WebProNews

Carl Icahn's History Of Shaking Up Companies

Is it just me, or does Carl Icahn shake-up the Board of Directors at every company he invests in? News today suggests he’s hell-bent on replacing Yahoo’s board at the August 1st annual meeting.

Blockbuster Is Turning Profit

In the age of video on demand, advertisements touting that Netflix (Nasdaq: NFLX) has rented over two billion movies, the pervasiveness of peer to peer (p2p) networks, and the general drum-beat of the demise of video rental, today's earnings report from Blockbuster (NYSE: BBI) is a shocker:

Is The Blockbuster-Circuit City Acquisition A Good Move?

The Wall Street Journal this morning is reporting that Blockbuster (NYSE: BBI) is trying to buy beleaguered consumer electronics retailer Circuit City (NYSE: CC), which the market is not to thrilled about: Blockbuster stock dropped precipitously in early trading while Circuit City stock jumped up.

Blockbuster Has Strong Fourth Quarter

Blockbuster reported fourth quarter net income of $41 million, or 18 cents a share for 2007. Compared with $11.2 million, or four cents a share the year before.Not including charges, per share earnings increased to 26 cents from 11 cents. Revenue grew 3.6 percent to $1.57 billion. Analysts polled by Thomson Financial had expected earnings of 18 cents per share or revenue of $1.4 billion.

Apple Hops Into Movie Rental Market

Pretty much everyone knew that Apple intended to enter the movie rental market.  And now that it's done so, well . . . perhaps the anticipation was better than Apple's actual arrival.

Netflix Opens Floodgates To Online Streaming

For Netflix customers, it's time to consider buying a better office chair and investing in a nicer monitor; the service that's best known for mailing DVDs will allow many people to view an unlimited amount of video online.

Facebook Ads Should Have an Opt-Out

Lately I've been seeing far more ads on Facebook supported by implicit endorsements from friends. I've also had other friends share screenshots of ads and applications that I endorse.

Blockbuster Purchases Movielink

Blockbuster has announced that it has purchased Movielink, a movie download service the price of the deal has not been released.

Online Rentals To Reach $1.9 Billion

Online DVD subscription spending is projected to increase 41 percent to $1.9 billion in 2007, according to Adams Media Research report "Online DVD Subscription: Reinventing Video Rental."

Spyware Cheating Affiliate Merchants

Researcher Ben Edelman cited a half-dozen examples of affiliate merchants being cheated by spyware, particularly by claiming commissions on organic traffic coming to those merchants.