Streaming Video | featured news

This is a continuance to a trend to allow hi-definition video content to be streamed from a hard drive.

Initial reports said that hundreds of thousands of people watched YouTube’s Live U2 concert on Sunday night. Then reports yesterday raised the estimate to 2.5 million. Double that, and then double it again. 10 million is the real number of live streams that YouTube did that night, according to Variety.

It’s been rumored for a while now that Hulu intends to launch a subscription service. The NBC/FOX/ABC online video website already has built up an audience with its impressive TV library and alien ad campaigns, but the networks have been looking to turn Hulu into a significant profit generator.

One big story today is that Netflix added ABC content to its streaming service (it actually did this a couple days ago when episodes of Lost started appearing).

Digital advertising likely won't compensate for loss of traditional revenues.

The MPAA has previously been critical of the negative effect it says BitTorrent has on the movie industry, but a recent experiment in a Norwegian movie theater shows that it might actually be of use to them.