[wpaudio url=”https://media.shellypalmer.com/wp-content/images/usrn/110310_SHELLYPALMER_GEN_BED.mp3″ text=”Click to play … ” dl=”0″] Microsoft announced that its Xbox 360 accessory, the Kinect, has sold 10 million units. The motion-sensing controller set the Guinness World Record for consumer electronics sales in a 60-day period, surpassing Apple’s products. 8 million of the 10 million Kinect’s sold were purchased during last year’s holiday Continue Reading →
Nintendo
Nintendo is creating a channel for 3-D video content that will feature select shorts and trailers for view on its 3DS gaming device.  They are also working with Netflix to bring streaming content to the device via 10,000 AT&T hotspots. The new features are made available in May. Read the full article at LATimes.com Continue Reading →
[wpaudio url=”https://media.shellypalmer.com/wp-content/images/usrn/110303_SHELLYPALMER_GEN_BED.mp3″ text=”Click to play … ” dl=”0″] Apple finally announced the iPad 2 at an event where Steve Jobs made his first appearance since taking a medical leave. The new tablet will sport dual-facing cameras, a 33% thinner body than the iPad and dual-core processers make it blazingly fast. You can get your hands Continue Reading →

Netflix Acquires CBS Content

Netflix
Netflix finalized a deal that will allow them to offer streaming content licensed by CBS. Hundreds of millions of dollars bought Netflix the right to stream a large portion of CBS’s older content, like the Twilight Zone and Star Trek series. Netflix now has serves content from all four broadcast networks. Read the full article Continue Reading →
[wpaudio url=”https://media.shellypalmer.com/wp-content/images/usrn/110224_SHELLYPALMER_GEN_BED.mp3″ text=”Click to play … ” dl=”0″] Netflix finalized a deal that will allow them to offer streaming content licensed by CBS. Hundreds of millions of dollars bought Netflix the right to stream a large portion of CBS’s older content, like the Twilight Zone and Star Trek series. Netflix now has serves content from Continue Reading →

Online Video Watching Up 45%

Netflix
Nielsen reported that online video watching has increased by 45% since last year. There are only 3.1% more people now watching online video, which means that current users are simply consuming more. Netflix is the big winner, cashing in on paid subscriptions. Read the full article at WSJ.com Continue Reading →
[wpaudio url=”https://media.shellypalmer.com/wp-content/images/usrn/110215_SHELLYPALMER_GEN_BED.mp3″ text=”Click to play … ” dl=”0″] The Internet has 4.3 billion IP addresses available for connected devices, but we’re running out of them sooner than we thought. The current Internet Protocol was created in 1977 and wasn’t built to handle the web’s explosive expansion. Luckily, a new protocol will soon be in place Continue Reading →
Amazon
Amazon will buy out the remaining shares of Europe’s online video rental service Lovefilm. Having already owned 42% of the stock, the deal is not surprising and should be completed by the first quarter of the year. Amazon is leveraging Lovefilm to further challenge Netflix in the on-demand rental arena. Read the full article at Continue Reading →
[wpaudio url=”https://media.shellypalmer.com/wp-content/images/usrn/110121_SHELLYPALMER_GEN_BED.mp3″ text=”Click to play … ” dl=”0″] Google announced that co-founder Larry Page is taking over for Eric Schmidt as the company’s CEO. Schmidt will become the Executive Chairman and focus on business development, especially globally. Google says the move comes as an attempt to streamline decision-making and have a clearer sense of accountability. Continue Reading →

Comcast-NBC Merger Approved

Comcast and NBCUniversal
The US Justice Department and FCC approved Comcast’s purchase of NBC Universal, with GE dropping their ownership to 49%. The FCC was cautionary, stating that such a deal could threaten “the development of innovative online video distribution services.” Comcast will lose its management rights of Hulu and neither company can restrict “unreasonable” online distribution of Continue Reading →