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Saturday, April 22, 2017
netflix Analyst Says Netflix Vulnerable to Streaming Competition

Shares of Netflix Inc. April 21 closed down more than 6% after an analyst warned the Los Gatos, Calif.-based online DVD rental pioneer was susceptible to burgeoning threats from streaming services such as Hulu.com and YouTube.

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Peace Arch Peace Arch Home Entertainment Sold

Peace Arch Entertainment sold its home entertainment operations April 20 to a consortium led by Peace Arch Home Entertainment President Berry Meyerowitz, including Phase 4 Films Inc., owner of the Kaboom Entertainment children’s label.

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tnr Blockbuster Partner NCR Buys Out Kiosk Operator TNR

To expand the number of DVD rental kiosks showing up under the Blockbuster Express brand, NCR Corp. has bought the remaining equity in TNR Holdings Corp., which operates The New Release and MovieCube kiosks.

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amazon Amazon Offers HD Video on Demand

Amazon.com is now offering movies in high-def on Amazon Video on Demand, with titles from Warner Bros., Paramount, MGM, Universal Studios, Summit and Showtime available to rent for $3.99 to $4.99.

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Slumdog Millionaire TVN Has Oscar-Lauded Films

Television on-demand company TVN Entertainment Corp. will release eight of last year’s Academy Award winning and nominated films on VOD between April 21 and the beginning of June.

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