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LOS ANGELES (TheWrap.com) - Netflix still maintains a commanding lead in the digital video race, but Hulu is gaining on the streaming giant. The company's premium service Hulu Plus has 1.5 million paying subscribers, up from less than 300,000 at the same point during the previous year, according to a blog post from CEO Jason Kilar. That's a far cry from the over 23.8 million subscribers claimed b
David Carey, president of magazine publisher Hearst Corp, expects the company will have more than 1 million paid digital subscribers by the end…
(Reuters) - China, the world's largest mobile phone market, saw a 1.32 percent monthly increase in total number of mobile subscribers to 939.5 million in September, data from the country's three telecom operators showed.
The hype around daily deal websites and mailings, and the rush of established online companies like Google and Facebook to get into the space, has some industry watchers wondering whether consumers will quickly tire of the offers. Research from Yahoo! Mail and Ipsos OTX MediaCT suggests that’s not happening yet.The February 2011 survey found that US adult internet users subscribe to an avera
One of Netflix CEO Reed Hastings' favorite films is Gloomy Sunday, a dark and melancholic movie about the fragility of life and love, set in 1930s Budapest. But at Netflix headquarters in sunny Los Gatos, California, on Wednesday, the atmosphere and mood was anything but gloomy and depressed.The streaming company trumped Wall Street fears, with quarterly profit rising 52% to $47.1 million, and re

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