Bragging that you have the largest video library of any web destination site is a pretty bold remark, but if it is true, all the power to the platform. TumTiki is making that claim. TumTiki is a cute name, and the company, owned by Frontier Communications, just launched its online video site this week.
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Glee: One of Hulu's most popular shows
In a short and to the point statement released mid-week, equity owners and Hulu senior management team announced that Hulu was no longer for sale:
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Amazon’s stock climbed 2.3% this morning after the company made the announcement it has signed a deal to stream Fox movies and TV shows like “24″ and “Arrested Development” to Amazon Prime members.
Timing is everything in Hollywood as far as business is concerned. The fact that DreamWorks contract comes as Netflix is trying to navigate through a storm of challenges is not uncoincidental. Competition is getting fierce with Apple, Vudu (Wal-Mart) and Amazon. Now, Blockbuster announced its plan to do both stream and DVD-by-mail service.
Calling it the new Blockbuster Movie Pass will allow customers to stream more than 3,000 movies to a television and more than 4,000 movies to a personal computer.
Flickme is a social streaming startup with a library of more than 1,000 movies for rent or purchase by way of Facebook and Twitter integration. Sony Pictures and Warner Bros. are participating along with the notable venture capital firm Sequoia.
Yahoo! India plans to collaborate with movie production houses to bring thousands of local Bollywood movies online to users for a piracy-free, guaranteeing quality entertainment. Advertisers will have the opportunity to connect with their target audiences through immersive video content.
Netflix’s recognizes that video streaming makes it easier for kids to watch movies on on-demand with a variety of mobile devices. What about the parents? I am sure they prefer DVDs. I wonder if they will subscribe to both plans.
But as the saying goes popularity comes with a price. The company is possibly the biggest source of Internet traffic in North America. As Netflix’s popularity grows so does the rights to stream TV shows, movies and other content to its subscribers, hurting the net profit.
Rumor has it that Netflix has some new international launches on the horizon. It could be only a matter of time before Netflix is streaming in Britain, Mexico and Brazil.
