While continuing to trumpet its subscription video-on-demand streaming service -- and invest billions in content deals for it -- Netflix indicated on Tuesday that its movies-by-mail service has continued to account for its principal source of profit. At least, until now. As reported by Home Media magazine, in an SEC filing on Tuesday, the mail service accounted for $539 million in profit in 2012, while the streaming service accounted for $350 million. Netflix, however, said that it expects the streaming service to overtake disc rentals during the current quarter, largely due to the fact that people request more DVD and Blu-ray discs during the quarter and mailing them out will cost a penny more each way. Netflix's disclosure was incorporated in a new $500-million debt offering to be used to refinance existing debt at a lower rate and pay for original content for the streaming service. On Friday, Netflix launches its highly anticipated drama House of Cards, starring Kevin Spacey and Robin Wright, and directed in part by David Fincher. All 13 episodes of the series are due to be released simultaneously.
The 1969 session, including the only known recording of 'Sunshine Woman' by the band, will be included on a re-issue of 'The Complete BBC Sessions'...
The 55 year old actor joined Chris Martin and co. on stage in New Jersey to perform 'Earth Angel' and 'Johnny B. Goode'.
Bjork Digital comes to London's Somerset House in September, along with a single live show at the Royal Albert Hall.
Kim Kardashian released an audio excerpt from a phone call between Kanye and Taylor Swift over the lyrics of 'Famous' - but if it was recorded...
There's very much a strength of conviction in remaining what you were, but arguably more so in becoming what you want to be.
The BBC drama starring Aidan Turner returns to BBC One on September 4th.
Guns N' Roses were detained at the Canadian border last week for gun possession but they're adamant the weapon didn't belong to them.