Streaming

Who’s Thriving and Who’s Struggling: Annual Streaming Scorecard Part Five

It’s difficult to overstate the disastrous few years Warner Bros. has experienced under inept leadership. Boosting one of the most desirable film and television catalogs, the company has stumbled over every vital decision since 2020. WBD’s financials reflect the industry’s broader issues.

Broadcast & PayTV

The Lasting Effects

As a result of diminishing content availability precipitated by production delays and cancellations, there will be large programming gaps for traditional television networks and OTT platforms to fill over the next two years.

Exhibition

End of AMC Theatres?

The world’s largest theater chain faces imminent bankruptcy if shareholders fail to purchase 200 million new shares being offered by the company.

Broadcast & PayTV

Too Big To Fail

AT&T is desperate to sell some or all of DirecTV to pay down its $180 billion mountain of debt. According to inside sources, the satellite service is being offered at a $20 billion valuation, marking a $29 billion loss since 2015.

Streaming

The Paradox of Choice

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.

Streaming

Yet Another AT&T Video Service

AT&T released its answer to subscriber losses with an all-new set-top service called AT&T TV, not to be confused with a plethora of other options. The basic package includes 100 channels.

Streaming

AVOD Market Heats Up

Several media companies are holding discussions to acquire advertising-supported video streaming services. Fox Corp is in talks with Tubi, and NBCUniversal is considering Vudu.

Broadcast & PayTV

Cord-Cutting Gains Momentum

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.

Distribution

UPDATED: Sundance Heats Up

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.

Distribution

Sundance Slumps

Deal activity is muted so far at this year’s festival despite claims that producers and sales agents were withholding their best films at TIFF in September to introduce at Sundance.

Streaming

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.

Streaming

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.