Today, a report from Credit Suisse speculated that Google’s YouTube video sharing site could be on track to lose approximately $470 million in 2009. Google bought YouTube in late 2006 for what was, at the time, a staggering $1.76 billion, mostly in stock. YouTube snags the lion’s share (41%) of U.S. online video watching, according […]

Software giant Microsoft and movie rental behemoth Netflix today announced that 1 million Xbox LIVE Gold members have downloaded and activated Xbox LIVE application from Netflix in the three months since the initiative launched last November. The Netflix application allows Xbox LIVE Gold members to instantly watch movies and TV episodes rented from Netflix via […]

MG Siegler at Parislemon has an interesting take on the current state of movie rentals on the�XBox 360, suggesting that it’s not ready for prime time: Last night I sat down to download The Diving Bell and the Butterfly. I figured it would take 5-10 minutes to get enough information to start playing and then […]

There’s a great deal of buzzing today about a few Internet video news items: Amazon is debuting a streaming video store. The service, Amazon Video on Demand, will offer about 40,000 streaming videos for customers to choose from. TiVo is adding YouTube support. TiVo’s YouTube support was announced in March, and is available to broadband-connected […]

MIcrosoft has announced XBox 360 updates that will give interface a cartoon-like appearance and a deal with Netflix that positions the XBox as an Apple TV killer. “When people turn on their Xbox 360s this fall, they’ll get an entirely new interface and Dashboard, an entirely new Xbox through the magic of software,” said John […]

Cynical Peak’s Rivet is a Mac OS X app that lets you access your iTunes media on your Xbox 360. In a nutshell, it turns your XBox 360 into Apple TV Jr. You can browse, play, and view your pictures, movies, and video through the Xbox 360’s media blade. Rivet will automatically load and give […]

Competition for the next generation Internet television platform is starting to heat up. Microsoft, seeking to expand offerings on its Xbox 360 console, has reached an agreement with Hollywood firm the Safran Company to produce original shows for distribution on the system. The company represents clients like actor and producer Sean Combs (“Monster’s Ball”), actor and writer Nia […]

At the 2008 International Consumer Electronics Show (CES), Microsoft Chairman Bill Gates used his last keynote to offer his take on the future, talk about the first “digital decade” and what the future offers. He was joined by Robbie Bach, President of Microsoft’s Entertainment & Devices Division, who helped Gates demo his mad Guitar Hero […]