Industry News

By Brett Lang and Andrew Wallenstein May 17, 2018 | Sony Pictures Entertainment chairman Tony Vinciquerra is continuing to streamline the studio with a series of new cost-saving cutbacks and realignments across its television and movie divisions aimed at improving the bottom line. As part of the overhaul, Sony plans to fold its home entertainment department into its television arm, which, according to sources, will likely...

By Adrianne Pasquarelli May 9, 2018 | Best Buy is tapping its own 100,000 blue-shirted employees as the stars of its new marketing campaign, a rebranding effort designed to highlight the retailer's personalized customer service. On Wednesday, the Minneapolis-based electronics chain is rolling out a new website and logo, and will air TV spots later this week. Read more on AdAge....

By Lucas Shaw, Gerry Smith and Mark Gurman May 9, 2018 | For the first time, Apple plans to begin selling subscriptions to certain video services directly via its  TV app, rather than asking users to subscribe to them through apps individually downloaded from the App Store, according to people familiar with the matter. This would simplify the process and bolster Apple’s TV...

By Ben Munson May 9, 2018 | Netflix won’t be the only service missing out on Disney content once the company launches its own streaming service in late 2019. Disney CEO Bob Iger said that the company will be pulling back all of its content that is distributed and monetized on third-party platforms.  “We are fully committed to not only bringing the product to...

By Anousha Sakoui May 8, 2018 | The clock may be ticking for MoviePass Inc. and owner Helios & Matheson Analytics Inc. Helios & Matheson said in a filing Tuesday that it had just $15.5 million in cash at the end of April, and the firm has been going through about $21.7 million a month. It also has $27.9 million on deposit with merchant processors. Read more...

By Amol Sharma May 8, 2018 | Cable giant Comcast Corp. is getting the pieces in place to make a hostile bid for 21st Century Fox’s entertainment assets should it choose to do so, according to people familiar with the situation. Fox agreed in December to sell the assets in question to Walt Disney Co. for $52.4 billion in stock. Read more on The...

By Mike Farrell May 4, 2018 | BTIG media analyst Richard Greenfield – one of the early backers of the over-the-top model – predicted that online retailer Amazon is best poised to become the most disruptive force in the pay television industry, outpacing Netflix and using its vast resources to fund forays into sports and other entertainment. “They [Amazon] are all about the...

By Liz Shannon Miller May 1, 2018 | The concept of Choose-Your-Own-Adventure storytelling isn’t a new one; just ask any ’80s kid who grew up reading the classic book series, where you jumped from section to section based on your own decisions. But Netflix has now evolved the experience off the page and on the screen — taking advantage of the streaming model in new...

By Jeff Prince and Shane Greenstein April 24, 2018 |  Users have always wanted to save money on their subscriptions, for example, so price is a factor. Delivery method and technology matter too. But perhaps most important is original content, which some industry insiders believe can and does drive streaming subscriptions. Consistent with this belief is the recent trend of streaming content providers investing...