After last year’s acquisitions lull at Sundance, especially by Netflix and Amazon, this year’s festival produced a number of megadeals.
Netflix has 139 million paying subscribers after adding 29 million subscribers last year versus 22 million in 2017.
Netflix’s streaming supremacy will be challenged in 2019 when Disney and Warner launch their own direct-to-consumer services.
Apple has twice postponed the launch of its first slate of shows. Producers and agents involved in projects at Apple expect the date to be pushed back once again.
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.
For three straight years, television and home video markets in the United States have lost subscribers. This downward trend is accelerating and shows no signs of abating.
Amazon Studios is growing its reach with strong relationships and deference for traditional distribution norms, which fosters allies.
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.