September 14, 2023FilmTakeComments Off on The Evolution of FAST: A Game-Changer for the Film and Television Industry
In a world where change is the only constant, the film and television industry has been undergoing a seismic shift over the past decade. The rise of streaming services has transformed how we consume content, challenging the traditional cable and broadcast models.
Starz’s access to third-party content was severely diminished when it lost Pay-One rights to films released by Sony Pictures after Netflix swopped in last year. Starz only has Pay-One rights to films released by its sibling company, Lionsgate, which HBO and FX previously held.
In a recent survey of over 5,000 active online subscribers in the United States and Canada, 81% of respondents wished that paid streaming services like Netflix or Amazon Prime Video offered a free, ad-supported option.
By reclaiming their content from licensees to launch standalone streaming services, traditional media companies are sailing headlong into uncharted waters.