With virtual MVPDs continuing to take on new customers at a healthy clip, keeping customers in the pay TV ecosystem, cord cutting dropped significantly for the second straight quarter, according to Leichtman Research Group.
Source: Pay TV Subscriber Losses Dropped to About 415,000 in Q2 as vMVPDs Continue to Grow
Hulu’s losses in the second quarter of 2018 more than doubled as it continues to step up investment in content to acquire new customers.
Source: Hulu Losses Double in Q2 to $357 Million, as Disney Is Set to Take Control
Roku gained nearly $157 million in revenue in the second quarter of 2018, compared to the $141 million analysts predicted.
Source: Roku Exceeds Q2 Earnings Expectations, Puts Streaming Service On Web
Altice USA could be willing to team with a virtual MVPD to offer a smaller, less expensive channel bundle.
The company, which was owned by the Chernin Group and includes video and streaming offerings, was sold in a deal that values Otter at more than $1 billion.
Source: On Hunt for Content, AT&T Closes Deal for Chernin’s Otter Media
Robert A. Iger, Disney’s chief executive, offered up few specifics about the service, but said its successful introduction would be the company’s “biggest priority” in 2019.
Source: Disney Reports Earnings, but Focus Is on Its Streaming Service
Source: Alibaba, Hollywood Studios Are Among Those Pouring $1 Billion Into a Mobile-Video Startup
Dish Network relies on its streaming service Sling TV to offset declines in its traditional satellite TV business. But competitors are catching up.
Source: Dish Network says increased competition is slowing Sling TV subscriber growth
Despite the consensus that cord-cutting would only get worse, MoffettNathansonprincipal and senior analyst Craig Moffett said the rate that consumers canceled their pay TV subscriptions declined by 3.3% in Q2, a one-tenth of a percentage point improvement over the prior year.
A group of record labels, including Sony, Universal, and Warner Bros., has hit telecommunications company Cox with a lawsuit alleging copyright infringement in what may be the latest challenge to the implementation of the safe harbor provision of the Digital Millenium Copyright Act.
Source: Major Labels Take Cox Communications To Court Over Alleged Copyright Infringment
Comcast and Amazon reached a deal to bring Prime Video to the cable company’s Xfinity X1 service — the first time Amazon’s premium streaming-video service will be available on a U.S. pay-TV service.
Source: Comcast to Launch Amazon Prime Video on Xfinity TV in 2018
Fox will be significantly reducing its dependence on 20th Century Fox TV this coming development season.
Source: Fox Bosses Lay Out “New Fox” Plans To Court Independent Studios, Take Program Ownership – TCA
The DOJ said that it will review consent decrees which for almost 70 years have regulated how movie studios distribute films to exhibitors.
Source: DOJ Will Review 70-Year-Old Consent Decrees That Regulate How Studios, Exhibitors Do Business
Source: Will MovieCoin’s Blockchain Technology Revolutionize Hollywood Film Production?
