Tag - Qwikster
Netflix confirmed Friday that it had bought the domain DVD.com. Using frequent anonymous domain registrar MarkMonitor, it now has the easy-to-remember web address automatically redirecting to dvd.netflix.com. The domain deal was described unusually by a spokesperson talking to Domain News Wire as helping to preserve the roughly 15-year-old disc format.
Netflix's CEO Reed Hastings in the call discussing his company's fall 2011 results reaffirmed suspicions that the company was no longer working on video game rentals. The decision to cancel the Qwikster spinoff had also ended plans to rent games at the same time. The still-united company would be focused solely on its movie and TV businesses.
Netflix saw the fuller consequences of its more controversial decisions on Wednesday with results from the fall. The company added more streaming customers than it expected, 220,000, but the "continued impact" of its price hike for those keeping DVDs and streaming led to it shedding 2.76 million disc subscriptions. These, along with the costs of expansion outside of the US, dragged Netflix's profit down 13 percent year over year to $41 million.
Netflix on Friday shook up its executive staff in an attempt to control its image. Its 12-year chief marketing officer Leslie Kilgore would join the board as a regular director and was taking on marketing VP Jessie Becker as a temporary replacement. It was also appointing a new COO, former Disney communications head Jonathan Friedland.
A new Citi Investment Research study from analyst Mike Mahaney points to Netflix still increasing its share of Internet movie and TV viewing. Between May and December, Netflix's share of those watching movies on TV grew from 20 to 27 percent. Most of that came at the expense of Hulu, which was down from 19 percent to 15.
Fox and Imagine Television confirmed a major deal on Friday to get new episodes of Arrested Development. The agreement outlined by Variety would revive the cult hit TV show starting from early 2013. It reportedly won out in a fierce bidding competition with traditional TV that included Showtime, among others.
Netflix faced a tough end of the year after tough results and a more difficult fall. It lost 800,000 subscribers in the US over a combination of its price hikes for those who want to both stream and watch DVDs as well as the flip-flop on Qwikster. It ended up with 23.79 million total US customers, lower than the 24.5 million most market watchers had predicted.
Netflix chief Reed Hastings revealed in a post Monday morning that the company was reversing course on its decision to spin out its physical disc business as Qwikster. He positioned it as a direct reaction to an outcry from subscribers, who thought that the decision made access unnecessarily complicated. He didn't say whether this would drop plans for video game rentals but was direct.
Dish Network made a bet on Internet video Friday with Blockbuster Movie Pass. The service bundles satellite TV with mailed movie, TV, and game rentals as well as Internet streaming. Pitched as a rival to Netflix and Qwikster, it takes advantage of the Blockbuster rights and TV streaming to give a wider catalog of Internet video; 10,000 movies in total will stream to TVs and computers, including from Starz and others who have held out on Netflix to shelter their TV business.
Netflix chief Reed Hastings in a statement late Sunday revealed that the company was forking its traditional physical disc service out under the Qwikster name. All Blu-ray and DVD rentals will now go under the new banner while Netflix is reserved solely for Internet streaming. While the service will give users two account locations, it should also provide a route for significant improvements now that disc rentals have a dedicated team, Hastings said.
Now AAPL Stock: 154.09 ( + 0.75 )
Cirrus creates Lightning-headphone dev kit
Apple supplier Cirrus Logic has introduced a MFi-compliant new development kit for companies interested in using Cirrus' chips to create Lightning-based headphones, which -- regardless of whether rumors about Apple dropping the analog headphone jack in its iPhone this fall -- can offer advantages to music-loving iOS device users. The kit mentions some of the advantages of an all-digital headset or headphone connector, including higher-bitrate support, a more customizable experience, and support for power and data transfer into headphone hardware. Several companies already make Lightning headphones, and Apple has supported the concept since June 2014. http://bit.ly/29giiZj
Apple Store app offers Procreate Pocket
The Apple Store app for iPhone, which periodically rewards users with free app gifts, is now offering the iPhone "Pocket" version of drawing app Procreate for those who have the free Apple Store app until July 28. Users who have redeemed the offer by navigating to the "Stores" tab of the app and swiping past the "iPhone Upgrade Program" banner to the "Procreate" banner have noted that only the limited Pocket (iPhone) version of the app is available free, even if the Apple Store app is installed and the offer redeemed on an iPad. The Pocket version currently sells for $3 on the iOS App Store. [32.4MB]
Porsche adds CarPlay to 2017 Panamera
Porsche has added a fifth model of vehicle to its CarPlay-supported lineup, announcing that the 2017 Panamera -- which will arrive in the US in January -- will include Apple's infotainment technology, and be seen on a giant 12.3-inch touchscreen as part of an all-new Porsche Communication Management system. The luxury sedan starts at $99,900 for the 4S model, and scales up to the Panamera Turbo, which sells for $146,900. Other vehicles that currently support CarPlay include the 2016 911 and the 2017 models of Macan, 718 Boxster, and 718 Cayman. The company did not mention support for Google's corresponding Android Auto in its announcement. http://bit.ly/295ZQ94
Apple employees testing wheelchair features
New features included in the forthcoming watchOS 3 are being tested by Apple retail store employees, including a new activity-tracking feature that has been designed with wheelchair users in mind. The move is slightly unusual in that, while retail employees have previously been used to test pre-release versions of OS X and iOS, this marks the first time they've been included in the otherwise developer-only watchOS betas. The company is said to have gone to great lengths to modify the activity tracker for wheelchair users, including changing the "time to stand" notification to "time to roll" and including two wheelchair-centric workout apps. http://bit.ly/2955JDa
SanDisk reveals two 256GB microSDXC cards
SanDisk has introduced two 256GB microSDXC cards. Arriving in August for $150, the Ultra microSDXC UHS-I Premium Edition card offers transfer speeds of up to 95MB/s for reading data. The Extreme microSDXC UHS-I card can read at a fast 100MB/s and write at up to 90MB/s, and will be shipping sometime in the fourth quarter for $200. http://bit.ly/294Q1If
Apple's third-quarter results due July 26
Apple has advised it will be issuing its third-quarter results on July 26, with a conference call to answer investor and analyst queries about the earnings set to take place later that day. The stream of the call will go live at 2pm PT (5pm ET) via Apple's investor site, with the results themselves expected to be released roughly 30 minutes before the call commences. Apple's guidance for the quarter put revenue at between $41 billion and $43 billion. http://apple.co/1oi1Pbm
Twitter stickers slowly roll out to users
Twitter has introduced "stickers," allowing users to add extra graphical elements to their photos before uploading them to the micro-blogging service. A library of hundreds of accessories, props, and emoji will be available to use as stickers, which can be resized, rotated, and placed anywhere on the photograph. Images with stickers will also become searchable with viewers able to select a sticker to see how others use the same graphic in their own posts. Twitter advises stickers will be rolling out to users over the next few weeks, and will work on both the mobile apps and through the browser. http://bit.ly/29bbwUE