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Netflix Adds 3 Million Streaming Customers – Loses a Million Disc Subscribers
Wed Apr 25, 2012 at 10:00 AM ETTags: Netflix, Discs-By-Mail, Streaming, Industry Trends (all tags)
Despite the loss in those subscribing to disc-by-mail, that side of the company brought in $146 million.
The Netflix quarterly report reveals that the streaming business is still going strong. In fact, Netflix added on 3 million new streaming subscribers in the first quarter of 2012, bringing the total up to 21.67 million.
Disc based subscriptions, on the other hand, were down by a full million subscribers. That puts the total down to 10.09 million. The DVD-by-mail service still managed to bring in a cool $146 million for the company, which announced a total loss of $5 million in the quarter.
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Netflix Adds 3 Million Streaming Customers – Loses a Million Disc Subscribers
Wed Apr 25, 2012 at 10:00 AM ETTags: Netflix, Discs-By-Mail, Streaming, Industry Trends (all tags)
Despite the loss in those subscribing to disc-by-mail, that side of the company brought in $146 million.
The Netflix quarterly report reveals that the streaming business is still going strong. In fact, Netflix added on 3 million new streaming subscribers in the first quarter of 2012, bringing the total up to 21.67 million.
Disc based subscriptions, on the other hand, were down by a full million subscribers. That puts the total down to 10.09 million. The DVD-by-mail service still managed to bring in a cool $146 million for the company, which announced a total loss of $5 million in the quarter.
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Verizon and Redbox Join up for Netflix-Like Disc and Streaming Service
Tue Feb 07, 2012 at 10:00 AM ETTags: Redbox, Verizon, Netflix, Streaming (all tags)
Redbox is finally entering the streaming game, but just what the service will offer is a mystery.
It's about time we see the formation of a streaming service that can legitimately go head-to-head with Netflix. Verizon and Redbox have joined forces to create their own service that provides both streaming video and physical media.
The Netflix model is far from perfect, especially when it comes to the disc-by-mail portion of it. Shipping out individual discs is expensive, but it looks like Redbox will be solving that by letting subscribers pluck DVDs and Blu-rays out of kiosks.
The pricing layout is a big question mark at this point as the joint venture promises "subscription services and more" in "an easy-to-use, flexible and affordable service that will allow all consumers across the U.S. to enjoy the new and popular entertainment they want."
The launch of this new venture is expected in the latter half of 2012. Expect to see some changes at Netflix in anticipation of the competition.
Source: Engadget
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Internet Based VOD numbers are Dire, but Streaming on Game Systems on the Rise
Thu Dec 15, 2011 at 07:00 PM ETTags: PlayStation 3, Xbox 360, Streaming, VOD, Industry Trends, Smartphones (all tags)
On average, PS3 owners are using a over a third of system time on Blu-rays and streaming.
Two studies came out recently with some very interesting information that seems conflicting at first glance. The first is that, according to the NPD, online VOD purchases are incredibly low. The second is that streaming on videogame consoles is on the rise.
Internet based VOD numbers account for all devices capable of renting a movie online. According to the NPD report, only five percent of those that can rent VODs are doing so. " It’s understandable that smartphone owners might be hesitant to watch a full-length movie with limited screens and battery life," says NPD's Russ Crupnick, "but few of the other connected devices are showing strong uptake for Internet VOD, either."
Game consoles, however, have been seeing increased usage as streaming and entertainment machines. Nilsen says that 15 percent of the time an Xbox user is on the system, they're watching streaming movies. The PS3 accounts for 15 percent as well, while Wii users devote 33 percent of their time to videos.
An impressive 22 percent of time using the PS3 is spent watching DVDs or Blu-rays, which brings the total movie watching time to 37 percent.
Source: Home Media Magazine
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One Third of New Netflix Subscriptions are Returning Subscribers
Wed Nov 30, 2011 at 02:00 PM ETTags: Netflix, Industry Trends, Streaming (all tags)
Netflix CFO David Wells knows he can't win everyone back, but Netflix is hoping to do a bit of rebuilding as far as the brand is concerned.
It's no secret that Netflix messed up pretty bad this year. Complain as people did about the price change, it's something that happens every once in a while. It wouldn't have been too big of a deal either if Netflix didn't try splitting their services in two and otherwise confuse and enrage loyal customers.
Internet outrage was widespread, but apparently that outrage was short lived for some people. Out of all the new subscribers Netflix picked up in October and November, 33 percent were returning customers.
CFO David Wells says that Netflix is going to have to work hard to win the rest back. "There is no one big fix that is going to undo this and set the reset button,” he says. “We are under no illusion that it will go away after 90 days."
Source: Home Media Magazine
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Netflix Glitches Cause Loss of Simultaneous Streaming and 'Star Trek'
Wed Sep 07, 2011 at 04:00 PM ETTags: Netflix, Streaming, Star Trek (all tags)
Customers are up in arms, but Netflix says the offending changes are a glitch in the system.
Folks are getting pissed. Netflix has made some very unwelcome changes in the last few months and now some members aren't able to stream to multiple devices at once. Even worse, depending on your love of sci-fi, the entire first season of 'Star Trek: The Next Generation' has just up and disappeared.
Netflix says that these aren't new policies or issues with contracts, but glitches in the system caused by the recent Latin America expansion. According to communications VP Steve Swasey, "No Netflix member is limited to less than two concurrent streams. A few Netflix members have heard differently from us, which is an error that we are correcting."
On the 'Star Trek' front, Netflix is a bit more jovial. "The Starship Enterprise has veered off course temporarily because of a blip in the system with the start of streaming in Brazil," says a spokesman. "We will welcome the Enterprise and her crew back shortly."
Source: Hacking Netflix
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DVD Streaming Service Zediva Shut Down by Courts
Wed Aug 03, 2011 at 03:00 PM ETTags: Zediva, Streaming (all tags)
Anyone else surprised that it took this long?
The folks at Zediva had an interesting idea. Instead of buying the streaming rights to a movie and then letting customers select from a range of options, they would simply stream the DVD. This method of streaming gave them some options not available to Netflix - like the ability to watch special features.
Of course, as soon as the studios caught wind of this they had a strong reaction, and a very negative one at that. Streaming movies without paying licensing fees isn't exactly something that made them happy.
The courts sided with the studios, saying that Zediva was not a virtual video store as it claimed to be. Instead it was ruled that their service was along the lines of Netflix and Hulu and therefore Zediva would have to shut down.
There's no word on when this will occur, since at the time of this writing, the site is still up.
Source: Hacking Netflix
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Netflix Continues to Focus on Streaming - De-emphasizes Discs
Wed Apr 27, 2011 at 10:00 AM ETTags: Netflix, Streaming, Industry Trends (all tags)
The company boasts 23.6 million subscribers, with streaming content being the main attraction.
This may not come as a surprise, but Netflix is doing well. They made $60 million in the first quarter of this year, which is an 88 percent increase when compared to the first quarter of 2010. They've expanded into Canada, introduced new subscription models for the US, and are sitting at a total of 23.6 million subscribers.
CEO Reed Hastings, on a call with analysts yesterday, said that the emphasis for Netflix going forward will be streaming. He declined to talk about numbers for disc shipments, but did say that he expects them to decline.
Hastings says that the success of streaming means that discs are less important when comparing Netflix to the competition. " In order to prosper in streaming we must concentrate on having the best possible streaming service," he says. " As a result, we are beginning to treat them separately in many ways."
Source: Home Media Magazine
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Netflix CEO Reed Hastings Makes the Time 100
Mon Apr 25, 2011 at 02:00 PM ETTags: Netflix, Reed Hastings, Industry Trends, High-Def Retailing, HD Streaming, High-Def Streaming, Streaming (all tags)
Hastings was named one of the most influential people in the world thanks to his big moves with Netflix.
This year, Netflix CEO Reed Hastings has made the Time 100 list thanks to his accomplishments with Netflix which have helped to redefine the way people think about streaming movies. He joins the list of influential people this year alongside Mark Zuckerberg, Julian Assange, Kim Jong Un, and Justin Bieber.
Reed says that he came up with the idea for Netflix after misplacing a video tape he had rented. After paying an astronomical late fee, he knew there had to be a better way. The solution for pricing came from the gym membership model - pay a monthly fee and use the service as much or as little as you want.
What started as a rent-by-mail service has transformed into the first streaming service to find mainstream success. It's going to transform again if Hastings has his way, starting with the company's first original series 'House of Cards.'
Source: Time
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Discs Still Dominate for Movie Watching Says NPD
Tue Apr 19, 2011 at 04:00 PM ETTags: Industry Trends, Streaming (all tags)
The NPD says that DVDs and Blu-ray discs are still the most popular way to enjoy a movie.
Despite all the talk of the digital and VOD revolution, the NPD says it's not here yet - especially when it comes to movies. In a recent survey, the NPD Group found that, just like last year, 77 percent of consumers had watched a movie on either a DVD or Blu-ray disc.
By comparison, 68 percent of people had watched a movie on TV and 49 percent went out to the theater. According to the poll, video on demand services through cable and satellite providers were only used by 21 percent.
"The value and importance of physical formats to the home video industry and to consumers is often overlooked," says NPD's Russ Crupnick. "Even though DVD sales and rentals are slowing, there is no evidence that consumers are abandoning physical discs."
Source: Twice
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MORE BLU-RAY NEWS TAGGED "STREAMING":
- Discs Will Dominate Until At Least 2015, Says Study Apr 08, 2011
- Netflix Competitor Launches Without 28 Day Window Mar 17, 2011
- Redbox Subscription Streaming Plans are Official Feb 18, 2011
- Amazon to Challenge Netflix With a Streaming Service of Its Own Sep 02, 2010
- Redbox Talks Streaming Options Jul 21, 2010
- Netflix Gets a Makeover Mar 08, 2010
- Sherwood’s Slick Looking NetBoxx A/V Receiver Sep 11, 2009
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