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Anecdotal evidence suggests over-the-top video is a booming trend. But it takes technical skill, state-of-the-art broadband connections and the willingness to shell out money for both bandwidth and content subscriptions to fully integrate OTT into a household, much less consider trying to use it to cord cut. Read more at GigaOM Pro »

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Netflix is coming to Brazil and other Latin American countries this week, where it will be competing with thousands of street vendors peddling unlicensed DVDs. Can the service beat piracy, or will it be too expensive for the average consumer in Brazil and beyond? Read more »

zediva

A federal court has issued a preliminary injunction against Zediva, essentially ordering a shutdown of its streaming-DVD-rental service. The decision comes less than six months after the launch of the service, which aimed to avoid licensing fees by renting and streaming DVDs over the Internet. Read more »

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Movieclips.com confirmed that it has raised an additional $6 million in venture funding. While its founders declined to discuss what the funding is for or who was part of the most recent investment, they said a big announcement was in the works. Read more »

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zediva

Surprise! New video rental service Zediva is being taken to court for copyright infringement. The MPAA filed suit Monday on behalf of six Hollywood studios, claiming that Zediva illegally streams their films over the Internet without licensing the content from rights holders. Read more »

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Netflix is adding more content to its streaming library in Canada, striking a deal with Paramount Pictures for first-run access to movies in the pay TV window. So movies like Iron Man 2 won’t show up on Canadian cable channels, but will appear on Netflix instead. Read more »

Today on the Internet: Web companies including Google and Yahoo team up to protest the Comcast-NBCU merger, Paramount announces a digital-only follow-up to the latest successful Jackass installment, and the BBC is determined to count every view, including online and VOD. Read more »

_Our Footloose Remake_ Trailer on Vimeo

United behind the idea that “If anyone is going to ruin Footloose, it’s us,” a collective of 50 production teams came together over the last year to remake the 1984 Paramount film before anyone else could, premiering the hilarious results last night in Los Angeles. Read more »

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Three strikes and you’re out used to be the entertainment industry’s favorite approach against P2P piracy. However, with more and more people moving towards one-click hosters, Paramount COO Frederick Huntsberry is now calling three strikes ineffective, instead calling for laws to have ISPs block pirate websites. Read more »

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After 10 months of studying Redbox rental data, Paramount decided that its $1 nightly rentals were having a negligible effect on new release sales. The result? The studio struck a deal to let Redbox rent its new releases on the same day they go on sale. Read more »

Movieclips.com, the online video site for distributing short-form clips of Hollywood movies, has expanded the availability of its library, opening up the site for viewing worldwide. The company has also released an API for others to develop applications that take advantage of its video selections. That’s […] Read more »

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Despite a recent study that concluded Redbox’s low-cost DVD rentals are destroying the entertainment industry, Paramount Home Entertainment  has extended its trial period with the DVD rental kiosk company. With the extension, Paramount — a division of Viacom — has agreed to make new release titles […] Read more »

Time Warner Sales Dropped 6% to $7.1B in Q3; company’s networks including Turner and HBO saw growth with revenue up 5 percent to $2.9 billion. (CNET) Comcast Profits Up 22% to $944M in Q3; cable company wouldn’t talk about the NBC acquisition deal. (paidContent) Google to […] Read more »

DivX announced today that for the first time in the U.S., major Hollywood movies will be available for download in the DivX format. Warner Bros., Lionsgate, Sony Pictures and Paramount have all signed on to have both catalog and new release titles sold through through a […] Read more »

Redbox has found itself at the center of a Hollywood war over the price of movie rentals, and up until now, sides have lined up either with the kiosk rental company (Sony, Lionsgate) or against it (Universal, Warner Bros., Fox). Paramount has chosen a third option […] Read more »

Well, the analysts at Pali Research were almost right. There is an additional “mystery” partner in the Viacom, Parmount, Lionsgate, MGM pay TV endeavour — but that partner is reportedly Blockbuster. According to The Wall Street Journal, the struggling movie rental chain is in talks to […] Read more »

Viacom, Paramount, MGM and Lionsgate made headlines last week when they announced they were banding together to form a new pay TV network. We voiced some questions over the deal, and Rich Greenfield, managing director and media analyst for Pali Research is also skeptical — but […] Read more »

Viacom has announced it’s joining forces with Paramount, MGM and Lionsgate to form a new pay TV channel, VOD and online service. Details are slim, but according to Variety, the online component would most likely not be an ad-supported model (like Hulu), but would look to […] Read more »