Hollywood Reporter

Netflix Sinks On Slow Guidance

Netflix Sinks On Slow Guidance

Shares of online DVD rental pioneer Netflix Inc. plunged more than 20% in after-hours trading Monday (July 24) after the company reported earnings that topped estimates, but offered guidance that disappointed Wall Street amid escalating competition from Blockbuster Inc.
CinemaNow Offers Download-To-DVD Service

CinemaNow Offers Download-To-DVD Service

In a breakthrough first for the entertainment industry, CinemaNow on Tuesday (July 18) made it possible for consumers to legally burn downloaded movies that can be played on standard DVD players.

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