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Netflix CEO: “We’re gonna thrive on streaming only”

Netflix CEO Reed Hastings said in a conference call to discuss second-quarter earnings that the online-video giant plans to focus on a “streaming only” future after separating its mail-order DVD service into a separate subscription. But that future, Hastings said, will also bring Netflix into many more countries.

Redbox's $1.50 Blu-ray rentals in 13,000-plus kiosks now, across the US by fall

Redbox, the company behind those now-ubiquitous $1 movie-rental kiosks, has finally announced its plans for Blu-ray rentals. The company is rolling out $1.50 Blu-ray rentals to 13,300 kiosks over the next few months, and it plans to offer them at all of its 26,000  kiosks across the US by fall.