The continuing customer 
backlash at Netflix is taking on staggering proportions. The company (whose stock, by the way, is down another 7 percent in trading this morning) has lost a quarter of its value in the past month.
Things don’t look to be slowing down, either – and competitors are viewing that as a golden opportunity to swoop in and steal some of those disgruntled customers.
As a musician, 
Gene Simmons was responsible for some of the most iconic music of the 1970s. But if he hadn’t been even savvier in the business arena, the world might never have known.
“Creativity is fine, but it’s like having a car without the fuel,” he says. “We have an inferred fiduciary duty as creators of content to make sure that the distribution model is as big as it can be, and reaches as many people as possible in as many ways as possible.”
Couldn’t get a 
ticket to this weekend’s iHeartRadio Music Festival in Las Vegas? That doesn’t mean you can’t watch it.
The Clear Channel-sponsored mega-concert will be streamed in high definition exclusively on Microsoft’s Xbox 360, giving gamers (and their families) the chance to see the acts perform live.
Netflix plans to 
separate its streaming and rental-by-mail businesses into separate divisions in the coming weeks.
The company hopes the new division, dubbed ”Qwikster,” will help it stabilize its subscriber base and revive its share prices. To help revive consumer interest, the company plans to add video games to its rental options as well.
Also in the note, CEO and co-founder Reed Hastings acknowledged the overwhelming negative feedback to recent price changes at the company, saying ”I messed up. I owe everyone an explanation.”
The FTC wants to 
make changes to the Children’s Online Privacy Protection Act (COPPA) that could have a significant impact on the entertainment industry.
The Commission has proposed several amendments to the privacy rules that are meant to protect kids under 13, the most notable of which is adding geolocation information to the definition of personal information.
Intel’s Sandy Bridge 
technology is less than a year old, but the next big thing already appears to be on the horizon.
The company showed off prototypes for its “Ivy Bridge” processors this week at its Intel Developer Forum and the early word is encouraging – with faster speeds, lower power consumption and amazing battery life.
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.
The videogame world 
has a long way to go to catch up with the television advertising market, but it has hit a notable milestone.
DFC Intelligence reports U.S. advertisers spent over $1 billion in 2010 on video games, a number that’s expected to double by 2014. Globally, that number hit $3.1 billion, with expectations it will reach $7.2 billion by 2014.
Facebook’s a great 
way to waste 10-15 minutes. You can catch up with friends. You can let everyone know about the mundane details of your day. And you can learn more about your favorite brands and entertainment content.
Unfortunately, that 10-15 minutes often ends up being a lot longer per day – and, as a result, social media has grown into a viable threat to entertainment companies who are alredy fighting for viewers’ attention.
Hulu’s list of 
potential problems keep piling up.
As the bidding war for the streaming video service continues between Yahoo, Google, Amazon and Dish, NBC has launched a new app bringing full-length episodes of select shows to the iPad.
Chris Morris: Journalist 