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Netflix beat expectations with Q3 revenue of $1.11 billion -- up from the $905 million it reported in the same quarter a year ago. At first, investors seemed energized -- they sent the stock soaring to a daily high of $389.16 on Tuesday. It was another boost for a company that has already been one o...
Sony's PlayStation 3 video game console showed in September that it still was able to pack a bit of a punch, dethroning Microsoft's Xbox 360, according to the NPD Group. The Xbox 360 had been the top-selling video console for 32 straight months since January 2011. The Xbox 360 also passed a signific...
Supercell has closed on a round of funding totaling $1.53 billion. SoftBank and GungHo Online Entertainment made the joint investment. The two companies will hold 51 percent of Supercell's outstanding voting stock. Supercell creates games for mobile and tablet platforms on the free-to-play business ...
Netflix may be angling to provide streaming content to cable subscribers. It apparently is exploring deals with Comcast and Suddenlink Communications to launch an app for set-top boxes. Netflix streams its content through Web-connected TVs; media players such as Apple TV and Roku; video game consol...
Aereo, the upstart TV streaming company that's giving the broadcasting industry dyspepsia, has won yet another court case against broadcasters. Judge Nathaniel M. Gorton of the U.S. District Court for the district of Massachusetts ruled this week denying the motion of Hearst Stations, doing business...
Comcast is teaming up with Twitter to launch a new feature that will allow Twitter users to tune into live TV shows via the social network, making the site a go-to spot for television conversations and viewing. Dubbed "See It," the feature unveiled Wednesday allows Twitter users to control their set...
Nielsen on Monday rolled out Nielsen Twitter TV Ratings, a service it says is the first-ever measure of the total activity and reach of TV-related conversation on Twitter. Nielsen Twitter TV Ratings measure not only "authors" -- or the number of people tweeting about TV programs -- but also the mu...
Scribd announced Tuesday that HarperCollins has become the first major publisher to join its monthly e-book subscription service. Scribd launched the e-book service earlier this year with a handful of smaller publishers including RosettaBooks and Sourcebooks. Since then, it has grown more than 60 pe...
To one who has been predicting the demise of print media for over five years, it might seem odd that such a techie as Amazon CEO Jeff Bezos would buy The Washington Post. Why, even this past November, Bezos said in an interview, "one thing I'm certain about: There won't be printed newspapers in 20 y...
Facebook reportedly will begin providing TV broadcasters with data about the chatter their shows are inspiring on the site. Facebook is in fierce competition with Twitter to become the primary destination for second-screen users to post their reactions and engage with others while watching TV series...
AOL on Monday launched a limited version of Gathr, which aggregates online services for subscription at discounts of up to 60 percent of what they would cost on their own. Monthly subscriptions to prebundled packages start at $15, and some come with a bonus $10 Amazon gift card. Alternatively, con...
Amazon on Wednesday announced the Kindle Fire HDX, the third generation of its line of tablets. It comes in 7-inch and 8.9-inch versions and has an HDX display, a quad-core 2.2 GHz processor, more memory and dual stereo speakers. It includes free 24x7x365 tech support and a host of new features. Ama...
RealNetworks on Tuesday announced RealPlayer Cloud, a new service that allows users to upload video files to the company's servers and then view and share them across devices. Billed by the company as the first integrated video player and cloud service, RealPlayer Cloud automatically transforms vide...
Netflix unveiled its SpoilerFoiler app Monday, a tool designed for Breaking Bad fans who want to scan their Twitter feeds without encountering any show spoilers. Twitter users who log in via SpoilerFoiler get a normal view of their Twitter news feed, except that any tweet containing words about the ...
Twitter reportedly is in talks with TV networks and advertisers in advance of its IPO, which is expected later this year. Twitter executives are meeting with TV industry reps during the AdWeek conference in New York City this week. Twitter wants to strengthen its revenue flow through partnerships le...
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