Relativity filed a $1.5B lawsuit against Netflix claiming breach of contract and trade libel, which a Netflix’s spokesperson called “baseless and ironic.”
Netflix reported subscriber data at the close of business on Monday that significantly outperformed expectations. The stock soared – closing up 19.62%.
“Disney, which is very good in China, had their movie service shutdown. Apple had their movie service closed down. It doesn’t look good.” – Netflix CEO
China’s online video market is massive: there are 660 million internet users, and 75% of those consume video content online. However, the SVOD model is new.
Paramount Pictures made several commitments to the European Commission in their antitrust case against US studios and EU broadcasters.
Rate Cards for PayTV and SVOD licensing agreements between Starz and a U.S-based licensor for past, present and future content.