Netflix's Internet video service has landed the U.S. rights to show Disney movies shortly after they leave theaters, a coup that could turn into a costly mistake if the deal doesn't bring in more customers.
Amazon.com's Internet video library is gaining more box-office appeal under a licensing deal with Epix that threatens to undercut Netflix leadership in a growing market that's transforming the entertainment industry.
To the ranks of New Coke and the Edsel, we can now add Qwikster.
To the ranks of New Coke and the Edsel, we can now add Qwikster.
Netflix's negotiations to keep a key piece of its Internet video library have collapsed, dealing a major blow to the largest U.S. video subscription service as it raises the prices for most of its 25 million customers. The setback triggered a nearly 9 percent drop in Netflix Inc.'s stock price.
Netflix's negotiations to keep a key piece of its Internet video library have collapsed, dealing a major blow to the largest U.S. video subscription service as it raises the prices for most of its 25 million customers. The setback triggered a nearly 9 percent drop in Netflix Inc.'s stock price.
Viacom Inc. posted a nearly 52 percent increase in its second-quarter profit thanks to cost cuts and higher cable revenue, but a Janney analyst downgraded its shares Friday saying the ad recovery that helped boost results is already well known.
