Netflix has 139 million paying subscribers after adding 29 million subscribers last year versus 22 million in 2017.
The deep pockets of digital distributors have inflated the average price of film rights at Sundance and other major film festivals.
Perhaps the biggest revelation from Netflix’s earning call last week is the admission that they are “ready to pay top-of-the-market prices for…”
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.
The Hulu streaming service reached more than 25 million subscribers at the end of 2018. On a year-over-year basis Hulu subscriber growth rose 48%.