Americans spend 146 hours and 20 minutes parked in front of TVs, according to new data from Nielsen. And almost half of all consumers — 48% — now watch videos on the Internet. Typical Internet viewership is 4 hours and 26 minutes per month, up 15% from a year ago.
Netflix continued its recent tightening and price-raising by making it so there can only be one streaming video feed per account. UPDATE: Netflix has clarified and said that all accounts can support at least two concurrent streams. The users who saw/heard that they could only have one stream were experiencing a glitch which Netflix is fixing.
To say sorry for a outage to their streaming service on Sunday night, Netflix sent around an apology email this morning with a link to click on to get 3% credit off your next bill. Reader Stephen says, “Interesting that Netflix is willing to offer the discount but only to those who open the email and click the link. Wouldn’t the right thing be to give the discount to everyone?”
Netflix was sitting around looking at its money when it realized that it didn’t quite have enough to do the whole Scrooge McDuck swimming maneuver, so the video giant has come up with an idea: “family plans” that allow you to stream more than one program at once.
ABC, Fox and NBC created Hulu in order to get ahead in the web streaming game, but may have been too successful. Now that more viewers are becoming comfortable with catching their favorite shows online rather than through traditional means, Hulu may be hurting the companies’ bottom lines.
Interviewed on Charlie Rose, Disney CEO Bob Iger addressed the decline of one of the company’s former cash cows. The days of people collecting DVDs like baseball cards have apparently passed, but there’s still a little life left in the market, he says.
Redbox wants to be the new Netflix, and the company is stepping into the realm of video streaming.
Apple has this great new idea: App developers will pay the company 30 percent of in-app sales, including subscriptions. Also, Apple alone gets to keep the customers’ name and contact info, requiring third parties to ask users to opt in to sharing the info with them. Well, the initiative is great for Apple, but not so much for others who may see a hefty cut in their revenues.
There are only so many monthly fees people are willing to pay to watch movies at home, and Netflix’s options seem to be dominating those of premium channels.
On Tuesday night Netflix suffered another temporary streaming outage. This late afternoon they once again apologized by sending out customers an email offering a 2-3% reduction off their bill or an extension of their free trial. You’ll have to click on the link in the email to claim the credit. Hey, if Netflix keeps going at this rate, soon we’ll end up with a free month!
Not content to beckon to you subliminally from its kiosks planted in heavily trafficked areas, Redbox’s corporate parent Coinstar announced it will launch a streaming service next year. Teaming with an unannounced partner, the instant rental service will go head to head with the Netflixes and Hulus of the world.
Currently in its testing phase, Hulu Plus let subscribers who shell out $10 a month while willing to sit through ads watch its meager programming on the PlayStation 3, iPhone and other devices.
Netflix is now an online content streaming company that has a nice little side business in mailing DVDs, according to CEO Reed Hastings.
Staci D. Kramer at mocoNews tested Hulu Plus, the forthcoming “pay us $10 a month to watch commercials” subscription offering from Hulu, and reports that it’s okay-to-disappointing depending on your needs: “Given that I’m a subscription addict, I was fairly sure I’d wind up keeping it after my free review month. One week in, not so much.”