p2pnet - rss feed: Netflix unchains online movies
p2pnet news | Movies:- The threat of competition strikes fear and loathing into the venal hearts of the people who run the entertainment cartels.
Engaging in it means that they’d have to produce product of comparable quality to others, and on a level playing field too.
Oh! The Horror!
But starting today, DVD-rental service Netflix will lift restrictions on its online movie streaming for customers on the $17.00-a-month plan.
Customers on the $5 a month plan will not be so privileged, says says TechCrunch.
And it’s all about competition, forced to the surface by the expected announcement by Apple DRM King Steve Jobs, tomorrow, that iTunes is on the verge of offering movie rentals from most major studios, according to the story.
“The expected price of the iTunes rented movies is $3.99 each, putting Netflix is a competitive position for high value regular movie watchers,” it says, going on that before this, Netflix flicks were capped at 17 hours of streaming per a month.
But, “I’m not sure this would be economically viable for Netflix in the long-term,” said Zatz Not Funny, continuing:
“However, I can’t imagine them rescinding the feature once received.”
Earlier in the month, Netflix and South Korea’s LG Electronics said they’ll be marketing LG set-top box to deliver movies online so uses can watch them on their TV screens.
It’ll be expensive, though, coming in at a predicted $800 per unit.
Also See:-
TechCrunch - Facebook’s Zuckerberg on 60 Minutes, January 13, 2008
Zatz Not Funny - Netflix Offers Unlimited Online Viewing, December 28, 2007
predicted $800 per unit - Netflix - on your TV, January 3, 2008
Use free p2pnet newsfeeds for your site. It’s really easy.
Subscribe to p2pnet.net
| | rss feed: http://p2pnet.net/p2p.rss | | Mobile - http://p2pnet.net/index-wml.phpNet access blocked by government restrictions? Use Psiphon from the Citizen Lab at the University of Toronto. Go here for details. Download here.
