Media +Technology Intelligence
As part of its third-quarter earnings release on Tuesday, the streaming giant disclosed it will soon begin reporting viewership stats measured as the total number of hours viewed of a program during its first 28 days on the platform. For years, Netflix has only reported the number of households who watched at least a small Read More …
Netflix added 4.4 million memberships in the third quarter, more than the company had forecast, as viewers flocked to the streaming platform with the return of popular series and new hits such as “Squid Game.” The new additions bring Netflix’s total paid global subscriber base to 213.6 million. The company had forecast that it would add Read More …
Spotify on Wednesday announced a new partnership with ecommerce provider Shopify to let artists list merchandise directly on their profiles on the audio-streaming giant’s platform. Any artist globally can already link to their Shopify store if they have one from their Spotify profile. But now Spotify users will see featured product listings from Shopify on the Read More …
Streaming services may pay up to 30 percent more to production workers as part of the International Alliance of Theatrical Stage Employees’ (IATSE) deal with major Hollywood studios to avert a strike. The union tweeted a document that specifically outlined the new streaming terms of the tentative Basic Agreement. Source: The IATSE’s strike-averting deal means better Read More …
In the past, box office film revenues provided a clear picture of what a star, the agents, studios and theaters should earn after a project made its debut. Now, in the age of streaming, data is more scarce and streaming services are less inclined to offer up information and data. Source: Creative Artists Agency Co-Chairman Read More …