Amazon and Netflix both walked away from the opportunity to acquire Landmark Theaters.
Netflix gauged the climate in Europe perfectly, first by increasing funding to produce more local content, and by forging licensing deals with local content partners.
Amazon is preparing to acquire Landmark Theaters according to unnamed sources. Fewer and fewer Americans are going to the theater, but those that do are spending more and more.
Netflix is the most popular SVOD service in the UK, with an estimated 9.2 million subscribers, which for the first time is more than PayTV subs.
Cable companies are buying distributors and content creators in a final attempt to cripple streaming services.
For three straight years, television and home video markets in the United States have lost subscribers. This downward trend is accelerating and shows no signs of abating.
Amazon Studios relies on traditional distribution practices to foster greater collaboration with the gatekeepers of independent film.
Amazon Studios is growing its reach with strong relationships and deference for traditional distribution norms, which fosters allies.
Netflix’s $8 billion production allocation for 2018 to produce and acquire 700 shows and films is already reaping record new subscribers.
Netflix plans to release 80 films in 2018; nearly as many as all six major studios combined.