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Tuesday, May 17, 2011
Netflix, Miramax Ink Streaming Deal

Netflix May 16 said it signed a multiyear distribution deal with Miramax that will allow its 23 million subscribers to stream hundreds of Miramax titles beginning next month.

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Netflix Goes to Washington

Netflix lawyers have sent a detailed 35-page letter to Julius Genachowski, chairman of the Federal Communications Commission, outlining the Los Gatos, Calif.-based company’s aversion to the House of Representatives’ proposed reversal of the FCC’s recent open Internet (Net neutrality) order, among other concerns.

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Hastings Posts Decreased Q1 Profit

Hastings Entertainment Inc. May 16 cited a decline in strong box office rental and sellthrough titles for contributing to first-quarter (ended March 31) income of $413,000 — down almost 60% from income of $1 million during the same period last year.

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PlayStation Network Back Online

Sony Corp. and Sony Computer Entertainment began restoring PlayStation Network and Qriocity services May 14, adding new security measures after a mid-April hacker attack compromised the information of millions of users.

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New Releases: May 17, 2011

New releases for May 17, 2011, include 'The Roommate' and 'The Rite.'

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