Starting in 2020, films released by Lionsgate will be distributed on the Hulu streaming service, and FX, the basic-cable channel now owned by Disney after the takeover of Fox.
Last week, Disney and Comcast came to terms whereby Disney would take sole control over Hulu. Comcast will remain a silent partner until 2024
The long-awaited buyout of Fox by Disney, which was announced in December 2017, is officially scheduled to close March 20th.
After years of internal divisions, family squabbles, lawsuits, and sexual harassment investigations, Viacom and CBS are starting to resemble real companies again.
Apple is expected to finally announce its new streaming service during the company’s March 25th conference.
The Hulu streaming service reached more than 25 million subscribers at the end of 2018. On a year-over-year basis Hulu subscriber growth rose 48%.
Cable companies are buying distributors and content creators in a final attempt to cripple streaming services.
YouTube TV will now include live sports and content from Time Warner to kick-start its takeover of terrestrial and cable television.
Television advertising sales in the U.S fell 8% to $61 billion in 2017 – the biggest slump in 20 years. Sales at cable networks dropped for the first time in a decade.
Distributors push back against content providers as price increases and growing content commitments eat into profitability.