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Paramount to add 500 films to YouTube rentals

YouTube and Paramount Pictures have reached a deal to make nearly 500 films available to rent online, even while their parent companies continue to feud over a $1 billion lawsuit.

Verizon to set up streaming service with Redbox

Phone company Verizon Communications Inc. will challenge Netflix and start a video streaming service this year with Redbox and its DVD rental kiosks.

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Netflix Inks Content Deals, Market Ignores Verzion Takeover Talk

Netflix’s stock rose by about 10% last week before falling lower, driven by rumors about potential acquisition by Verizon. While reports indicated that Verizon may be seriously considering the acquisition at around $4.6 billion, the company denied that it has organized any talks or meetings with Netflix. We think that Netflix will not sell itself at the implied price per share that results from $4.6 billion bid. For details see Verizon Would Have a Tough Time Acquiring Netflix which talks about why an acquisition at stated value is unlikely, be it by Verizon or another potential suitor Amazon. In general, several analysts including Trefis analysts see any acquisition as highly unlikely.

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Netflix kills plan to split off DVD rentals

Netflix is abandoning its widely panned decision to separate its DVD-by-mail and Internet streaming services because it would make them more difficult to use.

Senh: Props to Reed Hastings for listening to his users and reversing the two site decision. It takes guts to admit that you're wrong to the world. Together, DVD plus streaming, makes Netflix a much better proposition. They're also the only company that's able to do this. It differiates them from the competition.

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Wal-Mart offers video streaming on website

Now playing: Movies at Walmart.com. The world's largest retailer on Tuesday started streaming many movies the same day they come out on DVD, in a second bid for a share of popular movie rental and streaming website Netflix Inc.'s business and just two weeks after Netflix announced new price increases.

Netflix proclaims Internet as future, but data caps loom as threat

Netflix on Monday officially declared its future is the Internet, saying the DVD market has “peaked.” But experts wonder if the online streaming giant — now with 25 million subscribers in the second quarter — and other Web firms face a looming threat to their businesses. They aren’t talking about competitors such as Hulu, HBO Go and Amazon Prime — the threats outlined by Netflix said in its earnings report. Experts are pointing to broadband data caps.