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NETFLIX TO SHUTTER INDIE INVESTMENT UNIT
Wednesday, July 23 2008
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Netflix is shutting down its Red Envelope Entertainment unit -- a two-year-old operation that invested in more than 100 independent films. The company said it was doing so because it competed against the studios that it relies on for its main movie-rental business. Netflix spokesman Steve Swasey said that the unit had been "very successful." Among the films that bear the Netflix logo are the recently released documentary Trumbo, the anti-war documentary No End in Sight, and the romantic comedy Two Days in Paris.
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HORROR-MOVIE DIRECTORS TO MAKE SHORT FILMS FOR XBOX
Wednesday, July 23 2008
Darren
Lynn
Bousman,
who
directed
the
Saw
movies,
Zack
Snyder,
who
directed
the
most
recent
iteration
of
Dawn
of
the
Dead,
and
Andrew
Douglas,
who
directed
the
latest
Amityville
Horror
are
among
the
directors
who
have
signed
deals
with
Microsoft
to
make
a
series
of
short
films
for
Xbox
Live.
The
movies
are
being
produced
by
Safran
Digital
Group
and
are
due
to
be
shown
in
the
26
countries
that
support
the
Xbox
Live
service.
(more)
NETFLIX MOVIES TO DEBUT ON XBOX
Tuesday, July 15 2008
The
510.3
million
owners
of
Microsoft's
Xbox
360
video
game
player
will
be
able
to
use
it
to
stream
thousands
of
movies
from
Netflix,
the
video
"rentailer,"
the
two
companies
announced
in
Los
Angeles
on
Monday.
Beginning
this
fall,
Netflix
subscribers
will
be
able
to
stream
10,000
movies
and
television
shows
onto
their
TV
sets
using
the
Xbox
360
device.
Currently
Netflix's
online
streaming
service
works
only
with
PCs,
unless
subscribers
buy
a
$100
converter
(more)
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