Welcome to the cable news roundup, T.G.I.F. edition.
Netflix Inc. (Nasdaq: NFLX) is bringing back a DVD-only option for new customers, but it's not about to replay its Qwikster debacle and separate out that part of its business. The company on Thursday announced a new US$7.99 per month service that dedicates access to Netflix's library of 100,000 DVD and Blu-ray titles. Following a series of blunders last year that were low-lighted by much-maligned price hikes, Netflix stock is also on a bit of a comeback, closing at $121.91 on Thursday, up from its 52-week low of $74.25. (See Netflix Kills Qwikster.)
Comcast Corp. (Nasdaq: CMCSA, CMCSK)'s cable unit has promoted Cathy Avgiris to EVP and GM of data and communications services, a role that calls for her to head up the rollout of the MSO's new Verizon Wireless bundles, which are now offered in three markets, and the company's budding Wi-Fi service. Avgiris, a 20-year Comcast vet, will continue to helm the MSO's high-speed Internet and voice services. (See Comcast, VZ Wireless Bundle Up in the Bay .)
Cablevision Systems Corp. (NYSE: CVC) says more than 250,000 of its digital video customers are tuning in to play TAG Games, an interactive, cloud-based service from partner ActiveVideo that features more than 20 casual game titles. Cablevision says customers are spending about 1.7 million hours on the service each month and playing nearly 3 million games a week.
Hulu LLC 's invasion of the world's most popular game consoles is complete following its debut on the Nintendo Wii. The $7.99 per month Hulu Plus video streaming service is already on the Playstation 3 and Xbox 360, and will make it to the portable Nintendo 3DS later this year.