Blockbuster cuts Q3 loss, plans set-top box
Blockbuster in the third quarter continued to turn around its financial fortunes by increasing its focus on videogames, consumer electronics and rental profitability, while making plans to deepen its commitment to digital delivery.
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Netflix to stream some titles in high-def
Netflix will soon make a limited number of its high-definition titles available for video-streaming through both the Roku set-top box and Microsoft's Xbox 360 videogame console.
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Netflix Q3 profit jumps on sales, lower costs
Netflix today said its third-quarter profit jumped 30% as the No. 1 U.S. movie-rental service via mail cut subscriber-acquisition costs while boosting customers with its video-streaming service. The company also cut its fourth-quarter sales and subscriber forecasts for the second time this month as subscriber growth has slowed from a year ago.
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