Netflix CEO Reed Hastings told attendees at the UBS Global Media and Communications Conference in New York that streaming video will grow to replace cable as the viewing option of choice within 3-5 years. In reality, streaming video could leapfrog ahead of cable even sooner than that, but as Netflix gets ready to renew contracts with Hollywood studios, he might want to keep his cards closer to his chest.
Word to the wise, if you're planning to attack Netflix and make a serious attempt at stealing away its streaming customers, now is the time to do it. Netflix subscribers -- the ones who haven't fled -- are an excuse away from jumping ship, and surprising as it sounds, Verizon Communications might be the one to push them over the edge (insert your own 'Can you hear me now' joke here).
YouTube's daddy (Google) shoved a fistful of cash into the streaming video service's pocket and told it to get a haircut. But why stop there? Google's bank account is plenty big enough to fund a full makeover, and that's exactly what YouTube got. The new look starts with a brand new homepage, and continues with a Channel. design and fresh coat of digital paint.
If you're a Sonos user, go grab your dancing shoes and air guitar, because the Sonos System Software 3.6 update gives you more ways to rock out. One of the big additions is Android tablet support via the Sonos Controller for Android app. With Android smartphones already supported, users are now able to wirelessly control Sonos from any Android 2.2 (or above) device with this update, including the Kindle Fire.
Just a Holiday heads up for you all. Starting today, Google has added a raft of Disney movies to is YouTube-based movie rental service. Classics like Alice in Wonderland and Winnie the Pooh are available, but new titles like Cars and Pirates of the Caribbean are there too. It appears that Apple’s super-close relationship with Disney wasn’t enough to keep this content from Google.
Amid all the doom and gloom around Spotify’s profitability for artists, the service has been doing quite well by the numbers. Without disclosing the breakdown by nationality, Spotify has announced that it has 2.5 million paying members. It appears that the expansion into the US market has afforded the music streamer solid growth.
It seemed like Netflix had it all not all that long ago. A thriving DVD-by-mail rental business, a streaming service that grew more popular than movie studios anticipated, and for the most part, happy subscribers. All that was before Netflix shot itself in the foot with a laser guided cannon, and it's been hopping awkwardly ever since. Watching Netflix stumble around isn't the kind of thing that leads to investor confidence, nor is warning that the worst might be yet to come.
A recent study from NPD Group and the National Music Business Association seems to have at least some record labels spooked. The report claims that streaming services like Spotify and Rdio are damaging actual music sales. In response, one distributor has pulled its 200+ music labels off of streaming service Spotify.
iTunes killer. We're not saying Google is or is not an iTunes killer, but now that the sultan of search has removed the beta label from its Google Music platform and opened its disco doors to the public, we wanted to throw those two words out there so you can get used to seeing them. Google Music is officially open for business and you can bet there will be lots of comparisons to iTunes. So, were the rumors and speculation right on the money?
Netflix today rolled out a fully redesigned version of its streaming application for tablets on all Android tablets, including the Kindle Fire and Nook Tablet. According to Netflix, the layout is "much more immersive" with a greater focus on titles in the company's catalog. Netflix also managed to squeeze twice as many movies and TV shows into the interface as before.