Netflix cuts 3Q subscriber estimates

Posted on September 15, 2011 by Chris Morris

Netflix has lowered its subscriber estimates by 1 million people for the third quarter, the first sign that the consumer backlash over its drastic price changes is negatively impacting the film streaming/rental service.

In a note to investors, the company lowered the expected number of DVD-only customers from 3 million to 2.2 million, while ratcheting down the number of projected streaming customers from 10 million to 9.8 million. The number of customers using both services is expected to remain unchanged.

Report: Dish Network targeting Netflix

Posted on September 2, 2011 by Chris Morris

Looks like Dish Network could be looking to tackle Netflix on its own turf – and it’s bringing a surprise player to the game.

Bloomberg reports the satellite service plans to offer a standalone subscription streaming service that will capitalize on the Blockbuster brand. And, to rub salt in Netflix’s wounds: It might include titles from Starz.

Amazon streaming hits a milestone

Posted on August 18, 2011 by Chris Morris

Amazon has been the perennial bridesmaid to Netflix in the streaming video space for a while now. That hasn’t changed – but the company has hit a notable landmark.

The online retailer’s Instant Video service now has 100,000 movies and TV shows in its library of streaming and downloadable content.

Wal-Mart brings Vudu to iPad, closes MP3 store

Posted on August 10, 2011 by Chris Morris

The king of retail is launching a new digital service just as it throws in the towel on another.

Wal-Mart has brought its Vudu movie streaming service to the iPad in a move to expand its distribution. But as it dives deeper into video, the company has announce plans to shut down its MP3 download service by the end of the month.

Amazon dives a bit deeper into the streaming video space

Posted on June 23, 2011 by Chris Morris

Amazon is ramping up its fight against Netflix.

The online retailer, which lets members of its Amazon Prime service stream over 5,000 films and television shows, has added another 1,000 offerings to the mix – and is prominently letting users know that on its front page today.

Tennessee passes strict Web entertainment theft bill

Posted on June 2, 2011 by Chris Morris

If you live in Tennessee and a buddy offers to loan you his or her login to Netflix, it might be wise to politely decline.

A new law in the state, signed into legislation yesterday, makes it a crime to use another person’s log-in to stream video or music – even if that person has given you permission to do so.

Chris Morris: Journalist

Tag Archives: streaming movies