Last week we reported that pay TV operators Time Warner Cable and DirecTV had joined the group of potential Hulu suitors. Over the weekend, it was reported that Yahoo has bid $600-$800 million for the premium video site. The range is based on a number of circumstances including the length of content licensing rights and the amount of control programming companies have over their media. The bid comes amidst plans by Yahoo for other possible acquisitions. Continue reading Yahoo Latest to Pursue Hulu with $600-$800 Million Bid

“Downloaded” is a new documentary that examines the rise and fall of music file-sharing service Napster. The film tells the story of Napster co-founders Shawn Fanning and Sean Parker while providing details of the service’s launch in 1998 through its eventual 2011 acquisition by Rhapsody. It examines the downloading generation, resulting changes to the music industry, piracy and legal arguments, and the impact of services such as Spotify and iTunes. Continue reading Napster Documentary: The Music, the Battle, the Revolution

The Entertainment Technology Center @ USC will announce the launch of “Production in the Cloud” today, a new project that brings together key media and cloud-resource leaders to develop guidelines and accelerate innovation and adoption of next-gen cloud-based content creation, production, and distribution tools and processes. Senior executives from the six major studios in coordination with Rackspace, EMC, EVault, Dell and other cloud companies convened recently to serve as governing body to collectively guide this process. Continue reading ETC Announces Launch of Production in the Cloud Project

Successful YouTube channel Machinima recently launched an app for Xbox Live. The move is notable for the video entertainment channel, which is already available on iOS and Android apps, since it marks the first significant expansion to a distribution network beyond YouTube. Additionally, it marks the first time that Microsoft has introduced an app in all 41 of its global Xbox Live markets simultaneously. Continue reading Machinima App for Xbox Live: Reaching Beyond YouTube

Veteran television writer/director/producer Ken Levine suggested on his blog last week that Big Hollywood has no business financing projects via Kickstarter, an approach he believes should be reserved for the little guy. He references actor/filmmaker Zach Braff, who has raised nearly $2.6 million through the crowdfunding site to finance “Wish I Was Here,” his follow-up to “Garden State.” Levine believes offering Braff money “defeats the whole purpose of Kickstarter.” Continue reading TV Veteran Questions Value of Kickstarting Known Artists

Amazon is reportedly moving beyond its Kindle tablet line with the development of multiple CE devices aimed to compete more directly with Apple and Google. According to people familiar with the plans, the company is developing a range of new devices including two smartphones and an audio-only streaming device. The e-commerce giant is also working on its own set-top box for streaming video content. Continue reading Amazon Developing STB, Smartphones and Other Devices

During a Q3 earnings call Wednesday, News Corp. COO Chase Carey discussed how Fox has experienced significant growth in home video due to digital downloads. Carey cited digital rentals and downloads via sites such as iTunes and Amazon as the primary contributing factor. He also suggested that in a few years “Hulu will look a bit different than it does today,” in order to compete with Netflix. Continue reading Exec Credits Digital Downloads for Fox Home Video Growth

BitTorrent announced the BitTorrent Bundle earlier this week, a new format that provides access to free content in addition to a gateway to other material. It offers content creators a new means of distributing and monetizing their work outside the confines of traditional methods. BitTorrent continues its efforts to transform the file-sharing software into a legitimate platform for movies and music. Continue reading BitTorrent Bundle Provides New Options for Content Creators

The theme for Disney’s presentation during last week’s Digital Content NewFronts in New York City was “the art of interactive storytelling.” Disney Interactive announced 10 new online original series and the forthcoming “Story” app that helps parents share user-generated stories online. The company also promoted its successful YouTube ventures and a music deal with Vevo. Continue reading Digital NewFronts: Disney Interactive Announces New Series

Google is reportedly getting ready to launch an à la carte subscription service for some of YouTube’s video channels, as part of an initiative to finance a wider range of content and secure an additional revenue stream. According to those familiar with the plan, the move will initially include as many as 50 “specialist” channels, which will be available to viewers via subscriptions for as little as $1.99 per month. Ad Age reported earlier that YouTube would look to keep 45 percent of subscription-based revenue. Continue reading Google Readies Subscription Service for YouTube Channels

Actress Kristen Bell may soon become the poster child for a new era of film production and distribution. Following the success of a new “Veronica Mars” project crowdfunded via Kickstarter, which reached its $2 million goal in just 10 hours, Bell’s upcoming indie film “Some Girl(s)” is slated for a June 28 release in theaters and online through Vimeo’s new VOD platform. This could mark another change in the digital distribution of media. Continue reading Vimeo On Demand Gets Exclusive Distribution of New Movie

Last week, filmmaker Steven Soderbergh dissected the business of making movies when he spoke on the current state of cinema at the San Francisco International Film Festival. Soderbergh, who has achieved success in both the Hollywood system and the independent arena, spoke at length about the challenges faced by today’s artists to get their movies screened in theaters. Based on unprecedented demand, Soderbergh gave The San Francisco Film Society permission to post his keynote video and transcript in its entirety. Continue reading Soderbergh Distinguishes Between Cinema and Movies

Home entertainment server maker Kaleidescape opened its own download store for HD movies this week. This new system lets users download “Blu-ray quality” versions of movies that can then be played through Kaleidescape or on the Web and through mobile devices via UltraViolet. However, there is a concern regarding the amount of data each download will consume, as each movie can average around 50GB. Continue reading Kaleidescape Launches Download Store for HD Movies

Netflix is clearing nearly 1,800 movies from its library this week. The service is dropping certain titles due to expiring licensing deals with studios MGM, Universal and Warner Bros. The list is largely comprised of lesser known, older titles and is not being viewed as significant as when Netflix lost many newer films after it failed to renew its streaming agreement with Starz. However, the move may still be seen by some as a sign of future change. Continue reading Netflix Loses Almost 1,800 Movies from Streaming Catalog

Hulu announced yesterday that it has doubled its number of paid subscriptions to four million over the last year. The announcement was made Tuesday morning during the Digital Content NewFronts in New York. The company said it set a new revenue record in the first quarter, but did not specify the amount. Hulu also announced its third and most ambitious wave of original programming that will debut exclusively on the video site this year. Continue reading Hulu Doubles Paid Subscribers, Announces Original Shows