Coinstar Inc. (CSTR) shares appear to have Netflix syndrome this morning. While the company topped Wall Street’s third-quarter earnings estimates in last night’s report, Coinstar unexpectedly hiked its Redbox DVD rental fees by 20% to $1.20 per night
* Warns of Q4 DVD user decline, Q1 loss * Q3 EPS $1.16 vs Wall Street view $0.94 * Shares fall almost 20 percent (Adds CEO’s comment, updates shares, rewrites firstparagraph) Oct 24 (Reuters) – Netflix …
LOS ANGELES (Reuters) – Netflix Inc reported an increase in third-quarter revenue that beat analyst expectations but said DVD subscriptions would sharply decline in the fourth quarter, sending its shares …
A single act of both compassion and arrogance leads to a battle unlike any other when RISE OF THE PLANET OF THE APES makes its worldwide debut on Blu-ray, DVD and digital download on December 13th in North America and starting December 7th Internationally.
With the appearance of the iPad, many types of video converters for iPad, like iPad video converter and iPad transfer have sprung up.
NEW YORK , Oct. 17, 2011 /PRNewswire/ — One-Blue today announced that JVC KENWOOD Corporation, a leading developer and manufacturer of sophisticated audio, video and wireless communications products, has joined the One-Blue product licensing program as a licensor. JVC KENWOOD has been an important contributor to the development of the Blu-ray Discâ„¢ standard and joins current licensors Cyberlink …
Netflix generates more head-scratching plot twists than a cheap B-movie. On Monday, the company said it would reverse a previously announced decision to put its DVD-by-mail and Internet streaming services on separate websites, a plan that was widely derided by Netflix subscribers.
Qwikster, we never knew ya: Netflix has killed its plans to turn its DVD service into a separate business. Netflix CEO Reed Hastings the news via a blog post this morning, reversing a decision he announced via a blog post three weeks ago.
It took Coca-Cola 77 days of New Coke to bring back Coke Classic. It took Netflix co-founder and CEO Reed Hastings less than three weeks to shelf the idea of splitting Netflix into two brands—Qwikster to sell DVDs, Netflix for streaming; 23 days in all to admit publicly that the right strategy can turn out very wrong and to cancel the move before it kicked in.