The major studios sabotaged the dream of a la carte programming and are now attempting to transform streaming into cable television via an ethernet connection instead of coaxial.
AVOD is gaining ground on SVOD in the United States. The proportion of television viewership that is through streaming services has almost doubled since 2018.
In the fourth quarter, two million US subscribers cut the cord on traditional television packages from AT&T, Comcast, Charter, and Verizon, up from 1.7 million in the third quarter.
Disney+ nearly triples its subscriber base since launching in November. Through January, the streaming service has 28.6 million subscribers, up from 10 million weeks after it debuted.
After a slow start to the 35th annual Sundance Film Festival, the weekend produced a handful of sizable deals, including from Amazon Studios, Searchlight Pictures, and Lionsgate.
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.
Netflix shocked most industry observers by receiving a leading 24 Academy Award nominations, more than any other distributor, including two for Best Picture.
After a lackluster Sundance in 2018, last year was full of mega-deals, especially by Netflix and Amazon. Buyers spent over $120 million acquiring rights to some 40 films.
There is a mad rush by the most significant content creators, especially streaming services, to utilize the production infrastructure in England as a base of European operations.
The box office in North America was down almost 5% from 2018 even after rising ticket prices, and despite a slew of mega-budget franchise films being released.