February 23, 2014 |
Netflix has agreed to pay Comcast to ensure the subscription service's movies and TV shows stream seamlessly in a deal that underscores the power of distribution in the digital era - and could mean higher rates for consumers. The nation's leading online video service and the largest U.S. provider of home Internet access said the agreement is designed to ensure that Netflix subscribers can watch the new season of "House of Cards" and other content free of the pauses and hiccups subscribers have reported in recent months.
December 10, 2013 |
A who's who of famous Internet cats descended upon Hollywood on Tuesday, led by Grumpy Cat, the perpetually sullen-looking feline. Oskar the Blind Cat, Colonel Meow and Nala Cat were also on hand, and Hamilton the Hipster Cat Skyped in for the event at Capitol Records. The cats gathered to unveil a music video, " Hard to Be a Cat at Christmas ," starring all five cats and produced by Friskies. PHOTOS: Top 10 most-talked-about people, topics on Facebook in 2013 The cat food maker will donate one can of wet food for every view of the music video, up to 500,000 views, in the largest one-time donation in the brand's history.
December 2, 2013 |
The Chernin Group has acquired a majority stake in Crunchyroll Inc., an online video company that specializes in Japanese animation known as anime. "Online video is growing faster than any other sector within media, and we feel that with Crunchyroll, we have a fantastic, anchor platform," said Chernin Group Chief Executive Peter Chernin in a statement. Chernin added that he plans to expand the anime segment and enter new genres through additional channels. The Chernin Group said Crunchyroll's senior management will keep a "significant stake" in the company along with its existing investor, TV Tokyo Corp. Financial terms of the sale were not disclosed.
November 16, 2013 |
The online video site Hulu once had ambitions of ushering in the future of television by shaking up the status quo. But under its new management, the site will throw off its old mantle of TV disrupter as it seeks to work in partnership with cable and satellite companies. Veteran Fox television executive Mike Hopkins took over as chief executive less than a month ago, an appointment that signaled the media companies that control Hulu wanted to turn the popular service into a feature offered through pay-TV distributors.
November 12, 2013 |
Sen. Jay D. Rockefeller IV (D-W.Va.), chairman of the powerful Commerce Committee, is introducing a bill aimed at giving a boost to new digital video services that are trying to compete against established pay-television distributors. The Consumer Choice in Online Video Act looks to do for online video services -- known in the media industry as over the top, or OTT -- what the 1992 Cable Act did for the satellite television industry by making sure it has access to programming. "Evidence is growing that some traditional media and broadband companies are attempting to discourage the growth of online video platforms through various anti-competitive practices," said an announcement detailing Rockefeller's bill.
October 23, 2013 |
An Ohio man who admitted in an online video that he had engaged in a night of celebratory drinking then recklessly drove the wrong way, crashing into another car and killing a man, was sentenced on Wednesday to 6½ years in prison. Matthew Cordle, 22, of Powell, Ohio, a suburb of Columbus, was sentenced on two counts, including felony aggravated vehicular homicide, for the June accident that killed 61-year-old Vincent Canzani. The prosecution had sought a maximum sentence of more than eight years in prison while the defense had sought leniency because Cordle had taken responsibility for his actions in a video that went viral.