Industry News

By Alan Wolk June 30, 2020 | For the better part of the last decade we have been hearing about how massive change was imminent in the television industry. This included everything from claims that a “massive wave of cord cutting” would soon kill off the pay TV industry, along with more mundane predictions like the rise of Netflix-like TV Everywhere apps from...

Dave Chappelle is one of the stars Netflix has begun promoting on YouTube. By Lucas Shaw June 28, 2020 | Netflix Chief Executive Officer Reed Hastings has long portrayed YouTube as his company’s biggest competitor. It is the only online video service in the world that people spend more time using every day than Netflix. Hastings’s fear of YouTube filtered throughout the streaming giant,...

By Joe Flint and Erich Schwartzel June 20, 2020 | Mr. Jeff Shell has reignited a fight with movie-theater chains, the culmination of a yearslong push to get movies onto digital platforms faster than possible in traditional arrangements. He also is carrying out a far-reaching restructuring to shift resources from aging broadcast and cable networks to the company’s new Peacock streaming-video...

By Dade Hayes June 19, 2020 |Peter Faricy, a longtime Amazon veteran who joined Discovery two years ago and spearheaded its increasing focus on direct-to-consumer streaming, is leaving the company. CEO David Zaslav shared the news with employees Friday. In an internal memo obtained by Deadline, Zaslav said the move follows “a few months of discussion” between and himself and Faricy. (Read the full memo below.) Read more...

By Jill Goldsmith June 17, 2020 | AT&T chief financial officer John Stephens said the WarnerMedia parent is “optimistic” about HBO Max three weeks after launch and called the streaming service “a multi-year process, and so far so good,” promising to provide subscriber data on the next quarterly earnings call in July. Speaking Wednesday at a CSFB Media conference, Stephens reiterated AT&T’s target...

By Daniel Frankel June 5, 2020 | After seeing big pandemic-fueled usage surges in March and April, viewing time for the major U.S. SVOD services dipped in May, research company 7Park Data reports. Netflix, which saw average U.S. household minutes surpass 600 in April, dipped to around 550 average viewing minutes. While Disney Plus reached 200 average viewing minutes per household, then fell...

By Todd Spangler May 25, 2020 | Consumers have never had more options for streaming entertainment directly to their TVs, smartphones or computers. Which video streaming services are the best? Players jostling for share in the crowded subscription-video landscape include Netflix, Disney’s Disney Plus and Hulu, Amazon Prime Video, Apple TV Plus, and (starting this week) HBO Max. Which of these is the “best” SVOD service, of course, is a subjective...

By Lucas Shaw May 17, 2020 | Quibi is off to a rough start.  Don’t take it from me, take it from Quibi's co-founder, Jeffrey Katzenberg. The video app signed up fewer people than it expected in its first month, it failed to account for features those few users would want and it produced "daily essential" programs that are not essential. In an interview with...

By Tom Dotan May 14, 2020 | The Walt Disney Co.’s new streaming service may be the best thing going right now at the struggling entertainment giant, which is facing a once-in-a-generation crisis that has ravaged its movie, theme park and cruise businesses. But the company hasn’t spared the division that includes the fast-growing service—Disney+—from the frugality it has imposed on...