The European Commission’s Digital Single Market strategy will destroy Europe’s independent film and television market in favor of global technology companies.
More and more consumers are piecing together entertainment content from multiple services rather than relying on a traditional cable television package.
After years of internal divisions, family squabbles, lawsuits, and sexual harassment investigations, Viacom and CBS are starting to resemble real companies again.
WarnerMedia’s decision may seem at odds with the company’s overall strategy to bring owned content ‘in-house’ to make it exclusive on its new streaming site.
As media markets reach a consolidation fever pitch, three companies will emerge controlling nearly all content creation and distribution in the United States.
March 13, 2018FilmTakeComments Off on Netflix Will Spend $8 Billion on 700 Shows and Films in 2018
Netflix is slated to spend $8 billion on original and acquired content in 2018. The company is taking bold action to stay ahead of growing competition.
Television advertising sales in the U.S fell 8% to $61 billion in 2017 – the biggest slump in 20 years. Sales at cable networks dropped for the first time in a decade.
Walt Disney Co’s deal to buy film, television and international businesses from Murdoch’s Twenty-First Century Fox is valued around $40 per share, or $75B.