Shelly Palmer

Netflix dethrones iTunes as king of online movie business

Apple is no longer the dominant player when it comes to the US online movie business. According to a new report by market research firm IHS iSuppli, Netflix was crowned the new king in 2011 after a meteoric rise in popularity throughout 2010. The firm credits Netflix’s success with its focus on TV-like subscriptions, which it sees as superior to the company’s DVD mail service or iTunes’ more traditional video on demand (VOD) model. Read the full story at Ars Technica