By Gerry Smith October 18, 2018 | Consumers like Emery represent an inconvenient truth for streaming video latecomers. Just 16 percent of U.S. broadband homes subscribe to three or more video services, according to researcher Parks Associates. And nearly two-thirds of TV homes already get at least one of the big three: Netflix, Amazon Prime or Hulu, according to Nielsen. That’s the dilemma...
By Dan Frommer October 16, 2018 | Netflix’s quarterly letter to shareholders, released with its third-quarter results this afternoon, includes the usual discussion of the quarter and the broader industry. But it also includes this great chart, showing its young stars’ grow their Instagram followers after Netflix launches: Read more on Recode. ...
BY RYAN FAUGHNDER October 15, 2018 | Former Paramount Pictures executive Megan Colligan is joining Imax Corp. in a major leadership change for the big-screen movie exhibitor as the company prepares for its future in an increasingly competitive market. Colligan, who mostly recently led marketing and distribution at Paramount, will become president of Imax Entertainment in February, Imax said Monday. Once installed,...
BY NATALIE JARVEY October 10, 2018 | AT&T's WarnerMedia division is prepping a new direct-to-consumer streaming service that will feature its portfolio of entertainment brands, including HBO. WarnerMedia CEO John Stankey on Wednesday announced the new product onstage at the Vanity Fair New Establishment Summit, noting that it is expected to launch in the fourth quarter of 2019. "You're going to see a stronger...
BY ALEX SHERMAN October 10, 2018 | Seven years ago, Walter Isaacson wrote that Apple founder Steve Jobs told him he'd "cracked" the code on bringing television into the digital age. Seven years later, the world is still waiting. But Apple's not giving up, even if it isn't revolutionizing the industry. Apple is preparing a new digital video service that will marry original content and subscription...
By Mike Fleming Jr. October 8, 2018 | Sources said there shouldn’t be much surprise when an announcement is made as early as later this week about the new Disney-Fox film structure. Alan Horn will be top dog. Several levels below is anyone's guess. There are sharp executives, but they will have to wrap their arms around the fact that a large part of their...
By Todd Spangler October 7, 2018 | Walmart, America’s biggest bricks-and-mortar retailer, is taking its first crack at original entertainment. Vudu, the company’s streaming-video arm, has struck a partnership with MGM under which the studio will create original series based on franchises from its extensive film and TV catalog. Those shows will be exclusively licensed to Vudu for North America, and available on Vudu’s free, ad-supported Movies...
By Lucas Shaw October 4, 2018 | Peter Roth knew it was time to take out his checkbook. Roth, the head of Warner Bros. Entertainment Inc.’s TV studio, had just watched Netflix Inc. lure top producers from several rivals by offering them more money than they’d ever made before. Ryan Murphy, the creator of American Horror Story, left 21st Century Fox Inc. for a deal worth...
By Jason Guerrasio October 2, 2018 | Panos Cosmatos' acid-laced revenge movie starring Nicolas Cage, "Mandy," isn't just having a solid theatrical run, it's defying the release strategy of most day-and-date movies before it. In the three weeks since opening, the movie has only played in 210 theaters, but to date it's grossed close to $840,000. And that doesn't even count the money coming in...
BY STEPHANIE PRANGE October 2, 2018 | Lionsgate has signed Ron Schwartz to a new long-term agreement as president of Lionsgate Worldwide Home Entertainment. Schwartz will oversee the company’s nearly $1 billion-a-year worldwide home entertainment operations, including the domestic and international home entertainment sales of Lionsgate’s feature film slate, its television businesses, a nearly 17,000-title film and television library, and the slate...
