Reed Hastings: “We Expect DVD Subscribers To Decline Every Quarter … Forever”

After some fairly sizable blunders last summer , Netflix suffered for the remainder of 2011, losing money and subscribers. Perhaps surprising many, Netflix bounced back today in its fourth quarter earnings -- in spite of the fact that it will continue experiencing losses throughout 2012 thanks to the costs of rolling out its service internationally.

Feds Shut Down 16 Illegal Sports Streaming Websites

Federal authorities were hard at work on Thursday when they shut down 16 websites attributed to streaming illegal copies of major sporting events as the happened live. Criminal charges have been brought against each of the websites owners including one Michigan man who ran nine of the 16 websites.   After the sites were seized [...] Feds Shut Down 16 Illegal Sports Streaming Websites is a post ...

Netflix Q4 Earnings Beat The Street, But Next Quarter May Be A Different Story

Saying 2011 was a rocky road for Netflix would be an understatement, as it split its DVD and streaming offerings into two businesses, then reneged. They also hiked their prices, only to experience a veritable customer revolt, and CEO Reed Hastings was forced to publicly say that they'd made a huge mistake . Today, Netflix has released its fourth quarter earnings from 2011, and it looks like ...

Partner, Investor: Japan’s Top Social Network Mixi Backs Video Startup ShortForm

Back in March of last year, we wrote about how video curation seemed to be growing up, or at least taking some strides forward. Its progress being evidenced in part by a young startup called ShortForm , a social network for video jockeys. Or, better said, ShortForm is attempting to let all those video enthusiasts out there create and curate their own personalized channels of web video, pulling ...

Ooyala Brings Free, Live Coverage Of The Australian Open To The Web (For The First Time)

Tennis anyone? You have to love this. Realtime event coverage startup Livestream recently brought commercial-free, streaming coverage of New Year's Eve in Times Square to the Web. If you caught more than a few minutes of network TV coverage of NYE, you would have been subjected to the ungodly number (and frequency) of ads. Livestream's commercial-free coverage was a welcome respite. This morning ...