AOL wants to become a content company?
AOL has long been known as the company that provided dial-up internet access in the US market.
The company has been working hard on changing the core of their business. The aim has been to generate revenues through online advertising.
AOL CEO Tim Armstrong has now stated that [...]
Hulu could go paid sometime next year
News Corporation has already hinted that they are planning a subscription based model for the Hulu service in which they are partnering with other media giants ABC and NBC.
The company has now hinted that the new model could be launched as early as next year as they [...]
CNN.com relaunch coming this Monday!
CNN.com is one of the most visited news website on the web today.
The company has been working on a brand new edition of their website and it would go live this coming Monday.
The new edition is expected to be data intensive as it would feature more videos compared [...]
NPD Group: Digital media sales all set to match CD sales in USA
Digital media downloads are becoming so popular that they are all set to catch-up with the sales of audio CDs in the US market.
NPD Group has reported that the two can account for equal sales by the end of the next [...]
iLike could be acquired by MySpace
TechCrunch is reporting that MySpace is close to announcing that they are acquiring the web based service iLike.
This Seattle based music company has been acquired by the social networking giant for around USD 20 million.
This acquisition deal if true could become a PR headache for Facebook.
iLike is [...]
Redbox files a lawsuit against 20th Century Fox
Redbox is a DVD rental company which is becoming very popular in the US market.
The company has now filed a lawsuit against the movie studio 20th Century Fox.
20th Century Fox has been trying to prevent Redbox from getting access to their new DVD releases so that [...]
Sony launches DSC-W190 and DSC-W180 digital cameras
Sony has announced the launch of two new digital camera models.
These new products are: Sony DSC-W180 and DSC-W190.
These cameras are now on sale in the Indian market.
Sony DSC-W180 has been priced at Rs. 8,990 while Sony DSC-W190 will be available for Rs. 9,990.
Sony DSC-W180 is a 10.1 megapixel [...]
SingTel AMPed mobile digital media service launched
SingTel is the largest telecom company in the South East Asia.
They are now collaborating with Universal Music to launch a new digital service for mobile users.
This new service has been named AMPed. It is designed to let the mobile users download music files and videos from the web.
They [...]
Netflix now has 10 million plus subscribers
US based DVD rental company Netflix has announced that they are now serving more than 10 million customers.
The company said that they have added more than 600,000 net subscribers since January 1.
Netflix has been the pioneer in the market as they are also now streaming movies to customers [...]
RealNetworks posts a loss in the fourth quarter
US based digital media company RealNetworks has posted a loss in the most recent quarter.
The company said that they had a net loss of $240.5 million. It is down from profits of $2.7 million in the same period in the previous year.
The revenues were also down [...]
