US movie tickets get biggest price hike in history http://bit.ly/bcGiRu
If the US cinema industry was really under pressure there’’s no way they could get away with a price hike! Despite the wailing of the MPAA, movie revenue continues to set new records every year. Whatever problems they have are their own business model ones.
Blockbuster tells Hollywood studios it’s preparing for mid-September bankruptcy – LA Times http://bit.ly/cktTTb
Coming as no surprise after losing $1.1 billion in the last few years, and after closing 1000 stores, Blockbuster has been caught between business models: streaming and avoiding the store all together, and the Redbox cheap (and in convenient locations) machines.
Blockbuster post bankruptcy plans on increasing “non-store” revenue (streaming and kiosks).
YouTube to increase upload limit from 10 to 15 minutes http://bit.ly/962Bgl
Overall an evolutionary move with YouTube, which has progressively increased the file size limit, the highest quality limit (although I don’t buy “4K”) and now an extended duration for those who aren’t YouTube Partners. YouTube Partners have been exempt from the duration limit for a while now.
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