Remember when Netflix was the future of the entire media industry? First it created a DVD-by-mail service that made the entire Blockbuster era look like a bad joke. (Remember late fees? Remember the horrible selection, with nothing before 1983?) People nostalgic for Blockbuster are like aging Russian widows who lay flowers at Stalin’s grave. Then Netflix accelerated us into the era of streaming video, creating a massive archive of instantly accessible movies and TV shows. Last May, a study found that Netflix accounted for a fifth of all the internet traffic in North America. READ FULL STORY
Tag: Netflix (51-60 of 72)
It looks like they’re back in business. After some very risky business model changes that resulted in customer backlash and plummeting stocks, it seems
Qwikster Netflix has begun to turn things around. Earlier this month Netflix released statistics that showed their stocks were actually back on the rise (an 11 percent surge, to be precise) and now analysts are giving credit to the company for turning things around in the volatile environment.
According to Reuters, thanks to continual stock rising, “Analysts at Citigroup, Barclays and J.P. Morgan Securities raised their price targets for Netflix, saying the customer growth may help alleviate investors’ concerns about its ability to restart subscriber growth. Citigroup also upgraded the stock to ‘buy’ from ‘neutral.’” As business improves for Netflix, CEO Reed Hastings (once Saturday Night Live fodder for his business ventures over the past few months) told shareholders in a letter that he’s not worried about the competition from streaming services such as Hulu Plus and Amazon.com.
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We’ve had some good times together. I remember when your red envelopes first freed me from the authoritarian grasp of Blockbuster, where friendly employees were as abundant as NC-17 movies. One of the first films I ordered through your service was Battleship Potemkin, the 1925 silent classic that would have been impossible to find in a Blockbuster store that carried 125 copies of Van Helsing. That’s why we cinephiles gravitated toward Netflix — you offered films we couldn’t rent anywhere else, and you provided an experience that was simple and cool.
And then you had to go and ruin a beautiful thing. READ FULL STORY
If your television and computer are often fighting for your attention (and likely your spouse and children, but until they start streaming episodes of The Office, it’s still really down to just TV and laptop), it’s likely thanks to über-popular video streaming services like Netflix and Hulu.
But just how much movies and television are you getting from both services, and how exactly are you watching the forms of entertainment, PopWatchers? Nielsen set out to answer that question with a recent survey with 12,000 online participants back in March (look at all those charts and graphs! HIMYM‘s Marshall Eriksen would be in heaven!).
Here’s some of what they found: READ FULL STORY
Here’s some good PR for Netflix! Starting tomorrow, Mad Men‘s first four seasons will be available for instant streaming. That means you can catch up on the entire series with a binge, or by rationing to make it last you through the summer. That made us wonder: What TV show are you currently catching up on while your DVR is light? (It’s always both a relief and a disappointment to return home from a week’s vacation and find your DVR still has space, right?)
Right now, I’m in limbo. So really, I’m just looking for ideas. I finally watched both seasons of Party Down this summer and highly recommend you doing so if you haven’t. I’ve got a Torchwood: The Complete Original UK Series set on my desk. Thinking that’s what I’ll dive into next…
Angry proclamations of Netflix cancelations have been flying around the Internet today after the streaming site announced it was hiking pricing, essentially forcing subscribers to choose between its DVD selection and its streaming plan. But where will the Netflix refugees go? We consider the alternatives… READ FULL STORY
If you’re anything like us, you’re going to spend the dog days of summer planted indoors, namely at an air conditioned movie theater, seeing everything under the unforgiving sun (Transformers: Dark of the Moon may blow your eardrums out, but at least you’ll be cooled off). While it’s certainly cheaper than buying a pool or sitting in front of your open refrigerator all day (turns out that really hikes up the electric bill), going to the movies a few times a week definitely adds up.
With the average price of a movie ticket in San Francisco hovering around $10, an avid moviegoer could very well spend roughly $100 a month at their local multiplex (that’s not including assorted goods at the concession stand, which, let’s be honest, would be about $100, too.) In other words, Californians, you may have to start subletting your living room in order to keep going. Or just start charging your out-of-towner friends for your Full House tour.
Alas, there’s MoviePass, a new $50-per-month service — launching this weekend in, you guessed it, the San Francisco Bay Area — which will allow subscribers go to unlimited movies in theaters. READ FULL STORY
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