Industry News

By Stephanie Prange July 16, 2018 | Trade publication Media Play News chose 12 "captains" of the industry to profile in its inaugural  Women in Home Entertainment issue, out this week. Among those it puts in the spotlight: (above, l. to r.) Warner Bros. Home Entertainment's Jessica Schell, Sony Pictures Home Entertainment's Lexine Wong, 20th Century Fox Home Entertainment's Julia Howe, Movies...

By Jessica Toonkel, Tom Dotan and Priya Anand July 17, 2018 | Walmart is considering launching a subscription streaming video service to compete with Netflix and Amazon Prime Video, people familiar with the situation told The Information. Such a move could be enormously costly for the retailer but would demonstrate its determination to compete on multiple fronts with Amazon in particular. The...

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...