Redbox Streams After Netflix
Happy Friday, cable gang. Today's cable news roundup takes a look at a new challenge to Netflix Inc. (Nasdaq: NFLX) streaming dominance and a new TV battle brewing between Verizon Communications Inc. (NYSE: VZ) and Time Warner Cable Inc. (NYSE: TWC) in Brooklyn, N.Y.
Coinstar Inc.'s Redbox unit is looking to move beyond kiosk DVD rentals and counter Netflix with a plan to launch subscription-based Internet video streaming by the end of the year. (See Amazon May Target Netflix With Streaming Tilt.)
Verizon is preparing to launch FiOS TV in Brooklyn, N.Y., where it’ll take on incumbent Time Warner Cable. (See Verizon FiOS Gets Flexible.)
The DVB Project is taking control of CI Plus, a common security and interface standard for set-top-free TVs in Europe that shares some similarities to the U.S.'s much-maligned CableCARD. The recently released 1.3 version of CI Plus adds support for video on demand and other advanced features. (See CableCARD's Mid-Course Correction .)
House Republicans passed an amendment aimed at blocking the Federal Communications Commission (FCC) from using funds to implement net-neutrality regulations voted in late last year. (See FCC Chair: Net-Neutrality Rules Don't Cover Peering.)
MediaPost thinks a free Hulu LLC "may not be sustainable" as owners pursue subscription-based TV Everywhere distribution and look to squeeze more revenue from video content through retransmission-consent payments. (See Hulu: 'Virtual MSO' in the Making?.)
"Cord cutting is for babies," The Motley Fool writes in its analysis of Comcast Corp. (Nasdaq: CMCSA, CMCSK)'s fourth quarter, noting that its ability to grow digital video subscribers is more significant than the loss of 135,000 basic video customers. (See Comcast Slows the Bleeding and Comcast CEO Dismisses Cord-Cutting Trend .)
Dish Network LLC (Nasdaq: DISH) has apparently opened a new niche by becoming the first pay-TV operator to launch the Spanish-language version of Baby TV, which features "baby- and toddler-specific learning and entertainment content."
— Steve Donohue, Special to Light Reading Cable