According to a survey by by SurveyMonkey for the Wall Street Journal, 36% of those age 18-38 reported that they’ve chosen streaming TV over sex. The older crowd has less of an issue putting down the remote — only 16% of those 39 and over reported the same.
Gov. Andrew Cuomo announced Thursday that the San Jose, California-based entertainment video-streaming service will invest up to $100 million in the city.
Lines are blurring or becoming more stark among different tech, media and telecom companies. Telecom companies are producing content, while platform companies are exploring new services like internet connections. That means sectors are no longer staying in their lanes, and regulatory scrutiny is shifting.
Exclusives
Netflix expects a $3.5 billion deficit in its free cash flow this year over the $3 billion previously estimated. In its earnings, the company also expects to add fewer subscribers than forecast, projecting a net addition of 5 million subs over Wall Street’s 6.09 million expectation.
“We don’t anticipate that these new entrants will materially affect our growth because the transition from linear to on-demand entertainment is so massive and because of the differing nature of […]
For OTT Revenue, Diverse Models Needed
Against market headwinds, OTT monetization won’t happen with a single scheme. Instead, it needs a flexible range of subscription models, advertising and even transactional approaches, experts say.
Nugen Audio will be displaying its latest updates to its Loudness Toolkit and Halo Downmix, enabling its customers to more easily provide Netflix-ready content, at next week’s NAB Show (booth SL8330). These […]
The Justice Department has warned the Academy of Motion Picture Arts and Sciences that its potential rule changes limiting the eligibility of Netflix and other streaming services for the Oscars could raise antitrust concerns and violate competition law.
The departure of two Latino-themed shows — Netflix’s One Day at a Time and CW’s Jane the Virgin — demonstrates the challenges such projects still encounter on networks and streaming services. Networks may feel pressure to tap into the growing Latino population — now the largest minority group in the U.S. — but the shows often receive limited promotions and are on a short leash from executives who want to see good ratings fast.
Netflix, the world’s dominant streaming service, will not make its TV shows and movies available through Apple Inc’s upcoming video offering, Netflix CEO Reed Hastings said on Monday. “We prefer to let our customers watch our content on our service,” Hastings told reporters at the company’s offices in Hollywood. “We have chosen not to integrate with their service.”
The tech company, about to have a showcase event on its campus, is expected to reveal details about a dozen or more programs ready to go or almost done.
One Day at a Time has been canceled at Netflix after three seasons. According to an individual with knowledge of the situation, producer Sony Pictures Television plans to shop the series elsewhere. The reboot of the classic Norman Lear sitcom was co-created Gloria Calderon Kellett and Mike Royce, who also serve as co-showrunners.
Netflix is adding age ratings to more content on its U.K. service after partnering with the British Board of Film Classification. The goal of the new collaboration “is to work towards 100% coverage of BBFC age ratings across the platform,” the ratings board said.
Kelly Bennett is leaving as Netflix’s chief marketing officer after more than six years leading the streaming giant’s branding and advertising teams during a period of massive growth.
Reports that Steven Spielberg intends to support rule changes that could block Netflix from Oscars-eligibility have provoked a heated, and unwieldy, debate online. It has found the legendary filmmaker at odds with some industry heavyweights, who have pointed out that Netflix has been an important supporter of minority filmmakers and stories, especially in awards campaigns, while also reigniting the ongoing streaming versus theatrical debate.
An upcoming legal faceoff over executive hiring could completely upend the traditional studio practice of locking in employees through long-term contracts. Is the entertainment world ready to embrace the gig economy?
Netflix didn’t end up winning a best picture Oscar last night for Roma, but the service can take solace in knowing that its originals are a hit with consumers. According to new figures from the American Consumer Satisfaction Index, as of Feb. 7, 2019, Netflix earned an ACSI score of 81 (out of 100) for its original content. The group said that Netflix’s ACSI score is up 2.5% since May 2018.
The streaming service landscape is growing. The industry, once dominated by a few companies, is now more than a dozen strong, and more players keep entering the game. Comcast, Warner Bros. and Disney are the latest entries, signifying a major shift in strategy for traditional cable television companies. And that could be bad news for Netflix, in particular.
Onetime film and television CEO Barry Diller offered an apocalyptic vision of the entertainment business during a podcast interview, arguing that in the face of Netflix and Amazon, “Hollywood is now irrelevant” and yet “those who chase Netflix are fools.”
Apple is targeting April to debut a new streaming product that will include original content free for Apple device owners and a platform to subscribe to other digital media services. HBO hasn’t signed on to the service due to a disagreement over revenue sharing with Apple. Netflix and Hulu aren’t expected to be a part of the “Channels” service.
Georgia lawmakers, coaxed by dozens of lobbyists swarming the state Capitol, are pushing for a tax on digital video, books, music and video games.
FX Networks chief John Landgraf has long criticized Netflix’s quest to dominate television, and has advocated for the streaming giant’s shows to be evaluated, numbers-wise, in the same way that broadcast and cable series are. But now that Netflix has finally begun selectively touting its’ audience, he’s labeling its claims as bogus.
Fox and Netflix’s long legal dust-up over the streamer’s snatching of two executives almost three years ago is heating up as the former attempts to get the upcoming trial pushed back and the sparring latter wants to draw Rupert Murdoch’s New Fox and almost every other studio in town into the damning action.
CBC/Radio president Catherine Tait told Netflix’s Canadian lobbyist during an industry conference that the globally-expanding streaming giant reminded her of the former British and French empires.
