Amazon and Netflix both walked away from the opportunity to acquire Landmark Theaters.
There is a renewed effort by production service providers to expand their operations into financing and distributing independent films.
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.
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.
As media markets reach a consolidation fever pitch, three companies will emerge controlling nearly all content creation and distribution in the United States.
Netflix’s streaming supremacy will be challenged in 2019 when Disney and Warner launch their own direct-to-consumer services.
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.
France has always been on the front lines against Netflix’s expansion in Europe, but its calculated indifference is waning.
Cable companies are buying distributors and content creators in a final attempt to cripple streaming services.