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Netflix paid $1 million for a recommendation algorithm it never used

April 13th, 2012

Netflix in 2006 held an open competition to find the collaborative filtering algorithm that would best predict whether or not a user would like a particular film or TV show based on previous ratings. The grand prize of $1 million was awarded to a team called “BellKor’s Pragmatic Chaos” in 2009. The team’s algorithm was …

Google and Paramount strike a deal: 500 movies coming soon to YouTube, Google Play

April 4th, 2012

Google on Wednesday announced a new deal with Paramount Pictures that will allow more than 500 movie titles to be rented through YouTube and the Google Play marketplace. The Mountain View-based company now has rental deals with five of the six major Hollywood studios — including Paramount, Warner Brothers, Disney, Universal Pictures and Sony Pictures …

Redbox surpasses 2 billion movie and video game rentals

March 7th, 2012

Redbox announced this week that the company crossed the two billion mark for movie and video game rentals. It will celebrate the milestone by offering a free, one-night movie rental with the code “THANKS2U” for one day only on Thursday. Redbox has seen substantial growth over the past 18 months, with one billion additional rentals, …

Verizon and RedBox may be plotting movie streaming partnership for early 2012

December 9th, 2011

On Wednesday we reported on a story that suggested Verizon may be planning to challenge Netflix by launching its own video streaming service. Now, it appears the communications giant is secretly working with RedBox, the popular $1.00 video rental kiosk company, on a streaming service that could launch next year. According to TechCrunch, the plan is currently …

Amazon intros Kindle book lending for Prime members

November 3rd, 2011

Just ahead of the release of Amazon’s highly anticipated Kindle Fire tablet, the company has added a new perk for Amazon Prime subscribers that could be the icing on the cake for future Fire owners. Beginning immediately, all Kindle eBook readers and the Kindle Fire tablet will have access to what Amazon has dubbed Kindle …

GameFly to launch unlimited game download service this fall

August 11th, 2011

GameFly announced on Wednesday it will soon offer a new service called “Unlimited PC Play” that will allow gamers to download an unlimited amount of games to their Windows or Mac computer. Much like Netflix’s business model, GameFly will provide instant access to more than 8,000 rental discs or more than 1,500 instant downloads for …

Netflix raises prices, intros new plans

July 12th, 2011

Netflix announced two new unlimited DVD plans on Tuesday, including a $7.99 option for one DVD at a time and an $11.99 option that allows users to rent two DVDs at a time. The company also said that it will discontinue its current $9.99 monthly option that provides access to unlimited DVD rentals and unlimited …

Hands-on with OnLive’s new tablet support on Flyer, XOOM, and iPad

June 7th, 2011

OnLive — the popular gaming service that allows you to purchase, subscribe, or rent games and play them on your television —  has now announced that it’s extending its gaming support to mobile devices. Later this summer the company will debut a new controller, as well as applications for iOS and Android. OnLive basically streams …

Sears announces Alphaline Entertainment online movie streaming service

December 29th, 2010

Retail giant Sears isn’t the first company that comes to mind when you think about digital movie downloads, but a newly launched offering aims to change that. The company has announced Alphaline Entertainment, a digital movie rental and download service that runs on the RoxioNow platform. First rumored back in July, Alphaline will offer users …