As multiple streaming services prepare for an intensifying battle over European subscribers, British-made content continues to surge. This content bonanza and bidding wars between buyers are driving up prices for shows.
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.
As of September 30th, Netflix has over 158 million total subscribers – 60.6 million at home and 97.7 million around the world.
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.
Lionsgate is said to be in talks to split its film and television production business from its recently acquired premium-channel Starz into separate companies.
Disney will ban all advertisements from Netflix across all of Disney’s entertainment platforms, including its television networks.
The battle between streaming services is heating up. Amazon and Disney have been unable to reach terms regarding Amazon’s Fire TV devices.
After a decade of primarily focusing on episodic content, Netflix wants to break the theatrical glass ceiling, especially since they are funding more original films.