Upping Its Game
Microsoft is broadening its horizons. The company has announced a new partnership with Netflix Inc. that will allow movies to be streamed through XBox 360 via the internet, the Associated Press reports. Netflix subscribers will be able to stream 10,000 movies to their gaming consoles beginning in the fall. Rival Sony has already tried to equip its PlayStation 3 with Blu-Ray technology. More than 10 million Americans own an XBox 360. Half of those people pay $50 each month for a gold membership, which, in addition to a Netflix memhership, is required to stream movies. —Caitlin Baker
Saving Newspapers with, um, Technology
Verve Wireless thinks it has a solution for ailing daily newspapers. The mobile technology company is now offering services that turn newspapers into websites for mobile phones. Verve already provides mobile versions of 4,000 newspapers. Its biggest customer is the Associated Press. According to The New York Times, the AP believes Verve may be able to solve revenue problems plaguing the newspaper industry. It has led a $3 million investment campaign to support the company, a rare move for the news gathering organization. Of the 95 million mobile internet subscribers in the U.S., 40 million use their phones to go online. After portal sites and e-mail services, newspaper websites — sources of news, weather, sports, and other information — are the most popular among users. —Caitlin Baker
They Know What You Did Last Summer
Kids don’t have to be living on Elm Street to have nightmares nowadays. Nearly 13 percent of 10- to 14-year-olds, or about 9 million children, are seeing violent R-rated horror movies, according to a study by the Dartmouth Medical School. The Los Angeles Times reported that boys, minorities, and children whose parents don’t restrict viewing habits are seeing the most gore.
It’s About Time
Magazines, CDs, football phones — and now movies. Time, Inc. Studios will produce features and documentaries based on articles published in magazines like Time, Sports Illustrated, Fortune, and Life. The first project, called Breaking the Bank, covers the alleged criminal exploits of Ultimate Fighting Championship competitor “Lightning” Lee Murray. —Susan Cohen