...]
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...]
Miramax streams to Hulu
Hulu has beaten Netflix to market with Miramax movies on streaming video. Hulu Plus launched its Miramax offerings the same day it announced the deal with the mini-major studio. Netflix, which broke news of its Miramax deal in mid-May, set its debut day for sometime in June. As of Tuesday, June 1, Hulu Plus was featuring the Miramax movies … [Read more...]
PSN: Hulu, Netflix back
The PlayStation Network is back in action, with restored access to video streams from Netflix, Hulu, Vudu, and MLB.tv. Although there were some technical issues over the weekend, they appear to be resolved. Sony's security upgrades now require existing customers to establish a new password before accessing PSN. Saying that "actions speak … [Read more...]
Miramax joins Netflix
Miramax's cache of classic independent films is coming to Netflix streaming video. Beginning in June, subscribers who use Watch Instantly will have access to "several hundred Miramax movies, with dozens of titles being added on a rotating basis," Netflix said, confirming the deal, which had been anticipated. Miramax's deal is non-exclusive … [Read more...]
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