Hulu backers tipped to buy Providence’s 10% stake

Online TV service Hulu’s studio backers are close to buying out private equity partner Providence according to various reports that surfaced last night. Disney, Comcast and News Corp will reportedly buy Providence’s 10% share in the online catch-up and original programming service for about US$200 million (€150 million). Should a transaction be executed for that […]

Netflix looking to new European launch

US online video service Netflix is gearing up to launch in additional European territories this year following the success of its launch in the UK and Ireland.
 CEO Reed Hastings said that the company was set to return to global profitability in the second quarter of the year and, as a result, would speed up […]

Ofcom warns Competition Commission not to overstate Netflix impact on Sky

UK media regulator Ofcom has urged the Competition Commission not to overestimate the impact of Netflix and Lovefilm on the pay TV market in the UK when considering BSkyB’s allegedly dominant position in the supply of pay TV movies. Ofcom said on Friday that the market impact of the US online video-on-demand service and its […]

Netflix signs UK rights for original series

Netflix has picked up the UK and Irish rights to Nordic mob drama Lilyhammer after striking a deal with SevenOne International. The move follows the launch of Lilyhammer on the streaming service in the United States, marking the company’s first moves into original series. The series will be available on the service after its initial […]

Netflix launches on Windows Phone in the UK and Ireland

Netflix has launched its service in the UK, Ireland and Latin America on the Windows Phone platform. Netflix released an updated, international version of its existing US app for Windows Phone, which it said would significantly increase the number of mobile devices supported by Netflix in its international markets. Netflix is available on all Windows […]

Netflix chief: no need to regulate Sky Movies

US online video service Netflix has called for possible moves to have rival pay TV service BSkyB’s movie channels regulated by competition authorities to be scrapped and said he was prepared for a fair fight with the News Corp-backed service. Netflix CEO Reed Hastings, speaking at the MediaGuardian Changing Media Summit, said that he doesn’t […]

Lovefilm streaming overtakes DVD rentals

The number of films and TV series being streamed via Lovefilm’s online service has rapidly overtaken the number of DVDs, Blu-rays and games being rented by the company. According to the company, the number of films and TV episodes being watched on internet connected devices exceeded the number of DVDs, Blu-rays and Games rented by […]

UK authorities include Netflix, LoveFilm in pay TV probe

The UK Competition Commission has widened the scope of its investigation in to the pay TV movie market in the UK to include streaming services Netflix and Lovefilm. UK pay TV operator BSkyB has lobbied for including these companies in the investigation and the Commission has now confirmed that it will do so, before publishing […]

Netflix is Just For Kids on PS3

Netflix has launched its Just For Kids portal on PlayStation 3 consoles in the UK and Ireland. The curated section targets kids aged 12 years and younger. PS3 can search for titles by character, including Sonic, Johnny Test, Barney, Thomas the Tank Engine and Madeline. Titles are also arranged by genre, including superheroes, princesses, dinosaurs […]

Hulu to sell original series internationally

Online video service Hulu is to start selling its original series to international broadcasters after striking a deal with distributor FremantleMedia Enterprises. This follows Hulu’s aggressive expansion into original content with series including political comedy Battleground, which is produced by (500) Days of Summer director Marc Webb, documentary series A Day In The Life, produced […]