Viacom has had enough of China. The New York-based company is in talks with at least one Chinese group to sell some or all of the company’s operations on the mainland.
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.
For three straight years, television and home video markets in the United States have lost subscribers. This downward trend is accelerating and shows no signs of abating.
In Q4 2016, 77% of respondents would only like to pay for the channels they watch, up 3% y-o-y. Pricing expectations are in contrast to what they are paying.