Industry News

By Chaim Gartenberg December 31, 2019 | The Witcher has everything it needs to be Netflix’s next success: popular source material, a massive marketing campaign, a well-received performance by Henry Cavill, and an iconic meme in the form of the hit song “Toss A Coin To Your Witcher.” Yet, while certainly popular, it doesn’t seem like The Witcher is going to become...

By Erik Hayden December 17, 2019 | A new survey of Disney+ subscribers suggests that the most-viewed content category on the platform isn't new originals but its library of vault classics like The Lion King and Mary Poppins. Roughly 22 percent of Disney+ subscribers among all age groups say they watch classics the most on the platform, topping those who cite Star Wars (21 percent), Marvel (15 percent),...

By Ryan Vlastelica December 10, 2019 | Netflix Inc. was downgraded to the equivalent of a sell at Needham, which reiterated its view that the video-streaming company was at risk of losing millions of U.S. customers in 2020 given rising competition, including from low-cost rivals. The company “must add a second, lower priced, service to compete with Disney+, Apple+, Hulu, CBS All Access and...

By Scott Roxborough December 2, 2019 | Netflix's strategy of working with, not competing against, major pay-TV operators, is paying off, according to a study published Monday by media research group Ampere Analysis.  The report finds that Netflix has theoretical access to more than 300 million pay-TV households worldwide, almost double the company's current global subscriber base of 158 million, thanks to an...

Above: The holiday shopping period is traditionally a prime time for studios to promote souped-up movies and TV shows for purchase, and this year is no exception: Warner Bros., for example, recently released what it billed as the “ultimate makeover” of “Wizard of Oz” on Ultra HD Blu-ray with 4K resolution. By Todd Longwell December 2, 2019 | Now that the streaming apocalypse is fully...

By Gerry Smith November 8, 2019 | A coalition that includes Netflix Inc., HBO and cable-industry titans is stepping up efforts to crack down on password sharing, discussing new measures to close a loophole that could be costing companies billions of dollars in lost revenue each year. Read more on Bloomberg related articles: Netflix tracks shows by measuring ‘starters,’ ‘watchers,’ and ‘completers’ [The Verge] Reed...

By Gerry Smith November 6, 2019 | Netflix Inc. expects to spend a $15 billion on programming this year, dwarfing its streaming rivals. But it’s just getting started. Chief Executive Officer Reed Hastings said at the DealBook conference that the company’s expenditures on shows and movies will only grow. “We plan on taking spend up quite a bit,” he said Wednesday at the New...

By Erik Gruenwedel November 7, 2019| AMC Theatres is digging deeper into home entertainment. The world’s largest theatrical chain on Nov. 7 disclosed it plans to start selling AMC Networks movies on its digital platform, AMC Theatres On Demand. Hailed as the first-ever cross platform marketing partnership between theatrical and home entertainment distributors, AMC said the movies (including RLJ Entertainment titles) can be purchased...

By Media Play Staff October 21, 2019 | Welcome to Media Play News’ second annual 40 Under 40 — our yearly list of rising stars in the fast-changing world of home entertainment. The proliferation of streaming services, alongside the traditional transactional business, has broadened our industry more than anyone could have imagined. “Direct-to-consumer” is Hollywood’s new buzzword, and what that means is putting consumers...

By Gregg Tarr October 8, 2019 | Sony’s next-generation gaming console will officially be called PlayStation 5 when it hits the market during the 2020 holiday season, Jim Ryan, Sony Interactive Entertainment (SIE) president announced Tuesday in a blog on the Playstation website. Ryan confirmed details on the new game player first reported by Wired.com, including the fact that the device will have an...