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.
Apple has too much cash and not enough imagination. There is growing speculation that Apple will purchase Netflix.
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.