You knew they were big, but you didn’t know just how big streaming innovator (and leader) Netflix really was…until now. In a bid to prove to investors they have what it takes to stave off a whole new class of streaming competitors, Netflix released some detailed numbers on their global subscription base that has Wall Street really buzzing.
Baby Boomers Finally Hop on the Streaming Bandwagon
In a new survey released today by E-Poll Market Research, Netflix is the first choice for watching a TV show among those respondents who have been exposed to streaming programming. And for the first time, this result is true for all age demographics – with Baby Boomers the last to join the party.
See more on this interesting trend in consumer preferences… [Read more…] about New Research: Netflix is the #1 Choice for TV Viewing
Dish Network Corp. announced today that it is the first major pay-TV provider in the U.S. to integrate the Netflix app into its set-top box. With this system, available on their second generation Hopper, users can access their favorite Netflix movies and shows, such as House of Cards and Orange is the New Black. And this Netflix content resides side-by-side with “linear” TV channels.
See more on this pairing of strange bedfellows… [Read more…] about Strange Bedfellows? Dish Adds Netflix to Its Hopper Box
Outerwall, Inc. (f/k/a Coinstar), owner of Redbox – the national video rental kiosk powerhouse – made several surprising announcements on Tuesday that suggest the company is dealing with some serious business issues. First, the company announced that Redbox division president, Anne Saunders, has left the company. And second, the company said that it would make significant cuts to its staff…and to other projects.
How significant did Outerwall say the staff and project cuts would be? See more below… [Read more…] about Redbox, Once a Blockbuster Buzzsaw, Finds It Must Now Cut Itself
Dish Network Corporation said today it will close all remaining Blockbuster video store locations and also dismantle the DVD-by-mail service by early-January 2014. According to the company, consumer demand is clearly for digital distribution of media and physical DVDs just don’t make sense anymore.
See more on this unexpected announcement… [Read more…] about Saying Demand is for Digital Distribution, Dish Drops Blockbuster Stores
Businessweek Magazine has published online their latest annual list of the five worst CEOs of the year. The short list, not one that CEOs hope to see their names featured on, is topped this year by a CEO from the consumer electronics retailing industry – none other than Brian Dunn of Best Buy. Dunn, who left Best Buy in April in the wake of a scandal involving an inappropriate relationship with a female subordinate, earned the title of the absolute worst chief executive on 2012 – and it wasn’t even because of the affair!
See why Businessweek feels Dunn is the “absolute worst chief executive of 2012″… [Read more…] about Businessweek Names Best Buy’s Brian Dunn as Worst CEO of the Year
<March 7, 2012> Reuters is reporting today that Netflix, once feared as a predator to many in the Cable TV industry, may be more kitten than lion as it seeks to partner with one or more major cable TV providers in offering Netflix as part of its programming package. Once an unthinkable proposition, Reuters says the company is actively pursuing just such an arrangement. [Read more…] about Netflix Looks to Partner with Major Cable Company