Industry News

By Jessica Toonkel February 8, 2019 | Under pressure from Netflix and Amazon, the entertainment industry is slowly consolidating. But one of the smallest of the publicly traded entertainment firms, AMC Networks, is resisting the trend. And in an interview, AMC CEO Josh Sapan warns that some of the big media deals underway may prove to be more challenging than anticipated...

By Erich Schwartzel and Maria Armental February 5, 2019 | Walt Disney Co. has less than a year to go before it finds itself operating three separate video-streaming services, and Chief Executive Robert Iger offered fresh details Tuesday on how that new strategy will affect the world’s largest entertainment company. For the first time, Disney reported quarterly earnings under a new company organization that introduces a direct-to-consumer segment—which...

By Paul Bond January 31, 2109 | Discovery says it isn’t interested in selling to CBS, or linking up with CBS and Viacom should those two eventually merge. But some analysts are saying that it’s something all three media companies should consider. Meanwhile, insiders speculate that Netflix may be in the mix because it might want a piece of Paramount, owned by Viacom. Netflix...

By Peter Kafka January 29, 2019| One terrible way to find out what Apple is planning on doing is to ask an Apple executive about Apple’s plans in public, before Apple is ready to make an Official Apple Announcement. People keep trying anyway. Today it was analyst Shannon Cross of Cross Research, asking Apple CEO Tim Cook about Apple’s TV plans. Spoiler: He didn’t...

By Cynthia Littleton January 29, 2019 | It’s become clear to Disney watchers that Chairman/CEO Bob Iger — who says he plans to step down when his contract expires in 2021 — has staked part of his legacy on proving that the empire can strike back with Disney streaming against Netflix and the upstarts that have so dramatically disrupted Hollywood’s old order....

By Jessica Toonkel January 28, 2019 | Amazon Channels looked intent on becoming a powerful player in the streaming video market by allowing people to sign up for a wide variety of services through their Prime Video accounts—so much so that Apple, Roku and potentially Facebook are now copying the company’s approach. But even as competition increases, Amazon is scaling back...

By Rani Molla January 16, 2019 | Netflix announced it will be raising its monthly subscription prices as much as 18 percent — but it has been steadily increasing rates since its first streaming jump in 2014.  Here’s what Netflix price increases have looked like over the years, according to data from investment research company Bernstein. Read more on Re/code. Related Articles: Netflix says over...

By Dawn C. Chmielewski January 18, 2019 | The Walt Disney Co. provided investors a more detailed look at its investment in building a direct-to-consumer streaming business in financial documents filed today with the SEC. The company re-cast Disney’s results for the past three fiscal years to align with the new corporate structure created with last March’s re-organization. While the numbers aren’t new (this isn’t a...

By Alex Sherman January 17, 2019 | At a time when NBC, Disney, AT&T, Viacom, Apple and others are considering subscription services for cord cutters, Walmart is abandoning its plans, according to people familiar with the matter. Instead, Walmart will focus on bolstering Vudu, the video service it acquired in 2010. The giant discount retailer opted not to move forward with a new streaming product after talks with...

By Sahil Patel January 16, 2019 | Interest in ad-supported streaming video — or AVOD, if you absolutely must — is growing at a rapid pace as a wide range of companies look to capture customers interested in free OTT video streaming on connected TV sets. But while this particular market is still in its growth stage, there are several indicators that...