Streaming continues to increase among all age groups, and nearly half of consumers say the services they’re using were acquired in just the last six months. This is good news for providers in the video space. Or, is it? [caption id="attachment_4121" align="alignleft" width="200"] Paige Hayes | PwC[/caption] While it’s true that cord cutting has more momentum than ever—the number of people who...
For the entirety of its history, watchable content has been confined. Boxed in the borders of a television, walled off behind a subscription fee, and tethered to the wall. Now, content is truly borderless. [caption id="attachment_4020" align="alignright" width="195"] Morgan Fiumi | Deluxe[/caption] Today, content fits every screen, travels to every region, and is available at any time. And there are no signs...
As industry executives, it’s a good idea to sometimes step back from the day to day and ‘act’ like a consumer in our world. Donna Thomas, SVP, Sales at Vubiquity is a dynamic executive by day, and by night, put on her consumer hat to talk about 4K from her armchair… I absolutely love TV! I watch way too much, but...
By Andrew Wallenstein April 16, 2018 | Don’t let Netflix’s quiet M&A track record fool you: The company is open to making the right deal, according to top execs who discussed that prospect in an appearance on the streaming service’s pre-taped discussion following its earnings report Monday. Though the Los Gatos, Calif.-based company has made only one acquisition in its 20-year history — comic-book publishing company Millarworld — Netflix chief...
By Patrick Brzeski April 17, 2018 | Digital media company Cinedigm Corp. will soon begin beaming Chinese entertainment into U.S. homes. Chris McGurk, Cinedigm's chairman and CEO, delivered a speech Tuesday at the Beijing International Film Festival in which he unveiled plans to launch a new over-the-top channel in North America dedicated exclusively to the distribution of Chinese film and television content. Read more...
By Rob Haskell April 12, 2018 | Despite his success, Iger and his venerable Disney brand face an existential threat from Silicon Valley, in particular from companies like Netflix and Amazon. The studio has wagered on content, beloved but mutable stories with loyal audiences; meanwhile, Netflix has made so much money on subscriptions that it suddenly gets to spend billions on...
By Todd Spangler April 12, 2018 | Netflix is spending a pretty penny on original entertainment — but while that stuff grabs most of the headlines, it’s actually licensed titles like TV show reruns that still form the core of the company’s streaming business. That’s according to a data analysis from 7Park Data, which found that 80% of Netflix U.S. viewing is from licensed content with...
By Gene Maddaus April 11, 2018 | Disney is taking the gloves off in its battle with Redbox, working to make it significantly harder for the kiosk operator to obtain DVDs of recent Disney releases. According to an amended complaint filed on Tuesday by Redbox, Disney has recently retained Anderson Merchandisers, an in-store merchandising company, in its effort to limit the kiosk operator's purchases of Disney DVDs....
By Lesley Goldberg April 9, 2018 | A month after landing the top job at Amazon Studios, Jennifer Salke has started to solidify her executive team. Salke, the former NBC Entertainment president who replaced the ousted Roy Price at the retailer and streamer, has tapped Albert Cheng to serve in the newly created position of co-head of television. Chief operating officer Cheng had replaced Price...
By Dawn C. Chmielewski April 9, 2018 | Disney is trying again to prevent Redbox from selling digital download codes for its movies after a federal judge rejected its initial request for an injunction that would have halted the practice. The Burbank entertainment giant filed an amended complaint today with U.S. District Court in Los Angeles, saying its made changes to its online license agreements to address the judge’s concerns that...
By Liana B. Baker, Jessica Toonkel April 6, 2018 | Netflix Inc. is offering more than $300 million to buy a company that owns billboards across Los Angeles, including on West Hollywood’s famed Sunset Strip, a move that could help it save money maintaining a high profile in the world’s entertainment capital, according to people familiar with the matter. The purchase of Regency Outdoor Advertising,...
