Post Tagged with: "Netflix"

Netflix drops plan to offer video games like it was Qwikster

Netflix drops plan to offer video games like it was Qwikster

Netflix CEO Reed Hastings, who you may remember from his Match.com profile video explanation video of Netflix’s aborted split into two companies, said Netflix has no plans to offer video games right now, speaking in a Q4 investor meeting today. Hastings didn’t offer more details on far-future plans, but he did confirm Netflix is investigating 3D streaming options to supplement its Blu-ray 3D disc service.

For now, it looks like gamers all will be getting is digital and physical disservice.

JoystiqNetflix drops plan to offer video games like it was Qwikster originally appeared on Joystiq on Wed, 25 Jan 2012 19:20:00 EST. Please see our terms for use of feeds.

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Joystiq

January 26, 2012 0 comments Read More
Netflix adds 610,000 DVD subscribers, beats Q4 estimates

Netflix adds 610,000 DVD subscribers, beats Q4 estimates


Netflix on Wednesday announced its earnings for the fourth quarter of 2011. The company noted $ 876 million in revenue, up 47% from the same quarter last year, and earnings per share of $ 0.73. Analysts had pegged the company to report revenue in the ballpark of $ 857.4 million and EPS of $ 0.54, Barron’s relayed. Netflix also said it added 220,000 new subscribers, a far cry from the 800,000 it lost during the third quarter, and now serves 21.67 million streaming customers in the United States. The company has 24.4 million U.S. customers signed up for DVD subscriptions and that figure jumped by 610,000 during the quarter. Netflix serves 1.9 million international streaming customers and added 380,000 new subs during the quarter. “We
BGR: The Three Biggest Letters In Tech

January 25, 2012 0 comments Read More
Upset investors file class action lawsuit against Netflix

Upset investors file class action lawsuit against Netflix


Investors who were upset by Netflix’s poor decision making in 2011 have filed a class-action lawsuit against the company in a U.S. District Court in Northern California. ”At the beginning of the class period, Netflix was facing increasing competition for streaming business, and content providers were exploring new ways to distribute their content and/or maximize their licensing fees,” the lawsuit reads. “Rather than fully disclose the devastating cost increases which were then threatening Netflix’s entire business, the defendants talked about [the company's] ability to grow.” Netflix lost as many 800,000 customers during the third quarter of 2011 when it decided to raise its prices and spin off its DVD rental service into a new subsidiary called Qwikster. The spin-off decision was
BGR: The Three Biggest Letters In Tech

January 17, 2012 0 comments Read More
Verizon said to be ‘very serious’ about potential Netflix bid

Verizon said to be ‘very serious’ about potential Netflix bid


Mediatech Capital managing partner Porter Bibb believes Verizon Communications is seriously considering making a bid for Netflix. Rumors swirled around recently suggesting that Verizon may team up with the kiosk movie rental service Redbox in 2012 to create its own streaming service to compete head-to-head with Netflix, although perhaps Verizon Communications is considering a different strategy. “I am hearing rumblings from inside Verizon that they are very serious about either Netflix or something similar,” Bibb told Bloomberg on Tuesday. Verizon CEO Lowell McAdam confirmed earlier this month that the company is looking to enter the steaming-video space in an effort to bolster its FiOS offering. Read
BGR: The Three Biggest Letters In Tech

December 13, 2011 0 comments Read More
Roku HD-XR and Roku SD Player announced

Roku HD-XR and Roku SD Player announced

Roku

Adding two new versions to their popular Netflix, Amazon streaming device, Roku has introduced Roku HD-XR and Roku SD. For $129, the Roku HD-XR carries all the specs of the Roku HD with the addition of a USB port and 802.11n WiFi. At the moment, the USB port serves no purpose, but we wouldn’t count a firmware update to make use of it. The Roku SD on the other hand is for all who just want the movies regardless of the quality. Unlike the Roku HD, it will not include HDMI, component, S-video or optical audio out. Pricing for the SD model will be $79.

Source

October 28, 2009 1 comment Read More
Netflix streaming coming to PS3

Netflix streaming coming to PS3

Netflix PS3

Last week, Netflix CEO Reed Hastings mentioned that an already popular device will be getting Netflix streaming soon. Today, we know that device is the PS3. The service will debut on the PS3 sometime next month and will be free of charge. Unlike the Xbox 360 though, the application must be installed with a disc, which you’ll need to reserve. We really like what Netflix is doing here, but we would really like to see Instant Streaming for the latest DVD releases.

Source

October 26, 2009 0 comments Read More
Canal+ comes to French Xbox 360s

Canal+ comes to French Xbox 360s

Xbox 360

With the Xbox 360, Microsoft wants to dominate your home entertainment and be the center of your living room. Aside from their library of movies and T.V. shows, they added support for Netflix in the U.S. and Sky TV in the UK. Expanding their media reach, they have now added Canal+ in France. With this deal, Canal+ will bring live & on-demand services to the Xbox 360. Also, they will add 3,000 movies and TV shows and French Ligue 1 soccer games. So if you live in France, you now have a very good reason to pick up an Xbox 360.

Source

July 1, 2009 0 comments Read More