Another quarter, more stellar results for Netflix, which ended the first quarter (ended March 31) adding 2.25 million domestic subscribers to a global base of more than 48 million subs (35.7 million in the U.S.). Price hike up $2 for new members coming by the end of the month.
Seventy-five percent of connected-TV app users said video apps are essential to their TV viewing, according to new data from The NPD Group. Another 63% said TV Everywhere apps from their pay-TV operators was important to them.
While Hastings Entertainment has seen rentals of movies and TV shows decline due to growth in subscription streaming and Redbox kiosks, it continues to generate revenue from the sale of packaged media.