LOS ANGELES, April 27 (Reuters) – Hollywood is remaking one
of its most cherished traditions: the summer blockbuster.
Unlike last year, when every summer weekend seemed to bring
one or more mega-budget films, this year studios have spread out
their most expensive entries for the warm weather months that
traditionally make up roughly 40 percent of annual ticket sales.
LOS ANGELES/NEW YORK, April 24 (Reuters) – Netflix Inc’s
streaming video subscription service will be integrated
into TiVo Inc set-top boxes for customers of three of
the smaller U.S. cable operators, the companies said on
The deals with Atlantic Broadband, Grande Communications and
RCN Telecom Services are the first in the United States to bring
Netflix as an app to cable set-top boxes. The arrangements make
it easier for consumers to access Netflix movies and TV shows on
their television sets because they don’t have to switch to
another device like an Apple TV or Roku box.
NEW YORK/LOS ANGELES (Reuters) – (Corrects Internet Advertising Bureau to Interactive Advertising Bureau)
Technology powerhouses like Microsoft Corp (MSFT.O: Quote, Profile, Research) and AOL Inc (AOL.N: Quote, Profile, Research) are flexing their muscles as storytellers, parading TV network-style shows before advertisers at an annual digital content showcase in New York next week.
NEW YORK/LOS ANGELES, April 23 (Reuters) – Technology
powerhouses like Microsoft Corp and AOL Inc are
flexing their muscles as storytellers, parading TV network-style
shows before advertisers at an annual digital content showcase
in New York next week.
With an eye on the big bucks such shows can command,
Microsoft will trot out a soccer reality show called “Every
Street United.” Sony Corp’s digital network Crackle
will serve up Jerry Seinfeld’s “Comedians in Cars Getting
Coffee” and AOL is presenting a documentary drama about five New
Yorkers called “Connected.”
(Reuters) – Amazon.com’s streaming video service will offer some older shows from premium-cable channel HBO starting next month, a deal that intensifies both companies’ competition with subscription-video service Netflix.
This is the first time HBO, owned by Time Warner Inc, has licensed its award-winning programming to an online subscription streaming service, the companies said in a statement on Wednesday.
LOS ANGELES (Reuters) – Video streaming service Netflix Inc said it intends to raise its subscription price for new customers by $1 or $2 a month to help the company buy more movies and TV shows and improve service for its 48 million global subscribers.
Investors welcomed the announcement on Monday by Netflix, which had suffered from a consumer exodus and stock plunge after it announced an unpopular price increase in July 2011. The company’s shares jumped 6.7 percent in after-hours trading to $371.97, after the company released plans for price hikes and posted a rise in first-quarter profit that beat Wall Street expectations.
LOS ANGELES (Reuters) – Video streaming service Netflix Inc said it intends to raise the monthly subscription price for new customers by $1 or $2 a month to help the company buy more movies and TV shows and improve service for its 48 million global subscribers.
Investors welcomed the announcement by Netflix, which had suffered from a consumer exodus and stock plunge after it announced an unpopular price increase in July 2011. The company’s shares jumped 6.7 percent in after-hours trading to $371.97, after the company released plans for a price hike and posted a rise in first-quarter profit that beat Wall Street expectations.
By Lisa Richwine
(Reuters) – Privately held film and TV studio Relativity Media has offered up to $1.1 billion to buy Maker Studios, whose shareholders are scheduled to vote on Tuesday on a bid by the Walt Disney Co (DIS.N: Quote, Profile, Research), according to a letter provided to Reuters.
Relativity offered $525 million in cash and stock to acquire Maker, one of the largest video production networks on Google Inc’s (GOOGL.O: Quote, Profile, Research) YouTube. It offered an additional $500 million in cash and stock if financial targets are met, plus up to $75 million in stock in a bonus pool for “key talent and executives,” according to the letter to Maker’s board dated Monday.
LOS ANGELES/NEW YORK (Reuters) – Marvel’s red-white-and-blue superhero soared to a second straight box office win in “Captain America: The Winter Soldier,” beating out new animated movie “Rio 2,” the story of a family of Brazilian birds on a trip to the Amazon.
Walt Disney Co’s “Captain America,” which set an April ticket sales record when it opened a week ago, pulled in another $41.4 million from Friday to Sunday at U.S. and Canadian theaters.
LOS ANGELES (Reuters) – Captain America, Spider-Man, the X-Men and Transformers are storming back into movie theaters, returning in sequels to save the world from mass destruction, while at the same time churning out profits for movie studios.
Hollywood will pack 13 sequels into theaters over the next 20 weeks. The parade begins on Friday, when Captain America dons his red-white-and-blue superhero suit for the U.S. debut of Marvel’s “Captain America: The Winter Soldier,” and continues through summer, Hollywood’s most lucrative season.