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Netflix bets on online streaming, shells out $115M for content
Video rental and streaming service Netflix paid about $115 million in its most recent quarter to acquire new content for its online streaming video library, according to its earnings reports released...
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Premium streaming video 3, YouTube 0: China's Tudou preps for IPO
Tudou, the number two streaming video site in China, is planning to file an initial public offering to raise up to $150 million on the tech-heavy NASDAQ Composite stock market. The Chinese streaming...
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LiveU raises $11M to market its video-streaming-station-in-a-backpack
LiveU, which develops ways to transmit live video streams over wireless networks, announced today that it has raised $11 million in its third round of funding led by Pitango Venture Capital. It’s...
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Vudu movie streaming arrives on the PlayStation Network
Game consoles are becoming the portals to entertainment in the home. The latest evidence of that is the impending launch of the Vudu on-demand movie-streaming service on Sony’s PlayStation Network. On...
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S&P 500 index welcomes Netflix, boots the New York Times
Out with the old, in with the new. Netflix, a subscription service for mail-order and streaming movies, has joined some of the largest and most prominent companies in the world on the Standard &...
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New Apple TV sales nearing 1M, but rival Roku is keeping up
The hype around Apple’s $99 revamped Apple TV seems to have died down, but it looks like sales haven’t, as it’s set to cross one million units sold later this week, according to Apple. But that’s not...
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Netflix confirms deal to launch Kevin Spacey series via video streaming
Netflix has confirmed a deal to air an original television series starring Kevin Spacey on its internet streaming service in a deal that changes the game for traditional TV programming. Under the deal,...
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Dish Network buys Blockbuster for streaming video and kiosks
Dish Network landed the winning bid, valued at around $320 million, for Blockbuster in its bankruptcy auction. The company actually expects to pay around $228 million in cash — after “certain...
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HBO's Go streaming service coming to iPad, iPhone and Android
Current subscribers of HBO will soon be getting more for their monthly fees tacked on to cable bills. The premium cable company’s programming will soon be available to stream on tablets and mobile...
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Netflix now accounts for 25% of North American Internet traffic
If for some reason you need further convincing that Netflix is taking over our lives, you only need to look at Sandvine’s latest report, which shows that the video streaming company is now the biggest...
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Facebook Connect causes identity crisis for Hulu users
When streaming video site Hulu announced it was adding a new, first-of-its-kind feature (one that will become a staple going forward), it was not talking about giving its users the ability to access...
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YouTube’s gorgeous, Hulu-like redesign makes videos pop
YouTube is testing a gorgeous new redesign of its website called Cosmic Panda, which features an overhauled user interface, less white space and additional customization of YouTube channels. Despite...
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Meet Roku 2: a video streaming box with motion-controlled gaming (video)
Roku, a company that produces boxes that stream web content to televisions, announced today that it is unveiling a new lineup of devices that feature games and motion controllers. The company’s...
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Updated: Netflix expects subscriber growth to slow in Q3
[Update: Added additional information from the company's quarterly conference call.] Video streaming site Netflix’s recent rate hike has slowed the site’s growth substantially. The site expects to add...
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Netflix CEO: “We’re gonna thrive on streaming only”
Netflix CEO Reed Hastings said in a conference call to discuss second-quarter earnings that the online-video giant plans to focus on a “streaming only” future after separating its mail-order DVD...
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Roku grabs $8M, weeks after releasing Roku 2
Roku, a device that streams web content to televisions, has collected $8 million in funding, according to a form D filed with the SEC today. Roku confirmed the round and its lead investors Globespan...
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Cheer and jeer broadcasters (until you boot them off) with YouNow
YouNow, an online video streaming application where you vote on broadcasters to keep them on the air or boot them off, launched today at the TechCrunch Disrupt 2011 conference in San Francisco. If you...
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ABC News hooks up with Yahoo to stream its news content online
ABC News will begin distributing its news content through Yahoo, it announced today. The partnership with ABC News would be a return to form of sorts for Yahoo, which was originally born as a portal...
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Roku 2 XS and XD to be sold at Target retail stores
Roku announced today it will be selling its Roku 2 XS and XD video streaming set-top devices at major retail chain Target. The Roku 2 XS will sell for $100 and the XD for $80. Both are online prices....
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Hulu lands exclusive digital syndication rights to TV comedy ‘Community’
Hulu and Netflix are embroiled in a melee over digital content rights to the most popular TV shows. Friday, Hulu landed a blow by announcing that it is now the exclusive digital syndication partner for...
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