December 7, 2023FilmTakeComments Off on Surging Growth in Third-Party Licensing as Studios Drop Exclusive Deals
The shift away from originals at Netflix is welcome news for distributors that have grown wary of content exclusivity and are again licensing films and shows to their streaming competitors, especially Netflix, which pays top dollar.
November 14, 2023FilmTakeComments Off on The Reel Revolution: Film & TV Industry at a Crossroads Post SAG Strike
After an arduous 118-day standoff, the SAG-AFTRA has finally brokered a provisional three-year contract with major studios, potentially concluding the extensive actors’ strike of 2023. The recent end to both the writer’s and actor’s strikes marks a pivotal moment in the industry.
September 21, 2021FilmTakeComments Off on Netflix’s First Half Subscriber Growth Falls Significantly From Last Year
Netflix’s subscribers have slowed sharply in the first half of this year compared to 2020 because of the popularity of Disney+ among families, the loss of popular licensed content, and other streaming competition from the major studios.
Theatrical buyers, streaming services, and networks are all taking a fresh look at independent films as they struggle to fill programming gaps and meet the growing demand for filmed entertainment.
At the start of 2020, consumers in the United States subscribed to an average of three paid streaming services, but after months of government-mandated lockdowns, the number has increased to five.
In a recent survey of over 5,000 active online subscribers in the United States and Canada, 81% of respondents wished that paid streaming services like Netflix or Amazon Prime Video offered a free, ad-supported option.
As a result of diminishing content availability precipitated by production delays and cancellations, there will be large programming gaps for traditional television networks and OTT platforms to fill over the next two years.
With most of the world in mandatory lockdown, Netflix doubled its quarterly subscriber estimates from January through March by adding 16 million new subscribers.
The major studios sabotaged the dream of a la carte programming and are now attempting to transform streaming into cable television via an ethernet connection instead of coaxial.
AT&T released its answer to subscriber losses with an all-new set-top service called AT&T TV, not to be confused with a plethora of other options. The basic package includes 100 channels.
AVOD is gaining ground on SVOD in the United States. The proportion of television viewership that is through streaming services has almost doubled since 2018.
In the fourth quarter, two million US subscribers cut the cord on traditional television packages from AT&T, Comcast, Charter, and Verizon, up from 1.7 million in the third quarter.
Disney+ nearly triples its subscriber base since launching in November. Through January, the streaming service has 28.6 million subscribers, up from 10 million weeks after it debuted.
Never known for adapting to changing markets, European companies are now forced to forge alliances in hopes of staying relevant after the well-timed onslaught of Netflix in Europe.
Netflix missed its quarterly subscriber forecast for the second consecutive quarter in a row. The company’s slowdown ahead of the introduction of several new subscription services is a troubling sign.