After months of rumors Amazon has announced their media box, Fire TV. Amazon's Fire TV will have a Quad-core CPU, dedicated GPU, 2GB's of RAM and utilize a simplified menu. It will be priced at $99
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Netflix reported today that it now has just over 40 million subscribers worldwide, including 31 million in the U.S,, and that it generated over $1.1 billion in revenue in its last quarter.
Amazon has announced it has added a number of TV shows from NBCUniversal to its streaming Amazon Instant Video service, including Battlestar Galactica and more.
Netflix has announced that it has added a total of over 1 million new subscribers worldwide to its streaming video service in the second quarter of 2012, while also returning to profitability.