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Wednesday, April 26, 2017
Reed Hastings Manifesto: Good-Bye Linear TV

Netflix co-founder and CEO Reed Hastings April 25 released an 11-page essay, called “Netflix Long Term View,” underscoring his longstanding belief that Internet-delivered entertainment will steadily usurp broadcast television, among other changes to traditional distribution channels.

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Coinstar Revenue Up, Earnings Down

Redbox parent Coinstar April 25 reported slightly higher revenue but a drastic drop in profit for the first quarter of 2013, partially attributed to the initial investment in the joint venture streaming service Redbox Instant by Verizon launched in late March.

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Coinstar to Change Name to Outerwall

Redbox parent Coinstar plans to change its name to Outerwall, to better reflect its change from a coin-counting business to multiple automated retail businesses.

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Netflix Coming Into Focus

Every company needs a laser focus on its vision and market, and perhaps Netflix is solidifying its own.

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TWC CEO: Aereo TV Case Could Head to U.S. Supreme Court

Time Warner Cable chief executive Glenn Britt said legalization of Aereo TV, the subscription service that enables users to stream broadcast television programming via mini antennae to portable devices, would be a boon to cable operators while delivering a death knell to retransmission fees generated by media companies.

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