In addition to live channels that feature national news, superstar talent and marquee content partners, Local Now’s state-of-the-art streaming platform now also delivers original local news, weather and information, customized by market.
TV streaming service Philo today announced that it is adding Crackle, an AVOD (Ad-supported Video on Demand) service owned and operated by Crackle Plus, bringing thousands of movies and […]
Never before have so many countries, including China, moved with such vigor at the same time to limit the power of a single industry.
Subscriptions at streaming giant surged last year, but consumers are now looking to get out.
The deal includes the Japan launch of ViacomCBS’s kids streaming channel Nick+, as well as a dedicated Nickelodeon zone for merchandise sales on Rakuten’s flagship e-commerce platform.
While the streaming wars have added many competitive services to Netflix, the end result of media’s shift to streaming may cement Netflix as the center of household entertainment. Since the day Disney+ launched, Netflix shares have risen more than 87%. That dwarfs gains by every other media company during the same time period.
Exclusives
Let’s Not Overregulate Broadcasters Yet Again Because We’re Upset With Facebook
NAB General Counsel Rick Kaplan: “The FCC should not simply saddle broadcasters with this needless obligation — or rather, multiple needless obligations — because it can regulate broadcasters but not social media companies. That is regulation at its worst, and it should not make a return. If the commission can’t address a widespread problem that occurs almost exclusively on other platforms, why not ask Congress to step in with regulations that actually meet the problem rather than reflexively burdening over-the-air broadcasters? If anything, the Commission should be reticent to add burdens on one industry that are wildly asymmetrical to the regulation of other industries and that will barely address the actual problem.”
Major TV networks are pushing brand TV advertisers to shift a significant part of their linear, live TV upfront budgets — 20% to 30% — into media company-owned connected TV platforms, according to media-buying executives. This comes a year after legacy TV-based media companies ramped up premium streaming CTV platforms, while recording sharply declining viewership on live, linear TV networks. “It is where their inventory is,” explains one veteran media agency executive.
iHeart will distribute podcasts currently produced by the league’s media division. The two parties will also team up to produce and distribute podcasts currently in the works.
Subscriptions may be the rage, but businesses of all sorts are pouring money into advertising — digital most of all.
The streaming gold rush of 2017-18, when Netflix scooped up big-name television creators, now seems to have migrated to the film world.
Charles “Chuck” Geschke, the co-founder of the major software company Adobe Inc. who helped develop Portable Document Format technology, or PDFs — died April 16 at age 81.
A slew of new companies are launching platforms for local newsletters, a shift that could help finally bring the local news industry into the digital era.
NBC flagship WNBC New York just launched a daily 10-minute(ish) newscast designed primarily for streaming consumption — specifically Roku and Apple TV. It relaunched it actually, the original News 4 Now was a two-minute news summary that fell victim to COVID. With pandemic pressures easing, WNBC made bringing back the “digicast” a priority, for a simple reason that other stations all over the country are starting to address as well. “What has happened since is that OTT has really exploded for us,” says Ben Berkowitz, VP of digital for WNBC and its Telemundo sibling, WNJU. “The growth has been extraordinary.”
For the second straight week, there were no breakout hits, and the ratings charts were dominated by reruns of Grey’s Anatomy, Criminal Minds … and Cocomelon.
Amazon spent a cool $11 billion on TV series, movies and music for its Prime services last year, an increase of 41% from $7.8 billion in 2019, the ecommerce giant disclosed in its annual report Thursday. The total content spending includes licensing and production costs associated with video and music offered to Amazon’s Prime members, as well as costs associated with digital subscriptions and content that the company sells or rents, the company said.
The House Judiciary Committee lhas formally approved a report on monopoly power in digital marketplaces. The over 400-page document depicting ways that Alphabet, Amazon, Apple and Facebook allegedly abuse their market power was approved on a 24-17 party-line vote.
The Writers Guild of America West announced on Thursday that it has reached a settlement with CBS that will see the network pay $3.4 million in residuals for 62 TV shows added to the since-rebranded CBS All Access streaming service.
The tiny red hearts that appear under Instagram photos of kids, kittens and sandwiches can be a source of stress for many users, an insidious way of measuring self worth […]
Reuters today became the latest news site to put its content behind a paywall. Parent company Thomson Reuters plans to launch a new subscription-based website as “part of a broad initiative to court business professionals.” Reuters “is hoping to attract professional audiences prepared to pay $34.99 per month for a deeper level of coverage and data.” The new site will focus on coverage of legal, health and auto issues, among others.
With media companies pivoting to streaming, analyst Michael Nathanson of MoffettNathanson is asking if streaming is really a better business than traditional pay TV. His conclusion: With Netflix the only mature streaming company to use as a model, domestic streaming isn’t all that much different in terms of profit margins from low-end basic cable and premium pay networks, said Nathanson in a report.
As legacy media companies like Disney, WarnerMedia, ViacomCBS and Comcast have launched their own direct-to- consumer divisions, the demand for preexisting storylines that offer recognizable titles, characters, stars and settings has turned into a frenzy. As such, entertainment giants have reorganized their businesses around their recognizable intellectual properties — known in industry parlance as IP — regardless of how the content is ultimately delivered to the consumer. In doing so, they are building out vast interconnected “universes” with the potential to yield greater numbers of projects across all of their production divisions.
The global streaming wars are driving unprecedented investment in TV production, with new outlets like Disney+ betting big on international content, but one executive says: “It’s make hay while the sun shines.”
The local news playlists are available through Peacock’s “News” tab. Audiences can access content produced by the stations for streaming audiences, as well as local news headlines.
