Industry News

By Stephanie Prange July 17, 2018 | Indie suppliers need to maximize existing businesses while embracing the new digital marketplace, said keynote speaker Bill Sondheim, president of the Cinedigm Entertainment Group, during his “State of the Industry” keynote presentation at the Los Angeles Entertainment Summit July 17. While “DVD and the physical formats in general will not be the longtime revenue drivers we’ve...

By Cynthia Littleton July 12, 2018 | SUN VALLEY, Idaho — Jeff Bezos had the Allen & Co. conference crowd transfixed on Thursday morning as the Amazon CEO spoke about the evolution of his company, what he looks for in leaders, and his ambitious plan to develop the world of outer space for the betterment of humanity. Bezos was the headliner of Day 3 of...

By Greg Tarr July 13, 2018 | Despite some early challenges, shipments of 4K Ultra HD Blu-ray players continued to climb at significant rates over the first half of 2018, according to data from two prominent consumer A/V market research firms. Stephen Baker, technology business analyst for the Port Washington, N.Y.-based NPD Group, said that so far Ultra HD Blu-ray player sales increased...

By Pamela McClintock July 11, 2018 | Summer box office is booming, yet for the first time in two decades, Warner Bros. is largely taking a vacation. Sony Pictures and Paramount, which traditionally have competed heavily in the warm-weather blockbuster season, have generated just 2.2 percent and 4.2 percent of domestic market share, respectively, from May 4 to July 8, with only...

By Michael Rapoport July 8, 2018 | Is it a TV show or a really long movie? In the streaming, binge-watching era, the line between the two has gotten blurry—and that could eventually help nudge earnings upward at companies like Amazon.com Inc. and 21st Century Fox Inc.  Accounting rule makers have tentatively agreed that companies should account for their costs of producing TV shows in the same...

By Daniel Kohn July 5, 2018 | Fans who couldn’t wait to see the red band trailer of Sony’s upcoming “Khali the Killer” film were in for a major surprise when they went to check it out… and it wasn’t due to its violent content. Instead, when the clip was posted on Tuesday, the entire movie landed on Sony’s official YouTube page, accidentally...

By Todd Spangler July 4, 2018 | Netflix is kicking the tires on a new high-end streaming plan — dubbed “Ultra” — to see whether consumers are willing to pay more for four Ultra HD streams or content in HDR format. The Ultra plans cost $16.99 per month and is being tested in two versions. One offers four Ultra HD streams, while the existing $13.99 Premium plan would drop...

By Paul Bond June 27, 2018 | Amazon should buy CBS so that its Prime Video subscription service can give Netflix a run for its money, an analyst said in a research note he distributed to clients this week. "Despite all of Amazon's many accomplishments, Prime Video appears to be lagging in both usage and reach," wrote Michael Nathanson of MoffettNathanson, an independent...

By Antonio Villas-Boas June 27, 2018 | Headphones may start to look like old technology in 2019 when Noveto, a startup based in Israel, showcases its new "focused audio" devices to attendees of the biggest tech show of any year, CES. Noveto has come up with a technology that can do exactly the same thing as headphones — deliver sound right to your...