After years of declining production activity for Made-For-TV movies, Netflix is accelerating the rate it licenses and produces lower-budgeted movies, which FilmTake has coined Made-For-Streaming movies.
As multiple streaming services prepare for an intensifying battle over European subscribers, British-made content continues to surge. This content bonanza and bidding wars between buyers are driving up prices for shows.
After a decade of primarily focusing on episodic content, Netflix wants to break the theatrical glass ceiling, especially since they are funding more original films.
Apple wants to carve out exclusive theatrical windows for exhibitors to screen some of its forthcoming feature films before streaming on Apple TV+.
Netflix’s long-time streaming competitors Hulu and Amazon Prime Video are starting to capture more viewing marketshare.
Netflix expanded its global footprint with a ten-year lease at the U.K’s Shepperton Studios. The lease grants Netflix exclusive access to a majority of Shepperton including 14 sound stages.
Disney, Amazon Prime, and Netflix have pivoted to India, the world’s second largest market, after plans to launch and sustain services in the world’s most populous nation hit the Great Wall of China.
Netflix surpassed Sky in the UK in terms of subscribers for the first time in 2019. The victory makes Netflix the most widely subscribed to media platform in the U.K.
There is even more bad news for pay television providers. Unlike 2017, subscribers signing up for cheaper online television bundles are starting to contract.
Last year was the first year that global viewers spent more on online video streaming services than attending movie theaters.