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.
Lionsgate lobbies to become the belle of the consolidation ball taking place in Hollywood, but will Prince Charming ever show up?
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.
Comcast drops its bid to acquire Twenty-First Century Fox. Disney will likely purchase Fox’s film and television assets before 2017 is over.
After launching in 130 countries throughout 2016, Netflix has has run out of untapped markets. Netflix has 104 million global subscribers
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.
Only days apart, the UK’s largest satellite broadcaster, Sky, and the US’s biggest cable company, Comcast, announced plans to expand their services online.
Minutes before a planned vote to allow third parties to develop apps or devices for cable set-top boxes, the FCC removed the vote indefinitely.
Comcast, the largest cable company in the United States, will begin streaming Netflix on the company’s X1 set-top device starting this week.