Industry News

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...

By Beejoli Shah January 14, 2019 | With his new mobile video startup Quibi, veteran Hollywood executive Jeffrey Katzenberg is trying to turn short videos for mobile phones into can’t-miss programming. He has promised to stack Quibi with 5,000 10-minute episodes of various movies or TV shows within its first year of launch. But at a time when there’s no shortage...

By Todd Spangler January 10, 2019 | Amazon has extended its tentacles into the ad-supported VOD space — stocking IMDb with a back-catalog of dozens of movies and TV shows that are free to watch.  The Amazon-owned movie database site has launched IMDb Freedive (imdb.com/freedive), a free streaming video channel available in the U.S. An IMDb rep declined to say how many titles are initially available, other...

BY TODD SPANGLER January 10, 2019 | Amazon has extended its tentacles into the ad-supported VOD space — stocking IMDb with a back-catalog of dozens of movies and TV shows that are free to watch. The Amazon-owned movie database site has launched IMDb Freedive (imdb.com/freedive), a free streaming video channel available in the U.S. An IMDb rep declined to say how many titles...

By Andreas Wiseman JANUARY 7, 2019 | IMAX is rolling out its ‘Enhanced’ home ent content via partnerships with streamers Tencent Video (China), FandangoNow (U.S.) and Rakuten TV (Europe), and device partners Arcam, Elite, Integra, Lexicon, Onkyo, Pioneer, TCL and Trinnov. Among first movies made available in the program will be Sony’s Venom and Alpha. Content is due to roll out on streaming services and...

By Eric Newcomer January 4, 2019| Buzzy original thrillers like “Bird Box,” or choose-your-own-adventure gambits like “Bandersnatch” aren’t cheap. And as Netflix’s public profile has climbed, so have its losses. Analysts predict that the company will report about $3 billion in negative cash flow for 2018, up from $2 billion in the previous year. Fans of wildly expensive, high-quality television should hope...