Amazon is a company that has divided investors for years. Its relentlessly fast-growing revenues typically translate into relatively diminutive profits because the company reinvests most of its enormous cash-flow into expanding its infrastructure and maintaining low prices—the idea being that at some point in the future, it can turn the profit screws on and reap enormous financial rewards. 431 more words
Tags » Streaming Video
Netflix surpassed 50 million subscribers to its streaming video service as the company kept up its torrid growth last quarter.
At the end of June, Netflix had 36.2 million streaming subscribers in the US (up 16% from the previous quarter) and 13.8 million in the rest of the world (up 9%). 111 more words
Two of the biggest players in the telecom industry faced off against a public interest group, a trade group and a satellite company at a Senate hearing Wednesday in a debate that will help set the stage for upcoming battles over the future of broadband, television and streaming video. 972 more words
Netflix ripped into Comcast, Verizon, and other internet providers in a lengthy document submitted to the US government today.
The key issue is whether internet providers should be able to charge content companies such as Netflix for a more direct route to customers. 2,100 more words