By Dawn C. Chmielewski January 18, 2019 | The Walt Disney Co. provided investors a more detailed look at its investment in building a direct-to-consumer streaming business in financial documents filed today with the SEC. The company re-cast Disney’s results for the past three fiscal years to align with the new corporate structure created with last March’s re-organization. While the numbers aren’t new (this isn’t a...
By Alex Sherman January 17, 2019 | At a time when NBC, Disney, AT&T, Viacom, Apple and others are considering subscription services for cord cutters, Walmart is abandoning its plans, according to people familiar with the matter. Instead, Walmart will focus on bolstering Vudu, the video service it acquired in 2010. The giant discount retailer opted not to move forward with a new streaming product after talks with...
By Sahil Patel January 16, 2019 | Interest in ad-supported streaming video — or AVOD, if you absolutely must — is growing at a rapid pace as a wide range of companies look to capture customers interested in free OTT video streaming on connected TV sets. But while this particular market is still in its growth stage, there are several indicators that...
By Beejoli Shah January 14, 2019 | With his new mobile video startup Quibi, veteran Hollywood executive Jeffrey Katzenberg is trying to turn short videos for mobile phones into can’t-miss programming. He has promised to stack Quibi with 5,000 10-minute episodes of various movies or TV shows within its first year of launch. But at a time when there’s no shortage...
By Todd Spangler January 10, 2019 | Amazon has extended its tentacles into the ad-supported VOD space — stocking IMDb with a back-catalog of dozens of movies and TV shows that are free to watch. The Amazon-owned movie database site has launched IMDb Freedive (imdb.com/freedive), a free streaming video channel available in the U.S. An IMDb rep declined to say how many titles are initially available, other...
BY PAUL BOND January 10, 2019 | In 2015, there were 205.4 million traditional pay television subscribers in the U.S., but by 2022, the number will have fallen to just 169.7 million, eMarketer estimates. Observers increasingly believe it is inevitable that the era of bundled streamers is near as households tire of paying an average $107 a month for cable. As the great de-bundling...
BY TODD SPANGLER January 10, 2019 | Amazon has extended its tentacles into the ad-supported VOD space — stocking IMDb with a back-catalog of dozens of movies and TV shows that are free to watch. The Amazon-owned movie database site has launched IMDb Freedive (imdb.com/freedive), a free streaming video channel available in the U.S. An IMDb rep declined to say how many titles...
BY DADE HAYES January 08, 2019 | Overall home entertainment spending by U.S. consumers climbed 11.5% in 2018 to a record $23.3 billion, according to the Digital Entertainment Group, an industry consortium. Announcing the preliminary annual figures during CES, the DEG noted an especially strong fourth quarter, when spending increased 13% to $6.3 billion. With physical sales and rentals of DVD and Blu-ray discs...
By THR Staff JANUARY 7, 2019 | No, CBS and Viacom won't merge (but Verizon will be a buyer), Netflix growth will slow as Disney goes OTT, a tech giant will gobble up a major studio, Sean Hannity will leave Fox News and more bold forecasts comprise our Hollywood predictions 2019. In 2019, mergers and acquisitions also will help some larger conglomerates more...
CONTACT: Marcy Magiera Marcy@degonline.org New subset group will support Direct-to-Consumer media in creating a robust marketplace to lead the new era of content consumption LAS VEGAS (January 8, 2019): DEG: The Digital Entertainment Group is pleased to pioneer a new direction in media industry advocacy with the formation of the DTC Alliance as a subset of DEG membership. Every major media company and TV network will launch a Direct-to-Consumer (DTC)streaming service in the next five years representing a...
