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SEC mulls hitting Netflix with suit over news shared on Facebook

Sharing news on Facebook may have landed Netflix in hot water with U.S. regulators.

The Securities and Exchange Commission yesterday gave Netflix and its chief executive, Reed Hastings, a "Wells Notice" regarding how Reed disclosed some information about the company. What that essentially means is that the SEC may take some sort of civil legal action against Netflix because of something Hastings posted on his Facebook wall about a new video-streaming milestone.

The SEC believes Netflix should have made a more formal announcement instead of simply notifying visitors to Hastings' Facebook profile. A Regulation Fair Disclosure, which … Read more

Instagram-Twitter feud fudges photos

Wednesday's CNET Update won't cut you off:

Instagram and Twitter aren't playing nice, and it's annoying users. As the two services compete in the photo-sharing space, Instagram stopped supporting a key Twitter feature that helps display media inside a tweet. The casual user won't notice anything different on the Twitter website. But on Twitter's mobile app, you will notice that Instagram photos are no longer properly formatted to fit.

Why would Instagram spoil the appearance of photos shared on Twitter? Because Facebook-owned Instagram is growing its website and wants you to stay on its … Read more

With Disney deal, did Netflix take a risky gamble?

Netflix CEO Reed Hastings is starting to look more like the guy who helped Netflix seize an early lead in Internet movie streaming and boost the company's share price last year above $300.

The Web's top video-rental service is being applauded after announcing yesterday that it had reached an agreement to become the exclusive subscription TV service to offer Disney's films starting in 2016. Netflix will get access to new releases from the studio during a span of time known in Hollywood as the pay-TV window, i.e., after the films have appeared in theaters and gone … Read more

Redbox Instant's full launch won't be until spring 2013

It looks like the rumor mill was a little off this time -- Verizon's Redbox Instant won't be launching this month, as was previously speculated but rather in 2013. However, its public beta should be good to go within the next few weeks.

Verizon chairman and CEO Lowell McAdam announced today at an investor conference that after public beta testing the commercial launch of the video streaming and DVD rental service should kick off either at the end of 2013's first quarter or the beginning of the second quarter, according to The Hollywood Reporter.

"We are … Read more

The skinny on Netflix-Disney deal (FAQ)

Disney said today that it has signed an exclusive film distribution deal with Netflix starting in 2016.

Netflix will become the only U.S. subscription TV service to offer films from Pixar, Marvel, Walt Disney Animation and Disneynature. Wall Street seemed overjoyed by the news. Netflix shares rose 14 percent following the announcement.

To help readers better understand the deal, CNET has put together this FAQ.

Why is this agreement special? It's the first time that Netflix has acquired access to relatively newer movies from one of Hollywood's top six film studios. Netflix has plenty of titles produced … Read more

PlayStation 3 is 'largest TV-connected platform' for Netflix

Three years after Sony introduced Netflix for the PlayStation 3, the two companies jointly announced today that the gaming system stands as the most popular option for delivering the service to the living room.

"PS3 is our largest TV-connected platform in terms of Netflix viewing, and this year, at times, even surpassed the PC in hours of Netflix enjoyment to become our number one platform overall," Netflix CEO Reed Hastings said. "PS3 is a natural fit for Netflix in terms of developing and first deploying our most advanced features. We can transparently update our application with new features on a daily basis." … Read more

Netflix signs unprecedented movie deal with Disney

First the good news: Disney agreed to give Netflix exclusive U.S. access to some of its top movies.

Now, the bad news: The deal doesn't kick in until 2016.

The companies announced today that Netflix will become the exclusive U.S. subscription television service for first-run, live-action and animated feature films from the Walt Disney Studios. Netflix will receive access to the movies after they're made available for sale and rental.

Sure, the delay is a drag. But this is still a groundbreaking deal for Netflix and the entertainment industry. In the past, Netflix has typically obtained … Read more

Stream movies and TV shows to your iPhone or iPad with Netflix

Netflix has been a popular platform for video streaming for many years now, and with support for many devices it continues to be a necessary app for many people. Netflix provides an online streaming source for movies and TV shows, and this release of the Netflix app is for iPhone and iPad. The app is available from iTunes and installs easily.

The Netflix app usually launches with a screen showing the latest editions for the Netflix service, and as long as you are a subscriber you can click on any screen image to launch streaming playback of the title. You … Read more

Redbox Instant video streaming said to launch in December

Redbox Instant -- Verizon's stab at a video streaming service to compete with Netflix -- is said to be launching by the end of the year.

Users may be able to start using the service as soon as December 17, according to GigaOM. Also, it's looking like Redbox Instant could cost as low as $6 a month.

Redbox Instant is a joint venture announced in February between Verizon and Coinstar -- the company that owns the Redbox DVD rental business. The companies aim to develop an on-demand video streaming service with DVD rentals, much like what Netflix offers.… Read more

Access the hottest TV shows and movies on the Web with Netflix

Having access to a potentially infinite cache of media files at your fingertips is a nice thought. However, you need a stable app that can deliver those files quickly and efficiently to your Android device, and that is exactly what the Netflix app is designed to do.

Placed on a throne as the world's leading Internet subscription service for streaming movies and TV shows, Netflix went an extra mile and created its mini version for Android devices. The interface of the Netflix app is more or less straightforward; there's a shows option, a search bar, and some account-based … Read more