With investors finding new ways to judge how well a service is performing, average revenue per user is one measure being talked up by execs as subscriber gains become more elusive.
Streaming platforms, led by Netflix, in July 2022 for the first time surpassed cable networks to claim the largest share of U.S. TV viewing for the month, according to new data from Nielsen. It was only a matter of time before the milestone was reached, as streaming usage has continued to climb while traditional TV declines amid the steady drip-drip-drip of cord-cutting losses.
It wasn’t the first time Hollywood had been roiled by a crisis mentality. The most obvious precursor was the rise of television in the late ’40s and ’50s, which resulted in movies turning themselves into over-the-top widescreen spectacles — a frantic race to be big, bigger, biggest.
K-pop has broken out to become a phenomenon that tops charts, fills global stadiums and airwaves, and the social media warriors of group BTS, who call themselves “ARMY” would even claim to have had a small influence at the last U.S. presidential election.
California is poised to add a diversity requirement to its $330 million tax incentive for film and TV production, as lawmakers seek to use their leverage to make the industry better reflect the state’s demographics.
Warner Bros. Discovery is eager to lock in HBO Max customers on annual plans — even as the streamer is culling dozens of titles in a cost-cutting effort.
While the ICC has insisted that broadcasters will participate in the bid submission process, media reports suggest the Big 4 broadcasters have given the mock auctions a miss
Though KGF: Chapter 2 is among the highest grossers of all time, two other relatively smaller films—777 Charlie and Vikrant Rona -- have also managed impressive numbers in Hindi recently.
The 2022 EY M&E report estimates that 322 million subscribers consumed bundled content in the past year. What does this say about the emerging trend of app bundling in the OTT space? Platforms and media analysts weigh in.
Such websites cause huge losses to the producers, content owners and creators by virtue of their illegal acts, Viacom18 said in a statement.