Netflix Forecasts Loss

4:00 PM -- Today on Contentinople:

  • After Netflix cut fourth-quarter revenue and subscriber projections, the company's stock fell 10 percent this morning. Even Roku and Starz can't save the mail-order movie distributor.

  • MediaDefender does a 180 and launches its own P2P streaming solution. Sooooo... actual streaming of video is more lucrative than flooding filesharing networks with fakes?

  • The failure to monetize online video is more than just a mystery. We blame the advertisers.

And in today's News Bits, eBay cuts spending by getting rid of 10 percent of employees, and increases spending, acquiring Bill Me Later and a Danish classifieds company.

— The Staff, Contentinople

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