Netflix is about to go almost all-in on original content: the top SVOD provider's five-year licensing deal with Epix has lapsed, meaning that major movies like The Hunger Games: Catching Fire and Transformers: Age of Extinction are off subscribers' plates. But Netflix's executives haven't been all that fussed about the loss of such popular content, even as analysts have fretted.
Maker Studios' payout from Disney, a year after its acquisition, will be somewhat smaller than the potential $450 million that was on the table at the deal signing. The multichannel networks' backers will instead see a just $105 million of an initial earn-out that could have reached $200 million.
Delivering the first update on its groundbreaking "skinny bundling" strategy in nearly three months, Verizon said around 9,000 new subscribers signed on for its FiOS Custom TV video bundles.
Just as Huawei touted its contributions to the European 5G Public Private Partnership (5G-PPP) initiative, it announced a string of 4.5G and 5G-related achievements, including one in which it will deploy new services based on 4.5G for the Shanghai Disney Resort and China Unicom Shanghai.
ESPN has lost around 3.2 million subscribers in a little more than a year, and 7.2 percent of its customer base since July 2011, as pay-TV users abandon their services or cut them back to cheaper skinny bundles.
The biggest acquisitions of multichannel networks (MCNs), such as Disney's $950 million buy-up of Maker Studios and Otter Media's $200-300 million purchase of Fullscreen, have most likely already taken place, according to one analyst firm. That leaves other companies hoping to buy MCNs with fewer options, and limited time to jump into the segment.
Pay TV operators have become savvier in recent years, acknowledging that consumer desire for lower priced packages can be a route back into the living room for some customers. So far, Comcast, Time Warner Cable, Dish Network, DirecTV, Cox and Verizon have all offered some form of skinny bundle in order to entice customers back to video products.
TV and radio stations owned by the Walt Disney Company and 21 st Century Fox are refusing to run commercials in New York promoting Verizon's new "Custom HD" pay-TV program bundle system, the wireless giant says.
Despite softness in one of pay-TV's most powerful programming engines, the Walt Disney Company reported a 19 percent uptick in fourth-quarter profits Wednesday.
DirecTV-subscribing college sports fans on the West Coast can't watch the Pac-12 Network, but they can watch University of Texas games on the Longhorn Network.