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DirecTV is in advanced talks to be Hollywood’s first partner for early video-on-demand, a plan that is putting it in the cross hairs of the nation’s top theater chains.
People familiar with the matter said the satellite TV company would likely be the first distributor to launch so-called premium VOD, through which consumers would pay about $30 to rent a movie via the Internet or cable 60 days after it opened in theaters and at least a month before it would become available on DVD.
Motorola Mobility, the soon-to-be-independent division of Motorola Inc. that makes mobile devices, has acquired a California technology start-up that specializes in delivering music and video on demand.
Terms of the deal with Burlingame, Calif.-based Zecter Inc. were not disclosed. Motorola Inc. is separating into two companies on Jan. 4, becoming Motorola Mobility and Motorola Solutions. Motorola Mobility encompasses mobile devices and cable TV set-top boxes, while Motorola Solutions comprises communications equipment for government, public safety and industrial users. Each company will be publicly traded on the New York Stock Exchange. Get the full story »
Netflix Inc. on Wednesday said its third-quarter net income grew as the online movie rental company continued to attract subscribers, particularly to its Internet streaming service.
The company also raised its subscriber growth forecast for the current quarter, sending shares higher in after-hours trading.
(AP Photo/Damian Dovarganes)
Oakbrook Terrace-based Redbox is adding video games to its $1 a night DVD-rental kiosks in Chicago this month as part of an expanded video game test pilot.
Kiosks will be stocked with games for Wii, Playstation and Xbox 360, the company said, in select markets in the West, Midwest and Atlantic coast regions and are available for $2 per night.
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