latest engagement figures are unlikely to be warmly received by Netflix, as less than 1% of Netflix’s 221 million subscribers play the games according to Apptopia. In total, the games have reportedly been downloaded 23.3 million times and average 1.7 million daily users, which is far short of leading mobile games.
The total includes all of STARZ’s streaming services including STARZ, STARZPLAY International, and STARZPLAY Arabia.
The service’s latest quarterly total represents a 9.6 million subscriber year-over-year increase from the 16.7M that the streamer reported in August 2021. In the past, Lionsgate executives have touted a target of 50-60 million global subscribers by the end of 2025, but recent reports about the company’s future might put that into question.
Warner Bros Discovery CEO David Zaslav confirmed on the company’s latest earnings call that a FAST service is in the works.
According to Reuters, one proposed service would open the Warner Bros. vault for free streaming of landmark movies like “Casablanca,” “The Maltese Falcon,” and “Citizen Kane.”
While it’s unclear if Warner Bros. Discovery will launch a FAST service and what content may be included, this would be a lucrative option. A standalone library of classic films may not draw as many eyes as a general entertainment offering, so it remains to be seen if this is the path the company takes.
JB Perrette, CEO and President, Global Streaming and Interactive at WBD, revealed the news on the company’s earnings call Thursday.
“Our primary focus for the rollout will be in the markets where HBO Max has already launched,” he said. “We plan to launch the service sequentially starting in the U.S. next summer. Latin America will follow later in the year. European markets with HBO Max will follow in early ‘24, with additional launches and key Asia Pacific territories and some new European markets coming later in 2024.”
Total DTC subscribers rose to nearly 64 million, reflecting the removal of 3.9 million subscribers in Russia where Paramount and other media companies suspended operations in Russia in March after Vladimir Putin’s invasion of Ukraine.
Paramount+ added 4.9 million subscribers, growing the count to over 43 million. Some 1.2 Russia subs were removed.
I can’t with this guy’s “peak TV” predications. Landgraf has been wrong before, and he’s the first to admit that his prediction might be done “foolishly.” But he has data on his side, courtesy of the number-crunchers at FX research.
Netflix already boasts ample potential advertising inventory in its homegrown intellectual properties; according to observers, the popular Netflix series “Stranger Things” could generate millions of dollars through product placement. But building up a library of original games could help increase the variety and scale of Netflix’s available ad inventory, particularly as in-game advertising becomes a more fully developed channel.
Disney and Netflix are betting big on introducing ads to their flagship services. They’ve got an edge with broad reach and premium content, but in a soft market they need to give advertisers something better than what they have now — namely, returns on investment and the ability to precisely target users.
MyBundle.TV has scored a new deal, inking a strategic partnership with the NRTC, as the company advances its ambitions of becoming the go-to-partner for broadband providers that want to offer simplified aggregated streaming options to customers.
The new agreement means the 1,500 members of NRTC – the National Rural Telecommunications Cooperative – can take advantage of MyBundle.TV, which provides aggregation tools and products to help make it easier for providers to offer (and consumers to find) the streaming services they want in one place.
Should “Lightyear” prove successful on streaming, then, the value of Pixar movies as big-screen releases would come under severe scrutiny. Why spend millions mounting a theatrical rollout, Disney would surely reason, when Pixar’s movies are such effective subscription generators for Disney+.
“Lightyear” underwhelming on Disney+ would tell a different story. It would be easier, in that case, to frame the film as a one-off flop, a failed franchise extension whose potential appeal was overestimated. In and of itself, that’s not great for Pixar, but it could be enough to convince Disney to keep giving the company’s films a chance in theaters.
It’s easy to see why Roku makes the buttons so prominent; in 2019 Bloomberg reported that streaming services paid about $1 per customer to put their button on the remote. If that number is still accurate, that means Roku could be making up to $4 per remote, just from streaming service fees. Multiply that across most of the 63 million active accounts Roku reported in its Q2 2022 earnings (pdf), and that’s a big chunk of change.
If you’re Roku, that’s a stroke of genius; each time you sell a remote, you get money from whoever’s buying it and from four streaming services.
Estrella Media is expanding its free ad-supported streaming TV (FAST) presence, debuting today Cine EstrellaTV on LG Channels.
Estrella Media has gradually gained exposure on smart TV systems. The company is a content partner on Roku’s Espacio Latino – a recently launched hub for Roku’s Spanish language programming. And Estrella Media last year launched EstrellaTV and Estrella News on Vizio’s SmartCast TVs.
Amazon Prime Video launched localized versions of its streaming service in Southeast Asia’s biggest markets — Indonesia, Thailand and The Philippines. The company is attempting to boost its subscriber base in the three markets by increasing its investment in local production, releasing original slates for each territory and giving customers special offers like seven-day free trials and discounts.
Hulu has proved that a hub for broadcast content online is a very appealing proposition for consumers. Had all the broadcasters remained committed to the service, Hulu would be an essential entertainment service for most homes in America. As such, it’s not hard to believe it could command a healthy $20-$25 monthly subscription cost.
Instead, broadcasters have decided to go it alone, forcing viewers to subscribe separately to each “channel” of content. All will struggle to reach Hulu’s current penetration, and none will achieve the penetration they could have if they had worked together. Broadcasters would have been far stronger together than they are apart.
Apple released its third-quarter earnings on Thursday and reported $19.6 billion in services revenue (which includes businesses like the App Store, Apple TV+, Apple Music, cloud services and others), marking a 12% year-over-year increase, but narrowly falling short of Wall Street predictions of about $19.7 billion.