CEO Reed Hastings has long-tried to maintain that Netflix is not, in fact, a nefarious plot to destroy the cable companies, but rather a “complementary” service that will leave cords to cable companies neatly intact. Whether or not Mr. Hastings is being sincere about Netflix’s end goal, it looks like that’s how it’s playing out for now. Using last night’s True Blood premiere as bait, HBO saw its 3 millionth download of the HBO Go mobile app (for the iPad, iPhone, and Android) this weekend. The app, a direct competitor to Netflix, can be accessed for free by paying HBO cable customers. Considering that there are 28 million HBO subscribers around the country, that means about 10 percent have tried out the app just since it premiered on May 2nd.
Time Warner and Cablevision customers in New York City still have to wait for the city’s largest cable service providers to close the deal. (And deal with their Soviet-style customer service.) But the New York Post reports that talks are underway. Read More