More Americans Now Subscribing to Multiple SVOD Services

According to Leichtman Research Group, the number of U.S. consumers subscribing to more than one of the big three SVOD services — Netflix, Amazon Prime Video and Hulu — more than doubled to 58 percent in 2021, up from 28 percent 2016. Overall, 78 percent of U.S. households now subscribe to one of the three, compared to 59 percent in 2016. Among those that have any of the three top-tier SVOD services, 74 percent also pay for a second service of some sort, versus 47 percent in 2016. Findings from LRG’s Emerging Video Services study are based on a survey of 2,000 households nationwide. Continue reading More Americans Now Subscribing to Multiple SVOD Services

Amazon to Acquire MGM in Deal Valued at Nearly $8.5 Billion

Amazon announced this morning that it will purchase MGM Studios for $8.45 billion, signaling the tech giant’s serious intent to expand its entertainment ambitions by beefing up its Prime Video content library to better compete with Netflix, Hulu and the growing collection of streaming video services. The deal marks the second largest acquisition for Amazon; the company paid $13.7 billion for Whole Foods in 2017. Amazon plans to leverage MGM’s significant catalog of 4,000 movies and 17,000 television shows to help strengthen its film and TV unit Amazon Studios. Continue reading Amazon to Acquire MGM in Deal Valued at Nearly $8.5 Billion

ViacomCBS: Q1 Profit Jumps, More Content for Paramount+

ViacomCBS, owner of CBS, Showtimes and Nickelodeon, reported Q1 revenue surged 14 percent year-over-year to $7.41 billion, up from almost $6.5 billion. Its attributable net income also rose 79 percent to $899 million, compared with $501 in the same quarter last year, for $1.42 per share versus last year’s 81 cents a share. The company’s total streaming subscriber base is 36 million, an addition of 6 million global streaming subscribers, and, led by Paramount+, streaming revenue rose 65 percent to $816 million. Continue reading ViacomCBS: Q1 Profit Jumps, More Content for Paramount+

T-Mobile Swaps TVision for Its Partner Google’s YouTube TV

Five months ago, T-Mobile debuted its TVision streaming service. Now, the company explains that its three live channel bundles — Live, Live Plus and Live Zone — will end April 29th. That’s due to its new partnership with Google and YouTube, in which YouTube TV will “now fill the role of its live TV solution.” Customers who subscribed to one of the TVision Live packages will get one free month of YouTube TV, and all T-Mobile subscribers can save $10 on the YouTube TV monthly rate of $64.99 and get three free months of YouTube Premium. Continue reading T-Mobile Swaps TVision for Its Partner Google’s YouTube TV

EPIX Offers Original Content, Movies via Streaming Service

MGM’s premium TV net EPIX has launched a new subscription streaming service that features original programming and films from MGM, Paramount and Lionsgate. The EPIX NOW app “is available for download today in the App store for iPhone, iPad and Apple TV, and in Google Play for Android phones and tablets,” reports Deadline. “It will also be coming soon to Roku devices and Amazon Fire TV.” The $5.99 per month service, which also includes the four EPIX linear live channels, will be available across additional devices later this year. Continue reading EPIX Offers Original Content, Movies via Streaming Service

Roku Adds Premium Subs to Roku Channel, Updates its App

Following in the footsteps of its rival Amazon, Roku announced that users will be able to buy pay-TV subscriptions through its streaming service, The Roku Channel, beginning in late January. That mimics Amazon’s sale of access to HBO and other premium channels through its Prime Video platform. Roku’s offering will include Showtime, Starz and EPIX among others. The new feature, which replaces one in which Roku acted as a portal to outside services, will also be financially favorable for the company. Continue reading Roku Adds Premium Subs to Roku Channel, Updates its App

Amazon, TiVo Unveil Over-the-Air Products for Cord Cutters

Amazon recently introduced its Fire TV Recast, a networked DVR, and TiVo debuted its new set-top box, the TiVo Bolt OTA, with both companies’ products aimed at giving cord cutters a new way to enjoy content. Fire TV Recast allows consumers to watch and record over-the-air TV content with a Fire TV, Echo Show or other compatible mobile device. TiVo’s new STB joins its existing line of Bolt devices, including the voice-controlled Bolt Vox DVRs, and enables anyone with a digital antenna to watch live over-the-air TV. Continue reading Amazon, TiVo Unveil Over-the-Air Products for Cord Cutters

Walmart and Discovery Are Considering New Video Services

Walmart is in the early stages of considering the launch of a subscription video-streaming service that would compete with Amazon, Hulu, HBO and Netflix. Sources said that the retail behemoth hasn’t yet greenlit the ambitious project, which may include a lower-price monthly subscription fee, but that decision could come as early as later this summer or early fall. Discovery is also contemplating the launch of a direct-to-consumer service, priced at $5 to $8 monthly, that would include all the company’s networks. Continue reading Walmart and Discovery Are Considering New Video Services

Epix to Offer 4K Support, Explores New Subscription Service

Epix is scheduled to roll out support for 4K Ultra HD video on its apps this year. The cable network is also exploring the creation of a direct-to-consumer subscription service. “Direct-to-consumer is very important,” Epix VP and GM Monty Sahran told Variety. “We will be in that space.” While he didn’t specify a launch date or pricing, he confirmed the network’s plans. “It’s on our roadmap and we are working towards it,” he explained. Epix would join a growing field of such offerings from premium networks; HBO, Showtime and Starz currently offer their own standalone streaming services. Continue reading Epix to Offer 4K Support, Explores New Subscription Service

EPIX Streaming Content Coming to the New Honda Odyssey

MGM-owned pay TV network EPIX is revealing details of its video streaming app being integrated into the 2018 Honda Odyssey, that company’s upgraded fifth-generation minivan. The move is significant because, even as in-car entertainment has become increasingly sophisticated (with Spotify being integrated into many vehicles, for example, and Google developing a version of Android just for cars), mainstream visual entertainment services have not shown up in vehicles until now. Continue reading EPIX Streaming Content Coming to the New Honda Odyssey

Lionsgate to Purchase Premium Channel Starz for $4.4 Billion

Lionsgate announced it has agreed to acquire premium cable network Starz for $4.4 billion in cash and stock. Starz president and CEO Chris Albrecht, who just signed a new contract that runs through 2020, is expected to continue running Starz. It is not clear if the deal would have any impact on Lionsgate’s stake in Epix, which the company owns with Viacom and MGM, and serves as the pay TV home to Lionsgate films. The deal will bring 17 Starz- and Encore-branded channels and Anchor Bay Entertainment video distribution to Lionsgate. Continue reading Lionsgate to Purchase Premium Channel Starz for $4.4 Billion

Amazon Ramps Up its Google Rivalry with New Video Service

Amazon is taking on Google with the launch of its Video Direct ad-supported video service, which allows anyone to upload original or licensed video content, similar to the YouTube model. Amazon account holders will have the options of offering their content for free, to rent or own, via a subscription channel, or exclusively to Amazon Prime members. The move is another step in Amazon’s push into media as the company continues to invest in original programming and exclusive deals with the likes of HBO and Epix, while introducing a month-by-month subscription option to compete with Netflix. Continue reading Amazon Ramps Up its Google Rivalry with New Video Service

New Sling TV Package Offers Fox Channels and Multi-Streams

Dish Network just rolled out a beta version of a new Sling TV package, priced at $20 per month, that will include 21st Century Fox channels for the first time. The new Sling TV package also allows for three simultaneous streams, aimed at families with multiple viewers, and will contain Fox channels FX, regional sports networks and, in 17 markets initially, the Fox broadcast network. What it won’t include is channels from Disney, which continues to be part of the earlier, single-stream Sling TV bundle. Continue reading New Sling TV Package Offers Fox Channels and Multi-Streams

Media Networks Look at Platforms, Brands, Game-Changers

In a multi-channel, multi-device and multi-platform world, any given network finds it increasingly difficult to differentiate itself from the others. Good programming isn’t enough when so many outlets are producing so many quality shows. This was the dilemma that panelists wrestled with in a conversation on “Hollywood Media: Platforms and Brands.” One clear message was that a younger generation doesn’t make distinctions among screens, as long as they are getting the content they want. Continue reading Media Networks Look at Platforms, Brands, Game-Changers

Hulu Gains Subscribers and Revenue, Plans Original Content

In October, Hulu reached No. 8 on the worldwide iOS Top Revenue chart and No. 10 on the worldwide Top Revenue chart for iOS and Android combined, a gain achieved after it made several moves to attract more subscribers. Among them, Hulu struck a deal with Epix when Netflix declined to renew its deal. It also debuted a commercial-free paid tier, the “No Commercials” plan, in September, priced at $11.99 per month. Pleased with the growth, chief executive Mike Hopkins says the company plans on producing original content. Continue reading Hulu Gains Subscribers and Revenue, Plans Original Content