Looking to expand its options for video content, Verizon has quietly started to emulate DVD video technology in its FiOS television system. This means that its on-demand video offerings will eventually include interactive options such as extra chapters, subtitles or files with information about the actors in a show, just like movie DVDs have offered for years.
News Corp is many things to many people. Its latest incarnation? Pinata.
Everyone is taking a whack at Rupert Murdoch’s international media empire these days as its stock languishes and it gets ready to report second-quarter financial results on Thursday. Newspaper advertising revenue is falling, the movie season hasn’t looked so hot so far, MySpace is unlikely to friend Facebook, the euro and the pound are hurting European operations, DVDs are dying and cable networks revenue doesn’t look like it will be able to compensate.
from Fan Fare:
Netflix Inc <NFLX.O> apparently didn't get the memo: there's a recession on.
The online DVD rental company is aiming for "at least" 12 percent net earnings growth in 2009 and will invest any "surplus profit" -- terms not heard much on Wall Street these days -- in growing its subscriber base and streaming content, Chief Executive Reed Hastings told investors on Monday.
If you thought DVDs’ days were numbered, check this out: even porn DVDs aren’t worth selling. That seems to be the bottom line from Playboy, anyway, which is shutting its DVD operation to save money and focus on online porn (not that playboy.com isn’t full of interesting articles). To get the full scoop, check out our story here.
Too little too late, at least for 2008. Hollywood’s long awaited decision to back a winner in the single next-generation DVD wars didn’t come fast enough to stem a further decline in DVD sales this year, according to Pali Research’s Richard Greenfield.Greenfield now expects consumer spending on DVDs to fall 4 to 5 percent this year, compared to a 2 percent decline in 2007, despite an anticipated tripling of Blu-ray DVD sales this year. Blu-ray won’t start slowing the decline until 2009-2010.Slowing sales of older titles, Wal-Mart’s decision to clean up its aisles by eliminating “dump bins” of discounted titles, and anticipated Internet service bandwidth increases that could boost piracy of video are also expected to pressure sales of physical media.Perhaps there is still time for DVD and Blu-ray to make nice with consumers. Sony’s U.S. chief said consumers prefer physical discs to Internet delivery, and that it could take a decade before downloading hits its stride.(Photos: Reuters / This is what they do to pirated DVDs in Bucharest.)