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Sunday, July 23, 2017
Netflix CEO Reed Hastings participates in live video webcast Netflix Goes ‘Live’ With Q2 Earnings ‘Interview’

Despite initial appearances — a second-quarter (ended June 30) net income of $29 million, up $23 million from the previous-year period; revenue above $1.06 billion compared with $889 million last year — investors reacted negatively.

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Miguel Penella RLJ Entertainment Extends CEO’s Contract

RLJ Entertainment July 22 said it has signed an extended employment contract with CEO Miguel Penella that will pay the former Acorn Media executive $500,000 in 2013, with the possibility of an additional $400,000 bonus based on achieving 97% of certain performance objectives, according to a regulatory filing.

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Kaleidescape Cinema One Kaleidescape Aims for Wider Audience With $4,000 Movie Server

Upscale movie server company Kaleidescape July 23 debuted its latest high-end home theater experience, the Cinema One, this one with a markedly lower price point than other company players: $3,995.

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Analyst: Higher Market Share Has Redbox Looking Good

Higher market share — from Netflix DVD attrition, the closing of Blockbuster stores and higher disc capacity at kiosks — should help benefit Redbox when parent company Outerwall (formerly Coinstar) reports its second-quarter financial results July 25, according to an analyst.

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Verizon Offers Watch Disney, Watch ABC to FiOS Subscribers

Verizon has expanded its agreement with Disney and ESPN Media Networks Group to offer several programming line-ups to FiOS TV subscribers, including Watch ABC, Watch Disney Channel, Watch Disney XD and Watch Disney Junior.

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New Releases: July 23, 2013

New releases for July 23, 2013, include 'Trance.'

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