Industry News

By Gerry Smith November 8, 2019 | A coalition that includes Netflix Inc., HBO and cable-industry titans is stepping up efforts to crack down on password sharing, discussing new measures to close a loophole that could be costing companies billions of dollars in lost revenue each year. Read more on Bloomberg related articles: Netflix tracks shows by measuring ‘starters,’ ‘watchers,’ and ‘completers’ [The Verge] Reed...

By Gerry Smith November 6, 2019 | Netflix Inc. expects to spend a $15 billion on programming this year, dwarfing its streaming rivals. But it’s just getting started. Chief Executive Officer Reed Hastings said at the DealBook conference that the company’s expenditures on shows and movies will only grow. “We plan on taking spend up quite a bit,” he said Wednesday at the New...

By Erik Gruenwedel November 7, 2019| AMC Theatres is digging deeper into home entertainment. The world’s largest theatrical chain on Nov. 7 disclosed it plans to start selling AMC Networks movies on its digital platform, AMC Theatres On Demand. Hailed as the first-ever cross platform marketing partnership between theatrical and home entertainment distributors, AMC said the movies (including RLJ Entertainment titles) can be purchased...

By Media Play Staff October 21, 2019 | Welcome to Media Play News’ second annual 40 Under 40 — our yearly list of rising stars in the fast-changing world of home entertainment. The proliferation of streaming services, alongside the traditional transactional business, has broadened our industry more than anyone could have imagined. “Direct-to-consumer” is Hollywood’s new buzzword, and what that means is putting consumers...

By Gregg Tarr October 8, 2019 | Sony’s next-generation gaming console will officially be called PlayStation 5 when it hits the market during the 2020 holiday season, Jim Ryan, Sony Interactive Entertainment (SIE) president announced Tuesday in a blog on the Playstation website. Ryan confirmed details on the new game player first reported by Wired.com, including the fact that the device will have an...

By Michael Lev-Ram September 23, 2019 | To address this new challenge, Netflix has assembled a team of veteran content developers who bear little resemblance to the typical C-suite crew sitting around a Silicon Valley conference room. Most of them have joined Netflix just in the past few years and were poached from the traditional Hollywood ecosystem. They present a diverse range of...

By Henry Chu September 20, 2019 | After dominating the subscription streaming scene for so long, Netflix is girding for a new phase in the SVOD wars with the entry of more deep-pocketed players like Disney and Apple, CEO Reed Hastings said in addressing the streamer wars on Friday. “While we’ve been competing with many people in the last decade, it’s a...

By Tara LaChapelle | Bloomberg Opinion September 13, 2019 | Apple Inc. is getting ready to launch its own streaming-video service, Apple TV+, in the coming weeks. Compared to Netflix and other rival offerings, the new app will feature a rather skimpy lineup of viewing choices. That’s reigniting the will-they/won’t-they debate around Apple and the handful of Hollywood studios that look...

By Daniel Frankel September 2, 2019 | The global over-the-top video distribution market grew its revenue by 33% last year, reaching $68 billion, according to figures released by Digital TV Research.  Global OTT revenue was more than double the $30 billion generated in 2016. OTT revenue reached $26.8 million in the U.S. last year, vs. $20.3 billion in 2017 and $15.6 billion...

By Caroline Giardina [caption id="attachment_8177" align="alignright" width="600"] Director Rian Johnson spoke about Filmmaker Mode at a UHDA press conference.[/caption] August 27, 2019 | Leading directors including Martin Scorsese, Christopher Nolan, Ryan Coogler, Patty Jenkins and Rian Johnson have teamed up with the UHD Alliance — a coalition whose members include Hollywood studios and consumer electronics manufacturers — to introduce a new "Filmmaker...