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...]
Netflix has that remote look
Netflix's familiar red logo soon will be showing up on remote controls. The streaming media pioneer said the direct route to its Watch Instantly service will be offered this spring on Blu-ray players made by companies such as Panasonic, Samsung, Sharp, Sony and Toshiba. Sharp, Sony, and Toshiba also will place the Netflix one-click button on … [Read more...]
Par, MGM, Lionsgate films stream to Netflix
Many of us are in a love-like relationship with Netflix's Watch Instantly streaming video feature. The bugs seem mostly ironed out, and you do get a glimpse of home video's future via its user-friendly menus and features. We're seeing more high definition movies via the stream, which look pretty good on a big-screen. The biggest problem, … [Read more...]
Hulu adds Plus; Netflix streaming soars
The long-anticipated introduction of premium viewing fees is coming to Hulu, and soon. Numerous reports say the Hulu Plus service will give subscribers access to a deeper archive of TV series for a monthly fee of $9.95. Testing is expected to begin as soon as May 24, the Los Angeles Times reported, following up on its premium Hulu exclusive of … [Read more...]
iPad touches down with Netflix video app
Lucky buyers of the new iPad just got even luckier. A late-breaking addition to the apps lineup makes Netflix streaming video a launch item for the tablet computer. The app is free, but useless unless you're a Netflix subscriber it's useless. No charge for the movies or TV shows, either, since they're coming out of that crazy quilt that is the … [Read more...]
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