Reed Hastings says that, one day, Amazon will provide real competition for Netflix.

But the Netflix CEO says Jeff Bezos will have to spend a lot of money before that happens: Hastings says Amazon is losing between $500 million and a $1 billion a year as it acquires streaming video content rights.

Hastings says he generated those numbers based on the value of the content deals that Amazon won when the two companies competed head to head. He says he thinks Amazon’s costs are split evenly between its U.S. operations and Europe, where it operates the Lovefilm streaming service.

Last…

When was the last time you heard anything positive about Blockbuster Video? Last we (the general public) heard, their business was floundering, as physical stores were shuttered and customers were moving to Netflix.

Well, Blockbuster isn’t giving up without a fight. The latest development is their iOS based Newstand magazine. Here’s Mike Schramm’s thoughts over at TUAW:

They must be pretty far down the idea list over at Blockbuster Video, because this one suddenly appeared out of left field. The video rental chain has released, of all things, an iPad-based digital…

Don’t forget that there’s still time to get in on our giveaway! And don’t forget to tell your friends about it too. This giveaway is about growth. It will help us get more readers, which helps us to grow, which allows us to keep doing what we are doing. We love doing it and we want you to love it too!

And our love of doing what we do is bringing you a chance to win a TV. And not just the TV, but also a one year subscription to Netflix! We’re super excited about this opportunity to give such a great deal to one of our lucky readers!

So if you aren’t signed up yet, be sure to do so. And…

How long would it take for the North Koreans to zip across the Pacific pond, invade the state of Washington, and set up camp? Well, the timeline is a little murky, but apparently not very long. Also apparently, the United States Military will do absolutely nothing about it. And best of all, a group of kids and their girlfriends led by one U.S. Marine will be able to do something about it.

And apparently, earth’s anchor or whatever holds it still will become unhinged when this happens, because the world shakes… A LOT! I was so dizzy and sea sick when this film was over I wanted to just lay…

So tonight is the big mid-season finale for Revolution and it’s apparently supposed to be a game changer.

If you need a recap, JJ Abramsn and Erik Kirpke are here to provide you with one, plus a sneak peak at tonight’s episode. Have a look:

Looking for a deal on this bright and cheery Cyber Monday Morning? A deal that doesn’t involve Black Friday Madness? Well that’s really the beauty of Cyber Monday is that you can do it from the comfort of you chair.

Amazon has a killer deal if you are a Star Trek geek. You can get the complete Star Trek: The Original Series remastered on DVD for $108.99 (normally $249) or on Blu-ray for $129.99 (normally $321). Seems like a killer deal to me. Go here to take advantage of this deal on Amazon.

There were no turkeys at this year’s Thanksgiving box office, as movie goers stuffed the box office like never before, leading to the highest five-day gross in the history of cinema with an estimated $288 million taken in.

Of course, there were also no real surprises either, with holdovers hanging on to the top three spots. “The Twilight Saga: Breaking Dawn – Part 2″ led the charge with an estimated $64 million over the five-day extended weekend, followed once again by “Skyfall” in second place ($51 million) and “Lincoln” in third ($34.1 million).

I went to the theater this past…

The Dark Knight Rises comes to home entertainment December 4^th, and the PR machine has been going non-stop to get us excited about it. One such effort is this excerpt from a featurette about Catwoman and her fighting style and how Anne Hathaway played the role of Selina Kyle.

Check it out here and get your appetite whet for that release.

Want a look at what’s going on only a couple weeks from the premiere? Peter Jackson and Warner Bros. have obliged and have this little 15 minute gem. It is incredibly fun to watch and see a few aspects of what goes on behind the scenes with a big production like this. There are so many moving parts it’s hard to keep them all straight.

The Hobbit: An Unexpected Journey premieres here in the U.S. on December 14 and you can bet I’ll be in my seat at the theater at my earliest opportunity. Until then, enjoy: