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It's the Friday before Macworld and once again, tongues are wagging about what Steve Jobs will pull out of his jeans pocket; what he might have lurking up his trademarked black sleeve; whether he can offer up something to pump some life back into this sagging stock.
CES is all about gadgets, but this year more than ever it's about getting CONTENT on those gadgets. What's the point of a gorgeous huge, super skinny high def TV, if not to watch high def movies at the touch of your fingertips. And all these fancy mobile devices, aren't they all just means to watch clear video on that tiny screen?
Warner Bros. has become the latest studio to back Blu-ray exclusively. The announcement scheduled for Monday at the Consumer Electronics Show in Las Vegas instead leaked out today with the studio now confirming the news.
DVD-by-mail service Netflix will begin delivering movies and other programming directly to televisions later this year through a set-top box that will pipe entertainment over a high-speed Internet connection.
Wal-Mart Stores Incquietly canceled its online video download service less than ayear after the site went live, a company spokeswoman saidThursday.
Movie Gallery, the second-biggest U.S. video rental chain, said it filed a reorganization plan in bankruptcy court, and hopes to emerge from Chapter 11 next year.
With Apple Inc. touching a new, all-time high today on its way to $200 a share, and Hewlett-Packard raising estimates for 2008, there's word that troubles in Hollywood could mean big-time opportunity in Silicon Valley.
The possibility of U.S. Postal Service surcharges on DVD mailers caused one analyst to reiterate his "sell" rating on online video rental company Netflix, which ships over 1.6 million DVDs per day.
Netflix revolutionized the way we rent movies; its TV commercials boast more than a billion rentals already. And while its stock has suffered a choppy performance through its history, the company has been enjoying a renaissance of sorts recently. But a new report out from Citigroup this morning could put the brakes on Netflix's good cheer.
U.S. stocks closed lower Monday as major Dow components and financials outweighed hopes for a Fed rate cut and a government plan to rescue at-risk homeowners.
The writers' strike is bad for the media companies--network ratings are already dropping, which means ad revenues will follow. And the longer a strike lasts the worse it gets. But it's not ALL bad as some companies will actually cash in on an on-air content vacuum. And I'm not just talking about the people producing on-air content and the companies broadcasting it.
Netflix Inc (NFLX) the largest online DVD rental company posted a higher quarterly profit, helped by subscriber growth. Should you buy the stock?
Netflix, the largest online DVD rental company, handily beat Wall Street targets for earnings, revenue and subscriber growth.
There's no question that Blockbuster's livelihood is under attack--the business of driving to a store to rent a DVD and driving back when you're done is threatened from video on demand, and digital downloads, especially since both technologies are getting better and faster. So, looking to avoid going the way of the Beta Max, Blockbuster just purchased online movie downloading company Movielink for under $20 million.
U.S. movie rental chain Blockbuster said Wednesday it has bought film download service Movielink for undisclosed terms, giving it a stronger hold in an area where rival Netflix is also staking a claim.
Netflix, the popular online movie rental company, confirmed to CNBC that the company's Web site has been down for several hours because of an "unanticipated outage" that occurred some time last night.
Netflix cut monthly subscriptions for two of its most popular plans by $1 Sunday, a day ahead of a quarterly earnings report that will show whether rival Blockbuster Inc has further dented the online DVD rental company's growth.
Video rental chain Blockbuster named Monday James Keyes as its new chairman and chief executive to replace current CEO John Antioco , who agreed to leave after a dispute over his pay package.
Blockbuster is offering lower-priced plans for online movie rentals as it competes with Netflix in a market that some analysts believe could grow more than 40% this year.