Netflix is employing a multi-pronged approach to growing its streaming library: Get long-tail content on the cheap, pay top dollar for popular programming that will draw new users, and make some… Read more »
Global Gaming Factory X Chairman Resigns; Magnus Bergman submitted resignation on Friday, follows the departure of other board member Johan Sällström and adviser Wayne Rosso, and comes after trading of GGFX’s… Read more »
FOX Tries to Find “Gleeks;” network rolls out a sweepstakes that awards people for pushing the show on social networks. (Did no one at FOX know that “Gleeking” is spitting, though?)… Read more »
Comcast Prepping Big Media Buy? Investors concerned the company is hoarding cash for an acquisition in the same vein as its 2004 attempt to purchase Disney. (Reuters) Q&A With Boxee Investors;… Read more »
Sony’s Q2 Sales and Operating Revenue Down 19.2%; sales of Bravia LCD TVs dropped 27 percent; company blamed poor quarter on bad global economy and appreciation of the yen. (The Wrap)… Read more »
Brand.net Raises $10 Million; ad network gets money from Norwest Venture Partners and previous investor InterWest Partners. (CNET) Animoto comes Out of Beta; photos-to-videos company celebrates its one-year anniversary, says it… Read more »