Author: Marcy Magiera

By T.K. Arnold January 13, 2020 | Consumer spending on home entertainment rose 8.4% to a record $25.2 billion in 2019, spurred by the at-home sector’s biggest growth engine, digital, according to DEG: The Digital Entertainment Group. Subscription streaming, digital movie sales and digital movie rentals over the Internet all generated significantly more money than they did in 2018, DEG reported. The trade association...

By Nick Statt January 6, 2020 | Sony’s CES 2020 press conference was a brief one, but it did have some interesting news. The company revealed the PlayStation 5 (aka the PS5) logo for the first time and shared some new sales milestones for its existing PS4 platform and its PSVR virtual reality headset. Sony also revealed a first for the Japanese consumer electronics...

By George Szalai January 7, 2020 | Walt Disney's streaming business, including the recently launched Disney+ as well as Hulu and ESPN+, is being valued by the stock market at more than $100 billion, Barclays analyst Kannan Venkateshwar estimates. The Barclays analyst in a Monday report estimated the enterprise value of Disney’s core business, including its movie, networks and theme parks operations, at...

Above: Sharing a stage at the UHD Alliance's Filmmaker Mode press conference Jan. 6 are, from left, Makoto Morise of Panasonic; Ken Lowe of Vizio; Michael Zink and Mike Fidler, chairman and president, respectively, of the UHD Alliance; Nandhu Nandhakumar of LG Electronics; and Bill Mandel of Samsung. By Stephanie Prange January 6, 2020 | Three Hollywood guilds, the Film Foundation, consumer...

By Erik Hayden December 17, 2019 | A new survey of Disney+ subscribers suggests that the most-viewed content category on the platform isn't new originals but its library of vault classics like The Lion King and Mary Poppins. Roughly 22 percent of Disney+ subscribers among all age groups say they watch classics the most on the platform, topping those who cite Star Wars (21 percent), Marvel (15 percent),...

By Christopher Palmeri December 13, 2019 | Walt Disney Co.’s new streaming service, Disney+, signed up 10 million customers last month, well ahead of expectations. And it’s got a buzzy show with the Star Wars spinoff The Mandalorian. Now the world’s largest entertainment company has to figure out how to keep people from canceling the service after that series’ season finale on Dec. 27 or when...

By Ryan Vlastelica December 10, 2019 | Netflix Inc. was downgraded to the equivalent of a sell at Needham, which reiterated its view that the video-streaming company was at risk of losing millions of U.S. customers in 2020 given rising competition, including from low-cost rivals. The company “must add a second, lower priced, service to compete with Disney+, Apple+, Hulu, CBS All Access and...

By Scott Roxborough December 2, 2019 | Netflix's strategy of working with, not competing against, major pay-TV operators, is paying off, according to a study published Monday by media research group Ampere Analysis.  The report finds that Netflix has theoretical access to more than 300 million pay-TV households worldwide, almost double the company's current global subscriber base of 158 million, thanks to an...

Above: The holiday shopping period is traditionally a prime time for studios to promote souped-up movies and TV shows for purchase, and this year is no exception: Warner Bros., for example, recently released what it billed as the “ultimate makeover” of “Wizard of Oz” on Ultra HD Blu-ray with 4K resolution. By Todd Longwell December 2, 2019 | Now that the streaming apocalypse is fully...

New service's viewers are OTT newbies whose interests extend beyond family fare November 25, 2019 | November has been a busy month in the world of streaming services. The numbers around last week’s Disney+ launch were strong – so we took a look at what drove its initial success. Based on the latest NPD Device Ownership Trends & Profile report, consumers reported...