Life imitates art: musician/actor Justin Timberlake, who played a media mogul in Aaron Sorkin's The Social Network, is set to revive the hulking mess of MySpace. He purchased an ownership share in the social media site in June of 2011 and just recently acquired an office and a staff of six to help h...
Read More »In case you were wondering, VOD distribution is here to stay. Look at JC Chandor's $3.5 million Margin Call, which lured a strong ensemble of name actors led by Kevin Spacey, Jeremy Irons and Zachary Quinto, and has passed the $1.5 million mark theatrically in limited release, as it was also available day-and-date on VOD. More and more people are learning, as Netflix had hoped, to download and stream movies from their cable companies or through Roku, iTunes, PS3 or TiVo. Several folks I know picked up on the publicity and ad noise surrounding Margin Call and watched it on its second weekend in theaters, at home. It's significa...
Read More »Able to report some much-needed good news, Netflix renewed its contract with ABC, adding more shows including Desperate Housewives and Grey’s Anatomy. After losing 800,000 domestic subscribers after its recent price increase and the controversial fissure between streaming and sending DVDs, the company is doing its best to please their remaining consumers. However, Netflix's primary rival Amazon is making its own moves as Netflix’s primary competition with Prime Instant, a video library that will include over 800 titles from Disney-ABC including Lost, Grey’s Anatomy, and Felicity. Prime has also secured licensing deals with CBS, Fox, NBCUniver...
Read More »"Consumers value the simplicity Netflix has always offered and we respect that," said Netflix CEO Reed Hastings as he backed off plans to split the company in two. “There is a difference between moving quickly — which Netflix has done very well for years — and moving too fast, which is what we did i...
Read More »- Amazon's stand-alone streaming service might follow the path of Netflix, reports Fierce Online. Amazon's plans to break its streaming business from its e-commerce store marks another instance, like Netflix, in which corporations make business decisions that do not cater to their consumers. Amazon ...
Read More »Looking at a catalogue of real-time updates from Twitter, scientists at Cornell University were able to track mood changes throughout the day and week, and found confirmation of the obvious: people are happiest on their days off. Cornell University analyzed over 500 million Tweets from 2.4 million p...
Read More »Netflix beware. At the end of July, Amazon announced a partnership with NBCUniversal to provide some 9,000 streaming movies and TV shows to its Prime subscribers.
Read More »Two things pop from this week's announcement from Robert Redford's Sundance Institute about their "Artists Services Initiative." First, who it's for--Sundance Institute filmmakers only--and second, how it contrasts with Robert De Niro's for-profit New York-based Tribeca Fil...
Read More »Amazon is teaming up with NBC Universal to stream movies to subscribers, continuing its direct competition with Netflix. THR reports that Amazon now offers 9,000 movies and TV shows to its subscribers—Prime customers who pay $79.00 a year (compared to Netflix’s annual $96, for many more options). T...
Read More »Books continue to go digital as a group of book companies--Hachette Book Group, Penguin Group (USA) and Simon & Schuster, Inc.-- put their combined might behind new digital platform Bookish.
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