Netflix’s $8 billion production allocation for 2018 to produce and acquire 700 shows and films is already reaping record new subscribers.
Netflix plans to release 80 films in 2018; nearly as many as all six major studios combined.
It’s hard to imagine Amazon leaving Sundance this year with a big-dollar prestige film like years past.
At the Sundance Film Festival, theatrical ticketing service, MoviePass launched a new service to acquire distribution rights in partnership with other buyers.
Cable networks use bulk pricing to spurn Amazon’s ambitions to launch a skinny bundle with on-demand streaming and live television.
As the streaming market fragments into dozens of streaming options will Netflix become the Friendster or Facebook of media viewing?
Now that Netflix has laid the groundwork, studios will no longer allow third-party streaming services to grow rich by aggregating their content.
Series viewership outpaces overall growth because Netflix is using vast resources to become a dedicated content creator.
Love them or hate them, Netflix and Amazon are shaking loose cobwebs from the film market. The momentum from Sundance has sellers optimistic.
Netflix added 19 million subscribers in 2016, a new record for the digital distributor. Although, the company has quadrupled its long-term debt since 2014.