Google Says Android TV at 110 Million, Adds Central Casting

Google TV is working on an app that will let users cast content from multiple streaming services to a central TV or display. A new “central casting” button announced at the Google I/O developer conference will later this year allow the Google TV app on Android phones or tablets to send content from a variety of different streaming services to your TV through a single app. The Alphabet unit also updated statistics for its Android TV ecosystem, detailing 110 million monthly active devices using the Android TV OS, which includes Google TV. That’s an increase from 2021’s 80 million monthly active devices. Continue reading Google Says Android TV at 110 Million, Adds Central Casting

Chicken Soup for the Soul to Acquire Redbox for $375 Million

Streaming company Chicken Soup for the Soul Entertainment has initiated a $375 million acquisition of Redbox Entertainment, which operates roughly 38,000 DVD rental kiosks located in retail locations throughout the nation. The deal includes $50 million in Chicken Soup stock and assumption of Redbox’s $325 million in debt. Redbox has about 40 million customers enrolled in its loyalty program (Redbox Perks), offers more than 130 FAST digital channels on a Free Live TV platform, and has a content library that spans TVOD and PVOD platforms, in addition to physical and digital distribution channels. Continue reading Chicken Soup for the Soul to Acquire Redbox for $375 Million

Discovery+ Is First Roku Premium Sub with Ad-Supported Tier

Discovery+ has become the first ad-supported plan among Roku Channel premium subscription offerings. Announcing the deal, Roku and Warner Bros. Discovery said Discovery+ brings 70,000 episodes of network shows and more than 200 originals to become the largest vertical library on The Roku Channel. Discovery+ on Roku TV will cost $7 per month for the ad-free version and $5 per month with ads. Both options are available now, with a 7-day free trial. The deal marks Roku’s first premium subscription for a video-on-demand tier supported by ads. Continue reading Discovery+ Is First Roku Premium Sub with Ad-Supported Tier

TikTok ‘Pulse’ Pairs Advertising with Top-Performing Videos

Social video platform TikTok has unveiled a new advertising solution that allows brands to place their messages next to the top content in TikTok’s For You feed. The contextual ad solution, TikTok Pulse, is the first to allow TikTok creators a chance to share ad revenue. The program initially makes publishers, public figures and creators with 100,000 or more followers whose videos are in the top 4 percent eligible for a 50/50 ad revenue split. Pulse launches in the U.S. in June, with plans to roll out to additional markets in the fall. Continue reading TikTok ‘Pulse’ Pairs Advertising with Top-Performing Videos

Paramount Global’s Streaming Subs Exceed 62 Million in Q1

Paramount Global’s worldwide streaming subscribers for Paramount+ and Showtime rose to more than 62 million in Q1, driven by Paramount+, which added 6.8 million for a total of close to 40 million, the company said in its earnings report. Paramount+ is poised to add the United Kingdom and South Korea to its global portfolio next month, Paramount Global CEO Bob Bakish told investors Tuesday. Paramount+ plans to launch in Italy, Germany, France and Austria in the second half of 2022, and in India next year. Pluto TV also grew, launching over 102 new channels internationally, totaling more than 1,000 global channels. Continue reading Paramount Global’s Streaming Subs Exceed 62 Million in Q1

Peacock Announces Next-Day Bravo Shows, Lionsgate Films

Peacock premium subscribers will have streaming access to Bravo shows the day after they air on the NBCUniversal sister service, which has also secured a multiyear output deal with Lionsgate for movies that will begin streaming in 2024. “Bravo fans have another reason to celebrate” in addition to the recent news that BravoCon is returning to New York City this October, NBCUniversal touted. Starting this week, new seasons of Bravo hits “The Real Housewives of Atlanta,” “Top Chef” and “Below Deck” will be available on Peacock the day after air. Continue reading Peacock Announces Next-Day Bravo Shows, Lionsgate Films

Streaming Battle in Asia as Locals Compete for Market Share

A strong showing by Netflix in Asia amidst an otherwise lackluster Q1 report has focused attention on the region, where streaming is just coming into its own in territories that house roughly half the global population. There are still potentially hundreds of millions of untapped subscribers in the Far East. But the area has its own challenges, namely local streaming services that offer a wide variety of regional content. Not to mention deep-pocketed domestic rivals, including Disney+ and Amazon Prime Video are also competing for market share. Continue reading Streaming Battle in Asia as Locals Compete for Market Share

The Death of Day-and-Date Theatrical and Streaming Releases

National Association of Theatre Owners president and CEO John Fithian proclaimed the end of day-and-date streaming and theatrical releases in an address at CinemaCon 2022, which wraps today in Las Vegas. “I am pleased to announce that simultaneous release is dead as a serious business model, and piracy is what killed it,” Fithian declared Tuesday during his state-of-the-industry address. “When a pristine copy of a movie makes its way online and spreads, it has a very damaging impact.” Motion Picture Association chairman and CEO Charles Rivkin said that pre-release piracy reduces box office revenue by as much as 20 percent. Continue reading The Death of Day-and-Date Theatrical and Streaming Releases

Paramount’s Pluto TV FAST Success a Streaming Case Study

As global streaming leader Netflix retools its business model to accommodate a less expensive, ad-supported subscription tier, the industry is turning its attention to FAST service (free ad-supported streaming television). It’s part of the process of accommodating linear television for the streaming age. Pluto TV, a division of Paramount Global, managed to hit the $1 billion revenue mark last year without any paying subscribers and tallied over 64 million monthly active users as of December 2021. Not too shabby for a service that was not taken very seriously when it launched on April Fool’s Day 2014. Continue reading Paramount’s Pluto TV FAST Success a Streaming Case Study

Are DAOs About to Revolutionize the Film and TV Industries?

Decentralized autonomous organizations (DAOs) are riding the crypto wave, with some asking if their notion of distributed decision-making marks an evolution from crowdfunding through platforms like Kickstarter and Indiegogo to crowdsourced creativity on a blockchain. It’s already been demonstrated that tokens can be used for smart contracts and to designate property ownership. The film and television industries are just becoming aware of the potential impact of NFTs, which have already disrupted the worlds of art and gaming, driving creator economies. The wisdom of the crowd might be tapped to find fresh stories, too. Continue reading Are DAOs About to Revolutionize the Film and TV Industries?

AT&T Announces Subscription Growth for HBO and HBO Max

AT&T’s Q1 quarterly earnings — the last to include results for WarnerMedia, which was offloaded to Discovery in early Q2 — reported good news about HBO Max and HBO, which AT&T said ended Q1 with global subscribers totaling 76.8 million, an increase of 12.8 million year-over-year, and a 3 million subscription increase from Q4 of last year. AT&T also disclosed that WarnerMedia’s Q1 operating income fell to $1.3 billion, a 32.7 percent decline year-over-year. Diminished WarnerMedia earnings were attributed in part to “investments incurred in launching CNN+,” which new owner Discovery announced will cease operations as of April 30. Continue reading AT&T Announces Subscription Growth for HBO and HBO Max

Film and TV Professionals Request an Improved Final Cut Pro

An international group of more than 100 television and movie production professionals has petitioned Apple CEO Tim Cook with an open letter requesting improvements to make the company’s Final Cut Pro video editing software more commercially viable. Although generally capable of professional execution and apparently fun to use — qualities that have made it popular among individual creators, amateur and pro alike — Final Cut lacks collaborative features and general awareness among industry decision-makers, signatories say. Posted Tuesday on the eve of the NAB Show using GoPetition, Apple has not yet responded to the communique. Continue reading Film and TV Professionals Request an Improved Final Cut Pro

Netflix Considers Advertising Model as Subscribers Dip in Q1

Netflix has confirmed it is considering an ad-supported tier. The news follows speculation at SXSW, and coincides with a quarterly subscriber loss, the company’s first in more than a decade. As a result, “revenue growth has slowed considerably,” reads its Q1 shareholder letter, attributing the lag to “relatively high household penetration” that includes a “large number of households sharing accounts.” Combined with a COVID-induced streaming bubble followed by exploding competition and costs, the landscape has changed, and Netflix is contemplating how to change with it. Continue reading Netflix Considers Advertising Model as Subscribers Dip in Q1

Nielsen Says Viewers ‘Love’ Streaming but Find It Confusing

Seventy two percent of Americans say they “love” their user experience with streaming services, according to Nielsen’s State of Play report, which notes that 93 percent of those surveyed will increase their streaming subscriptions or make no change, despite nearly half the respondents admitting they’re somewhat overwhelmed by options. As of February, U.S. viewers could choose from more than 817,000 unique program titles, compared to about 646,000 in 2019. In the 12 months ending February 2022, Americans’ upped their average weekly video streaming time by 18 percent, to 169.4 billion streaming minutes, from 143.2 billion. Continue reading Nielsen Says Viewers ‘Love’ Streaming but Find It Confusing

New Plex Features Help Viewers Navigate Streaming Services

Further to its goal of becoming a sort of Google-with-benefits for viewers who stream TV shows and movies across multiple platforms, Plex is reformatting its welcome screen to include a discover feature, universal search and universal watchlists. Rolling out in beta, the new Plex interface offers what amounts to personalized search-and-save “across virtually any streaming service,” from Plex’s own free movies and television series to subscription services like Netflix, Disney+ and HBO Max. “As of today, Plex searches, personalizes, and organizes all of your content, no matter where that content lives,” the company announced. Continue reading New Plex Features Help Viewers Navigate Streaming Services