Today’s Netflix looks very different than the company that was founded in 1997 – or, for that matter, the one that existed just a few years ago. Netflix went from being a movie rental service to the industry’s first true movie streaming service, and it created a market space that has attracted a lot of competition. That competition – in the form of services...
The video service for teens is Netflix, by far and away, according to a new survey by investment bank Piper Jaffray. On Friday, Piper Jaffray released its semi-annual survey of 10,000 US teens, and it showed a whopping 37% of teens watched Netflix every day. Significantly, Netflix’s big competitors, Amazon Prime Video and Hulu, came in way below Netflix at just 3% each. That means Netflix is over...
Walt Disney Co. is on the prowl to acquire assets to add to its Goliath media and entertainment business; at least that’s the chatter on Wall Street. Following reports last week Disney was considering a bid for the floundering but pioneering social-media platform Twitter Inc. the House of Mouse’s name was tied to interest in another buy: Netflix Inc. Shares of Netflix had moved...
During Google’s Pixel event today, Google announced the Chromecast Ultra, a 4K version of its very popular streaming device. The Chromecast Ultra will be able to stream 4K content from YouTube Netflix, and Vudu at launch, with films from Google Play Movies gaining support in November. HDR content — both HDR10 and Dolby Vision formats — is also supported by the Ultra. Google says the...
Redbox is officially venturing back into streaming — on a trial basis, anyway. A Redbox spokesperson told Variety Thursday that the company has started to test its new streaming service, dubbed Redbox Digital, with some customers. Variety first reported in April about Redbox’s plans to launch a new streaming service. “We are testing a potential new transactional digital VOD and EST offering, with a small subset...
Despite a recent appellate court ruling that said sharing passwords could be grounds for prosecution under the Computer Fraud and Abuse Act, streamers who might be sharing Hulu or Netflix passwords don’t really have anything to be worried about. Here’s a summary of the case: David Nosal worked as a director for a headhunting firm called Korn Ferry International. He left the firm to...
In the video game industry, it doesn’t take a lot to piss off your entire fan base. And Sony is about to re-learn this lesson with one trademark request. San Mateo, California-based Sony Computer Entertainment of America is trying to trademark the term “Let’s Play” to represent “electronic transmission and streaming of video games via global and local computer networks; streaming of audio, visual,...
Streaming music service Grooveshark has shut down as of April 30, 2015 as part of a settlement from copyright infringement lawsuits. This came as a settlement due to potential copyright infringements. The company could have been liable for up to $736 million in damages. As part of the shutdown, ownership of the Grooveshark service, website, and all of its associated intellectual property had been...
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