Videogame publisher Electronic Arts announced preliminary financial results for its first fiscal quarter ended June 30, 2011, posting numbers that came in higher than what analysts were expecting. EA's GAAP total net revenue for the quarter settled in at $999 million, up 23 percent from the $815 million it posted in the same quarter one year ago.
Netflix acknowledged in its Q2 earnings report that its recent price hike will likely cause revenue to fall in the third quarter before rebounding in the fourth. Investors responded by feeding the hybrid DVD-by-mail/streaming movie service a heaping slice of humble pie in after hours trading, sending the company's sky-high stock price down more than 10 percent.
We know that a lot of you are mighty sore about the recent hike in Netflix rates, but according to sources, they’re putting that money to use. Netflix has reportedly worked out a deal with DreamWorks Animation to get the studio's films on the Internet company’s streaming service.
How many times have you wanted to yell at a movie character to look behind them before they're sliced to bits, or give them some information crucial to whatever dilemma they're facing? The problem is, they never listen, no matter how spot on your advice. But what if they did? Intel and Toshiba today announced a new social film project called "Inside" that will give you, the viewer, a chance to direct the action from your recliner.
Sony has had more than its share of issues lately, but just days after switching all its PlayStation services back on, they’re ready to woo jilted customers. That’s right, the Sony Welcome Back program is online. The free games and other perks will be available for your consideration until July 3. If you haven’t taken advantage by then, the deals go bye-bye.
Instead of stepping outside for a coffee break when there's a lull at work, YouTube wants you to grab a bag of popcorn and plop yourself in front of your PC. The Google-owned video sharing site today rolled the dice with online rentals and added thousands of of full length feature films from major Hollywood studios to its catalog, provided you reside the U.S. And it's not just old movies that you've seen a hundred times already on VHS.
There are thousands of websites out there that will happily assist you in standing on the neck of your day-to-day productivity, but few can do it as effectively and as addictively as Famous Objects From Classic Movies, our Cool Site of the Week.
When was the last time you bought a DVD? Net-who – oh, Netflix? Yeah, that's what we thought. You aren't alone in your gradual migration to streaming video content. A new report indicates that DVD sales have dropped off 20% in the first quarter of 2011 when compared to a year ago.
We know that Netflix has been killing it in new subscriber counts quarter after quarter, but that might be having some unexpected consequences. According to TorrentFreak, the increasing prevalence of Netflix is having a negative effect on US-based BitTorrent piracy. Apparently, if you give people a good deal on content, a lot of them will stop pirating movies.
Google is ready to take the next step with YouTube and will launch an on-demand video rental service in which viewers will be able to stream Hollywood flicks, according to reports. The service could launch as early as next week, providing instant competition to Netflix and Apple's iTunes, and give Hollywood studios yet another revenue stream.