The economic downturn has US cable television companies shedding subscribers in record numbers and Americans increasingly "cutting the cord" in favor of cheaper online options, new research shows.
That unsightly and costly metal box that funnels cable or satellite service into your TV might be going the way of the black rotary-dial telephone - in the technology trash heap.
Google's unveiling last week of yet another device it hopes will change the way people watch TV highlights a stubborn truth: The revolution may be televised, but television itself has so far been impervious to a revolution.
Roku, the streaming video device maker, has raised $60 million in its sixth round of funding. Media giant Hearst Corp. and an unnamed institutional investor joined News Corp. and its subsidiary British Sky Broadcasting in ...
Consumers' insatiable love affair with streaming video - at home and on the go - is at the heart of Netflix's rebound and the continued rise of its competition.
YouTube confirmed on Wednesday that its evolution as an Internet stage for video may include subscriptions to content that creators believe people will pay to see.
Media behemoth News Corp. posted strong profits Wednesday, boosting owner Rupert Murdoch's attempts to reassure investors after a damaging phone-hacking scandal in Britain.
Netflix on Tuesday announced a deal with Sony Pictures Television to stream "Cloudy and a Chance of Meatballs 2" and other animated films in the United States.
Netflix shares jumped Tuesday with word that the online service struck an exclusive deal to stream live-action animated feature films from The Walt Disney Studios.