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Disney’s Streaming Business Valued North of $100 Billion, Per Barclays Analyst [THR]

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13 Jan

Posted at 14:09h in Industry News, Latest News

By T.K. Arnold January 13, 2020 | Consumer spending on home entertainment rose 8.4% to a record $25.2 billion in 2019, spurred by the at-home sector’s biggest growth engine, digital, according to DEG: The Digital Entertainment Group. Subscription streaming, digital movie sales and digital movie rentals over the Internet all generated significantly more money than they did in 2018, DEG reported. The trade association...

07 Jan

Posted at 12:28h in Latest News, Member News

By Nick Statt January 6, 2020 | Sony’s CES 2020 press conference was a brief one, but it did have some interesting news. The company revealed the PlayStation 5 (aka the PS5) logo for the first time and shared some new sales milestones for its existing PS4 platform and its PSVR virtual reality headset. Sony also revealed a first for the Japanese consumer electronics...

07 Jan

Posted at 12:12h in D2C News, Industry News

By George Szalai January 7, 2020 | Walt Disney's streaming business, including the recently launched Disney+ as well as Hulu and ESPN+, is being valued by the stock market at more than $100 billion, Barclays analyst Kannan Venkateshwar estimates. The Barclays analyst in a Monday report estimated the enterprise value of Disney’s core business, including its movie, networks and theme parks operations, at...

07 Jan

Posted at 12:02h in Industry News, Latest News

Above: Sharing a stage at the UHD Alliance's Filmmaker Mode press conference Jan. 6 are, from left, Makoto Morise of Panasonic; Ken Lowe of Vizio; Michael Zink and Mike Fidler, chairman and president, respectively, of the UHD Alliance; Nandhu Nandhakumar of LG Electronics; and Bill Mandel of Samsung. By Stephanie Prange January 6, 2020 | Three Hollywood guilds, the Film Foundation, consumer...

02 Jan

Posted at 17:23h in Industry News, Latest News

By Dade Hayes, Nellie Andreeva, Dominic Patten December 31, 2019 | Hollywood’s unofficial wake-up call came on February 1, 2013, when Netflix dropped the first season of House of Cards in a single, binge-able chunk. While that distinctive release pattern hasn’t yet become the official norm — many new rivals to Netflix insist on the traditional episode-at-a-time approach — the whole gestalt...

31 Dec

Posted at 17:08h in Industry News, Latest 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...

27 Dec

Posted at 16:50h in
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By Patience Haggin and Sahil Patel December 26, 2019 | Comcast Corp. is in advanced talks to acquire video-streaming company Xumo LLC, according to people familiar with the matter, as the cable giant prepares to launch its own streaming service. Talks between the two companies are exclusive, and it is possible that negotiations could break down, some of the people said. Financial...

24 Dec

Posted at 16:59h in Latest News, Member News

By Ben Munson December 23, 2019 | Together, HBO Max and Peacock will shake up the streaming video industry in 2020 by virtue of the massive resources their parent companies (AT&T and Comcast, respectively) have to invest toward their success. Individually, they could have varying impacts on the SVOD and AVOD markets. The goal posts are moved for HBO Max before it...

17 Dec

Posted at 13:23h in D2C News, Industry News

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),...

13 Dec

Posted at 12:37h in D2C News, Latest News

By Christopher Palmeri December 13, 2019 | Walt Disney Co.’s new streaming service, Disney+, signed up 10 million customers last month, well ahead of expectations. And it’s got a buzzy show with the Star Wars spinoff The Mandalorian. Now the world’s largest entertainment company has to figure out how to keep people from canceling the service after that series’ season finale on Dec. 27 or when...