Lionsgate lobbied to become the belle of the buyout ball last year in Hollywood, but Prince Charming never arrived.
There is even more bad news for pay television providers. Unlike 2017, subscribers signing up for cheaper online television bundles are starting to contract.
Beyond maintaining AT&T’s core telecom business, the company is beset with declining DirecTV subscribers and a host of problems at Time Warner and Warner Bros.
AT&T finally won its two-year anti-trust litigation against the United States Justice Department to acquire Time Warner.
The DirecTV deal was AT&T’s first big gamble on the filmed entertainment distribution market. DirecTV has been shedding subscribers since the beginning of 2017.
WarnerMedia’s decision may seem at odds with the company’s overall strategy to bring owned content ‘in-house’ to make it exclusive on its new streaming site.
Cable companies are buying distributors and content creators in a final attempt to cripple streaming services.
Cable networks use bulk pricing to spurn Amazon’s ambitions to launch a skinny bundle with on-demand streaming and live television.
After launching in 130 countries throughout 2016, Netflix has has run out of untapped markets. Netflix has 104 million global subscribers
Series viewership outpaces overall growth because Netflix is using vast resources to become a dedicated content creator.