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Netflix Results Are In

January 22, 2020 FilmTake Comments Off on Netflix Results Are In

Netflix missed its subscriber forecast in the US and Canada. Despite that, the streamer beat its overseas estimate of 7 million by adding 8.33 million.

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Apple Considers MGM Buyout

January 15, 2020 FilmTake Comments Off on Apple Considers MGM Buyout

After the abysmal start to Apple’s new streaming service, Apple TV+, the tech company is searching for relevance with a new leader and a possible strategic acquisition.

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Sony Shutters Streaming Service

January 8, 2020 FilmTake Comments Off on Sony Shutters Streaming Service

Sony Pictures is shutting down its PlayStation Vue streaming television service in the first quarter of 2020. Rising content costs and a plethora of choices have made the service untenable.

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Netflix Takes Europe

December 31, 2019 FilmTake Comments Off on Netflix Takes Europe

To gain a global content edge, Netflix has set into motion a EU production boom with plans to produce over 225 films and shows in Europe. Netflix currently controls 53% of the SVOD market in Europe.

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Streaming in America

December 18, 2019 FilmTake Comments Off on Streaming in America

Since first delivering DVDs to homes via the postal service, Netflix has come to dominate the SVOD market. The streamer has 67 million subscribers in North America, which takes its total to nearly 160 million worldwide.

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Streaming Bout

December 4, 2019 FilmTake Comments Off on Streaming Bout

The streaming bout between Netflix and traditional media companies for the world’s online video subscribers is well underway.

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Funding Golden Age

November 26, 2019 FilmTake Comments Off on Funding Golden Age

Against the backdrop of new streaming competition, Netflix is significantly increasing the amount it invests in producing, licensing, and acquiring films and shows.

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Free Streaming Offers

November 12, 2019 FilmTake Comments Off on Free Streaming Offers

Heavyweights Disney and Apple are offering free introductory offers to gain a head start over rivals. Select Verizon subscribers in the United States will get free access to Disney+ for a year.

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Netflix Admits Concern

November 10, 2019 FilmTake Comments Off on Netflix Admits Concern

After losing U.S. subscribers in the second quarter, for the first time since 2011, Netflix finally admitted that the arrival of new streaming services from Disney, Apple, and others would hurt subscriber growth.

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Netflix Needs Content

November 7, 2019 FilmTake Comments Off on Netflix Needs Content

Although Netflix remains committed to producing original content, it is preparing to license more content from independent producers and distributors.

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New Details Emerge About HBO Max

November 5, 2019 FilmTake Comments Off on New Details Emerge About HBO Max

AT&T’s WarnerMedia released details about its forthcoming streaming service HBO Max, which will officially launch in May 2020. The service will cost $14.99 a month, the same cost as HBO’s flagship service.

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Europe’s Last Stand

October 28, 2019 FilmTake Comments Off on Europe’s Last Stand

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.

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State of Netflix

October 20, 2019 FilmTake Comments Off on State of Netflix

As of September 30th, Netflix has over 158 million total subscribers – 60.6 million at home and 97.7 million around the world.

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Netflix Misses Subscriber Target Again

October 17, 2019 FilmTake Comments Off on Netflix Misses Subscriber Target Again

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.