Aereo Files for Bankruptcy Protection in Wake of Legal Battles

Aereo’s plan to upend the television industry with an online streaming service has come to an end. Chet Kanojia, Aereo’s chief executive, explained in a blog post Friday that legal and regulatory challenges have become too difficult for the Barry Diller-backed company. As a result, five months after the Supreme Court ruled that the startup had violated copyright laws by capturing broadcast TV via small antennas and retransmitting to subscribers, Aereo has filed for bankruptcy protection. Continue reading Aereo Files for Bankruptcy Protection in Wake of Legal Battles

Amazon Considering a New Ad-Supported Streaming Service?

According to recent news reports, Amazon is planning to launch a new ad-supported streaming service early next year that will be separate from Prime. The ad-supported option could become a significant challenger to streaming services such as Netflix and Hulu, especially if it undercuts the monthly fees of its rivals. Sources indicate that the new service would ultimately serve as a vehicle to attract more subscribers for Amazon Prime. Meanwhile, Amazon has denied plans to offer a new service. Continue reading Amazon Considering a New Ad-Supported Streaming Service?

YouTube Music Key: A New Player in Subscription Streaming

For years, Google’s YouTube has been the most visited online destination for free music. And while other companies such as Pandora and Spotify have opted for a pay model to provide consumers with unlimited, uninterrupted music content, YouTube remained out of the subscription streaming business — until now. Last week, YouTube unveiled YouTube Music Key, a music streaming service that offers higher quality, access anywhere, ad-free music for $10 per month. Continue reading YouTube Music Key: A New Player in Subscription Streaming

Bandcamp Gives Artists More Control with Subscription Service

Bandcamp, an online music store that supports promotion of independent artists, will now offer individual subscription platforms. Artists will be able to share content, merchandise, and other offers, choosing their own subscription rate. Music will be available to subscribers through downloads or streaming via the mobile app. As a bonus for new subscribers, artists can choose to give items from their back catalog. Bandcamp currently features 12 million tracks and 1.6 million albums. Continue reading Bandcamp Gives Artists More Control with Subscription Service

Spotify Chief Exec Responds to Taylor Swift Pulling Her Music

Spotify Chief Executive Daniel Ek defended his streaming service in a statement released Tuesday in response to Taylor Swift’s decision to pull her entire collection of songs from Spotify. Swift, whose latest album “1989” sold almost 1.3 million copies in its first week, pulled her collection from Spotify because she believes the company does not fairly compensate music creators. Ek, however, pointed out that his company has now paid $2 billion in royalties and helps prevent piracy. Continue reading Spotify Chief Exec Responds to Taylor Swift Pulling Her Music

Report: TV Viewers Continue to Drop Cable and Satellite Subs

Third quarter reports indicate a greater reduction in the number of pay TV customers as compared to the previous year. The decline in pay TV customers suggest that a growing number of consumers are taking to “cord cutting” when it comes to media consumption. With a number of viable streaming services such as Netflix, Hulu and Amazon currently available, customers are choosing to abandon traditional pay TV to avoid paying the steep cost of cable and satellite packages. Continue reading Report: TV Viewers Continue to Drop Cable and Satellite Subs

Scribd Offers Unlimited Access to Audiobooks via Subscription

Scribd recently announced that in addition to its collection of e-books, subscribers now have access to a compilation of over 30,000 audiobooks. The company is one of the first e-book companies to have implemented a monthly subscription fee in exchange for unlimited access to its content. Joining the likes of models offered by Netflix and Spotify, Scribd subscribers can pay a monthly fee of $8.99 to access all available e-books and audiobooks belonging to the service’s catalog.  Continue reading Scribd Offers Unlimited Access to Audiobooks via Subscription

Ellen DeGeneres Goes Interactive with Ellentube App and Site

Ellen DeGeneres is launching Ellentube, a website and app that will screen exclusive content from her popular daytime television program. The TV personality already runs one of the largest YouTube channels focused on television content. Now, along with executive producers Mary Connelly, Ed Glavin and Andy Lassner, DeGeneres has created Ellentube for interactive use. Fans will be able to upload videos, the best of which will be deemed suitable for a showcase on her daily program. Continue reading Ellen DeGeneres Goes Interactive with Ellentube App and Site

Netflix to Blame for Recent Decline in Traditional TV Ratings?

According to Bernstein Research senior analyst Todd Juenger, there has been an unprecedented drop in TV ratings during the summer and fall seasons, which can be attributed to a growing number of viewers opting for streaming services such as Netflix, Amazon and Hulu. Juenger suggests that traditional ad-supported TV viewing has declined over the last year by an average of 13 minutes per day, while Netflix viewers are spending 12 minutes more each day watching video content via the video service. Continue reading Netflix to Blame for Recent Decline in Traditional TV Ratings?

Trial: Verizon FiOS and Netflix Test Bundled Subscription Plan

Verizon and Netflix are quietly testing a plan that could lead to an industry first regarding a major MVPD offering the SVOD service as part of a bundled subscription. Verizon is offering new FiOS Triple Play customers in New York City a free year’s worth of Netflix (a $108 value). The trial follows the back-and-forth between Verizon and Netflix contentiously debating which company was to blame for buffering problems that eventually led to a peering deal with Netflix paying extra fees. Continue reading Trial: Verizon FiOS and Netflix Test Bundled Subscription Plan

YouTube CEO Discusses the Possibility of Video Subscriptions

During yesterday’s Code/Mobile conference in Half Moon Bay, California, YouTube CEO Susan Wojcicki said that the online video platform is currently exploring options regarding new subscription services. While specifics were not offered, Wojcicki told Peter Kafka and Liz Gannes of Re/code during the onstage interview that an ad-free service was being considered. Consumers “will either choose ads, or pay a fee, which is an interesting model,” said Wojcicki. “We’re thinking about how to give users options.” Continue reading YouTube CEO Discusses the Possibility of Video Subscriptions

Amazon to Join Crowded OTT Device Market with Fire TV Stick

Amazon announced its Fire TV Stick, a $39 device ($19 for Prime subscribers) that plugs into the back of a television to provide access to movies and shows via online services such as Amazon’s Prime Instant Video and competitors Hulu and Netflix. Scheduled for a November 19th release, the Fire TV Stick offers twice the memory of Google’s $35 Chromecast (a bestseller on Amazon) and is priced lower than Roku’s $50 stick. However, it joins a crowded market of over-the-top Internet streaming devices. Continue reading Amazon to Join Crowded OTT Device Market with Fire TV Stick

Google Play Adds Songza Playlists for its Music Subscribers

Subscribers to Google Play Music All Access will now be able to pick from activity-based Internet radio stations powered by Songza. Songza curates Internet radio offerings based on time of day and activities. Google acquired Songza back in July, but this is the first time it has integrated Songza’s offerings. The tech giant is playing catch-up in the Internet radio business to iHeartRadio, Slacker, Beats Music and Spotify, which already offer activity-based music playlists. Continue reading Google Play Adds Songza Playlists for its Music Subscribers

Spotify Lowers Music Streaming Prices with Family Discount

Subscription music service Spotify introduced a new family plan that will allow subscribers to add up to four more Spotify accounts for half-price. Under the new plan, Spotify would charge $10 for the primary account holder and $5 for each additional account holder. Other streaming music services are also trying to lower prices as CD and download sales continue to plummet. Apple, which owns the Beats Music streaming service, is negotiating with record labels to cut prices. Continue reading Spotify Lowers Music Streaming Prices with Family Discount

HBO to Take On Netflix with New Streaming Service in 2015

HBO announced yesterday that it plans to launch a standalone Internet streaming service in the U.S. next year that would not require a traditional TV subscription. The move is part of the cable network’s strategy to reach out to cord cutters, and underscores its growing rivalry with Netflix. The two companies are battling for a new generation of viewers who prefer watching their TV shows and movies via Amazon, Hulu, Netflix, and YouTube rather than subscribing to cable or satellite television. Continue reading HBO to Take On Netflix with New Streaming Service in 2015