For today's Wide Shot newsletter, we return to the question of whether streaming is a good business and, more precisely, for whom? We address cable giant John Malone's recent assessment (categorically "no") and take a look at the state of Netflix, Disney, Paramount and others who participated in the streaming war. Who's winning? Who's still losing money? What's the next stage of the streaming business? (Oh, we also get into JOKER 2's box office travesty). #entertainmentbusiness #hollywood #streaming
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The Media Distributor Gauge launched in April, with the Walt Disney Company amassing the biggest share. In May, Disney again was the overall leader with an 11.4% share, down slightly from 11.5% in April. Other top distributors included YouTube and NBCUniversal, which were up one-tenth of a percentage point at 9.7% and 9.0%, respectively. Paramount, Warner Bros. Discovery, and Netflix were flat, at 8.8%, 8.1%, and 7.6%, respectively. Fox was next at 6.4%. Amazon followed Fox, slipping one-tenth, to 3.1%. Two independent TV station owners, which also have streaming apps and/or local digital over-the-air-based TV networks -- Scripps and Weigel Broadcasting -- came next at a 2.3% and 1.5% share -- the same as in April.
For Second Time, Disney And YouTube Lead New Monthly Nielsen 'Distributor' Share
mediapost.com
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Among the presentations from the four major TV giants, not a single prime-time schedule grid was shown. What stood out was the emphasis on the fluidity of that content. Networks were mentioned, but streaming services were highlighted just as much, if not more. #TVIndustry #Streaming #ContentEvolution #FutureOfTelevision
How streaming muscled its way into the upfront spotlight among the OGs of TV
digiday.com
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There seemed to be broad agreement on most of the big themes coming to the streaming industry: More ads, higher prices, and fewer big swings on prestige TV. These changes are all united by the shift towards profitability, rather than growth-at-all-costs.
Streaming execs think TV's future looks a lot like its past | TechCrunch
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This piece is filled with insight on the revenue stream of video— where it’s made, where it goes, and who gets it. As usual, Doug Shapiro writes the most comprehensive reports on the film industry of anyone on the internet. The surprising takeaway is that video revenue is FLAT over the last few years. And traditional TV still accounts for the lion's share of revenue, not streaming. However in the same time when revenue’s been flat, costs have increased and margins have fallen from 25% to 15%! Therein lies the issue for the industry. https://lnkd.in/gBb9_88t
Video: Follow the Money
dougshapiro.substack.com
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Fire-sale on TV! Big media companies are agreeing to rate cuts, or 'rollbacks,' for the second consecutive 'upfront' market, particularly in streaming, which is supposed to represent the future of the industry... #media #mediaindustry #mediastrategy #sales #advertising #advertisingstrategy
TV Networks Fight for Fewer Dollars in Upfront Amid Big Streaming ‘Rollbacks’
https://variety.com
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Why Are Free, Ad-Supported Streamers Beating Out Competitors? What do Tubi, the Roku Channel and Pluto TV have in common for the second month in a row? “Free is a great driver to get people to try something,” John Buffone, vice president and media entertainment industry adviser at market research company Circana, told The Hollywood Reporter. “Free doesn’t keep you there.” Viewers are responding to the massive libraries services like Tubi offer, as well as the diversity of their content. “We have hundreds of Korean dramas. We have hundreds of UFO docs. If you want to watch silent films or anime, we have that. And so what we’re finding is these fandoms are really kind of discovering what’s happening at Tubi and that’s driving that viewership,” Tubi CEO Anjali Sud told THR. With thanks to FAST Channels TV and movieguide.org. --- MEDIA RELEASE | Wise Words Media officially launches FAST Channels Media at MIFF 2024 * https://lnkd.in/gSbgfWmv Looking to expand, grow reach and engagement with more international audience(s)? Maybe your're a producer looking to refine your content or film distribution strategies? Wise Words Media will be at Melbourne International Film Festival 2024. Our goal(s): to build and consolidate industry relationships by introducing everything FAST Channels to MIFF professionals and audiences alike. FAST Channels Media is ready to put our clients in touch with our far reaching, active global network of contacts in the hashtag#OTT 'Over-The-Top' streaming sector and FAST Channels space: * https://lnkd.in/guNUY-uH FAST FACTS | Did you know there are 1.4 billion smart TV's world-wide? Your film, TV Series...in fact any content you produce can find a global audience. #FASTchannels #freetv #streaming #AVOD #ott #ottplatforms
Free, ad-supported, streaming television is continuing to beat out bigger, subscription-based competitors. For the second month in a row, Tubi, the Roku Channel and Pluto TV collectively accounted for a bigger share of television (4.3%) than the combined total of Max, Paramount+ and Peacock (3.7%), Yahoo! Tech reported. #FASTchannels #freetv #streaming #AVOD
Why Free, Ad-Supported Streamers Are Beating Out Competitors Like Netflix
movieguide.org
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Why Are Free, Ad-Supported Streamers Beating Out Competitors? What do Tubi, the Roku Channel and Pluto TV have in common for the second month in a row? “Free is a great driver to get people to try something,” John Buffone, vice president and media entertainment industry adviser at market research company Circana, told The Hollywood Reporter. “Free doesn’t keep you there.” Viewers are responding to the massive libraries services like Tubi offer, as well as the diversity of their content. “We have hundreds of Korean dramas. We have hundreds of UFO docs. If you want to watch silent films or anime, we have that. And so what we’re finding is these fandoms are really kind of discovering what’s happening at Tubi and that’s driving that viewership,” Tubi CEO Anjali Sud told THR. With thanks to FAST Channels TV and movieguide.org. --- MEDIA RELEASE | Wise Words Media officially launches FAST Channels Media at MIFF 2024 * https://lnkd.in/gSbgfWmv Looking to expand, grow reach and engagement with more international audience(s)? Maybe your're a producer looking to refine your content or film distribution strategies? Wise Words Media will be at Melbourne International Film Festival 2024. Our goal(s): to build and consolidate industry relationships by introducing everything FAST Channels to MIFF professionals and audiences alike. FAST Channels Media is ready to put our clients in touch with our far reaching, active global network of contacts in the hashtag#OTT 'Over-The-Top' streaming sector and FAST Channels space: * https://lnkd.in/guNUY-uH FAST FACTS | Did you know there are 1.4 billion smart TV's world-wide? Your film, TV Series...in fact any content you produce can find a global audience. With thanks to FAST Channels TV and movieguide.org. #FASTchannels #freetv #streaming #AVOD #ott #ottplatforms
Free, ad-supported, streaming television is continuing to beat out bigger, subscription-based competitors. For the second month in a row, Tubi, the Roku Channel and Pluto TV collectively accounted for a bigger share of television (4.3%) than the combined total of Max, Paramount+ and Peacock (3.7%), Yahoo! Tech reported. #FASTchannels #freetv #streaming #AVOD
Why Free, Ad-Supported Streamers Are Beating Out Competitors Like Netflix
movieguide.org
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Since 2013, streaming has taken over, and cable viewership and shows have been dropping—down from 330 scripted shows in 2013 to just 139 in 2023. Netflix set the stage with bingeable content, but now, platforms like TikTok are shaking up the game even more. The big question: Can traditional media balance fan-favorite IPs with fresh content, or are we headed for a new era of entertainment? Paramount+ is leading the charge in terms of streaming success among legacy media companies, with 183 billion minutes watched since 2022. This is in contrast to other platforms like Warner Bros. Discovery's Max, which has struggled to capture as much viewer attention with only 50 billion views. Read more of Keelan Brown's analysis: https://lnkd.in/gpvQHbHE
Streaming Gains Lag Amidst Cable’s Decline | Luminate
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The New York Times has become the Streaming Wars historian recently. Focused on lost leadership, fruitless competition, expensive tech distractions and lessons ripping it apart. We've been leaking hints of $50M worth of new tech forthcoming that will aide the transition. Will be interesting for sure. June 22, 2024 - The Future of Streaming (According to the Moguls Figuring It Out) May 26, 2024 - What Happened to Our Ad-Free TV? April 21, 2024 - Americans’ New TV Habit: Subscribe. Watch. Cancel. Repeat. March 1, 2024 - Streaming Prices Keep Going Up. Here’s How to Manage Subscriptions. February 28, 2024 - How the Media Industry Keeps Losing the Future January 27, 2024 - The Joy and Sorrow of Streaming #freecast #nextgenstreaming #streamingwars #nomoreappdiving https://lnkd.in/e4F7teM8
The Future of Streaming (According to the Moguls Figuring It Out)
https://www.nytimes.com
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