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Tuesday, May 30, 2017
CEO Reed Hastings at Code Conference Reed Hastings Says Grandfathering in Qwikster Would Have Worked

In addition to a surprise revelation about social media’s heretofore limited impact on Netflix (“Auto-sharing [on Facebook] hasn’t yet panned out”), when asked why Netflix has turned a cold shoulder toward its pioneering and lucrative by-mail disc rental business, CEO Reed Hastings admitted packaged media is “clearly a hard problem” to deal with.

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Lionsgate Ups Managed Brands Home Entertainment Revenue 20%

Sales of fitness titles, children’s programming and direct-to-DVD fare increased 20% in Lionsgate’s fiscal year, ended March 31. Home entertainment revenue for the fiscal year from both motion pictures and television declined 11% to $863.9 million, from $964.1 million, due primarily to fewer releases.

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Warner Selects Six Startups for Media Camp

Warner Bros. has picked six up-and-coming companies for its second annual Media Camp accelerator program, which pairs entrepreneurs in the media and entertainment space with studio executives for three months, with the goal of creating new products and technologies.

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Dish to Accept Bitcoin as Payment

Starting in July Dish Network will begin accepting Bitcoin — the controversial peer-to-peer payment system and digital currency — as payment from its pay-TV subscribers.

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Jack Ryan: Shadow Recruit (Blu-ray Review)

'Shadow Recruit' isn’t quite at the level of the earlier "Jack Ryan" films, but it should provide a nice diversion to enthusiasts of the character. (Street Date 6/10/14)

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