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By Mike Farrell June 5, 2018 | PricewaterhouseCoopers predicts that OTT video revenue, which grew 15.2% in 2017, will rise at an 8.8% annual clip from 2018 to 2022, fueled by increased growth internationally and the focus on original content. According to PwC’s Global Entertainment and Media Outlook 2018-2022 report, the researcher said total OTT revenue reached $20.1 billion in 2017, a 15.2%...

By Sahil Patel June 4, 2018 | Amazon has become a significant driver of subscriptions for TV companies with over-the-top streaming channels. But even as Amazon Channels assumes the role of a powerful player between TV networks and viewers, networks say they’re not too concerned about ceding too much control to the tech giant. Launched in late 2015, Amazon’s Prime Video Channels program...

By Todd Spangler June 1, 2018 |  Hulu CEO Randy Freer has made a series of sweeping organizational changes, leading to the departure of three top execs — chief content officer Joel Stillerman, Tim Connolly, senior VP of partnerships and distribution, and Ben Smith,  senior VP of experience. Its content teams will now be organized into two groups: one combining live TV and subscription VOD content licensing, acquisition...

Photo: Asa Mathat for Vox Media   By Edmund Lee May 30, 2018 | Recode Executive Editor Peter Kafka gamely asked AT&T CEO Randall Stephenson why it makes sense for his company to spend $85 billion to own Time Warner when it could simply license that same content. His answer came down to Netflix. “A key variable is the direct relationship with the customer, and a...

(Above)  'Dear Dictator' is a new release from Cinedigm, which is pushing into China.   By Stephanie Prange and Erik Guenwedel May 27, 2018 | In a marketplace dominated by major studio blockbusters and digital goliaths, indie film suppliers are holding their own in home entertainment. These scrappy companies are showing resourcefulness and cunning, embracing technology and industry consolidation, while staying true to their...

By Pamela McClintock May 28, 2018 | Lucasfilm and Disney are facing a moment of reckoning. Solo: A Star Wars Story's initial performance marks a rare loss for Disney. Moreover, it is forcing the studio to reexamine its strategy for the iconic Star Wars franchise, which Disney took over when it bought Lucasfilm for more than $4 billion in 2012. Most box-office analysts say the...

By Bryn Elise Sandberg May 24, 2018 | With deep-pocketed Netflix poaching hitmakers Shonda Rhimes and Ryan Murphy with nine-figure paydays, rivals are "going bats— crazy" and leveraging their broad assets to secure creators amid "insane" bidding wars. Without the seemingly bottomless pockets of their streaming counterparts, studios are getting creative, banding together the various arms of their business for deals across the...

By John Archer May 22, 2018 | The 4K Ultra HD Blu-ray format has taken another important step forward today with the announcement by Redbox that it’s starting to include 4K titles in its disc rental service. The first 4K Blu-ray titles will be appearing initially in 2,500 Redbox kiosks in six test markets across the US: Austin, Detroit, Los Angeles, Miami, New...

By Daniel Holloway May 21, 2018 | Netflix has secured a deal with former President Barack Obama and First Lady Michelle Obamato produce Netflix Originals series and movies for the streaming service. The former first couple will, according to an announcement Monday from the company, potentially work on scripted and unscripted series as well as docu-series, documentary films, and features under the multi-year deal. Signing the Obamas...

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...