Year: 2023
Studios Revamp Licensing Strategy: Exclusive Distribution Era Ends
Warner Bros. Discovery has lost 2.5 million subscribers in its direct-to-consumer (DTC) division, encompassing HBO cable subscriptions and the Max and Discovery+ streaming services. The company also experienced a massive loss in advertising revenue for linear television, which still keeps the lights on at many studios.
Netflix Delivers Soaring Financials, But It Wants More from Subscribers
After posting impressive financial results, Netflix still wants more from its subscribers in several key markets. The streaming giant will hike prices for certain subscription tiers in the US, UK, and France. While its new ad and Standard plans remain unchanged, its Basic and Premium plans will increase.
Universal’s Unique Deal Bifurcates Pay-One Rights Between Multiple Streamers
Universal Pictures bifurcates the 18-month Pay-One Film Licensing Window for its streaming service Peacock and Amazon. After four initial months on Peacock, Universal’s live-action films will stream exclusively on Amazon’s Prime Video for ten months before returning to Peacock for the final four months.