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Tuesday, July 25, 2017
Netflix Q2 Income Drops 91%

Netflix July 24 reported second-quarter (ended June 30) net income of $6 million, which was 91% less than the $68 million profit reported during the previous-year period.

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Apple Reports Q3 Profit of $8.8 Billion

Apple reported revenue of $35 billion and a profit of $8.8 billion for its fiscal third quarter, up from $28.6 billion and $7.3 billion, respectively, during the same quarter last year.

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Redbox Launches ‘Redbox Instant by Verizon’ Brand

Redbox July 24 inched closer to offering digital rentals with the beta rollout of a brand name, website and management team for its joint venture with Verizon Communications.

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Netflix: ‘We Have Pulled Ahead’ of LoveFilm in Streaming

Despite having launched a streaming service in the United Kingdom and Ireland just six months ago, Netflix says it has surpassed London-based LoveFilm Instant to become the leader in Europe’s SVOD market.

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A Brief 'Trek' to Theaters

Merchandising: To herald the debut of 'Star Trek: The Next Generation — Season One' on Blu-ray July 24, the marketing team at CBS Home Entertainment teamed with the folks at Fathom Events to bring two episodes of the remastered series into theaters July 23.

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