As part of its continued media and digital content expansion to take on companies such as Netflix, Amazon is set to acquire online comedy service Rooftop Media. The service gives viewers access to live and on demand recorded content from comedy acts across the country. While specifics of the deal remain undisclosed, the 10-person company will be acquired by Audible, a growing seller of online audiobooks that Amazon purchased in 2008 for $300 million. Continue reading Amazon Expands Entertainment Offerings with Comedy Service

According to Bernstein Research senior analyst Todd Juenger, there has been an unprecedented drop in TV ratings during the summer and fall seasons, which can be attributed to a growing number of viewers opting for streaming services such as Netflix, Amazon and Hulu. Juenger suggests that traditional ad-supported TV viewing has declined over the last year by an average of 13 minutes per day, while Netflix viewers are spending 12 minutes more each day watching video content via the video service. Continue reading Netflix to Blame for Recent Decline in Traditional TV Ratings?

Verizon and Netflix are quietly testing a plan that could lead to an industry first regarding a major MVPD offering the SVOD service as part of a bundled subscription. Verizon is offering new FiOS Triple Play customers in New York City a free year’s worth of Netflix (a $108 value). The trial follows the back-and-forth between Verizon and Netflix contentiously debating which company was to blame for buffering problems that eventually led to a peering deal with Netflix paying extra fees. Continue reading Trial: Verizon FiOS and Netflix Test Bundled Subscription Plan

Amazon announced its Fire TV Stick, a $39 device ($19 for Prime subscribers) that plugs into the back of a television to provide access to movies and shows via online services such as Amazon’s Prime Instant Video and competitors Hulu and Netflix. Scheduled for a November 19th release, the Fire TV Stick offers twice the memory of Google’s $35 Chromecast (a bestseller on Amazon) and is priced lower than Roku’s $50 stick. However, it joins a crowded market of over-the-top Internet streaming devices. Continue reading Amazon to Join Crowded OTT Device Market with Fire TV Stick

As HBO and CBS introduce their own streaming video subscription services, they may face a variety of content-related challenges, according to panelists at Variety’s Entertainment & Technology Summit on Tuesday. Companies will need a large catalog of titles if they want to compete with services such as Netflix. Then the content has to be marketed and distributed on a variety of platforms. The panel talked about how hard it is for a subscription service to compete for viewers’ attention today. Continue reading Streaming Video Subscription Services Struggle with Content

In the wake of HBO and CBS announcing online subscription offerings, Tribeca Enterprises and Lionsgate announced yesterday that they plan to offer a new online VOD service by June 2015. The Tribeca Short List service will focus on prestige titles curated from their libraries, in addition to a selection of foreign films. The move is the latest by media companies looking to leverage the Netflix-dominated SVOD market. Univision is joining networks HBO and CBS with its plans for a standalone streaming video service. Continue reading Tribeca and Lionsgate to Launch Video on Demand Service

Google claims that it has taken additional measures to make search results more resistant to piracy. According to a new white paper, Google has changed its search-engine algorithms so the sites with a large number of takedown notices appear lower in search results rankings. The company has also enhanced autocomplete and related search, preventing the inclusion of terms associated with piracy. New advertising products will also promote copyright-friendliness.  Continue reading Google Report Explains Enhancement of Anti-Piracy Efforts

Just one day after HBO announced its plans to launch a standalone Internet streaming service in 2015, CBS followed with news of its own subscription streaming service that will provide consumers with access to live programming in addition to thousands of current and past programs on demand. The announcements could be good news for cord-cutters who are increasingly turning to the Internet for content. The news may also have an eventual impact on how TV is offered by cable, satellite and telecoms. Continue reading CBS All Access Targets Cord-Cutters and Cord-Nevers Demo

Speaking at MIPCOM this week, Netflix Chief Content Officer Ted Sarandos said his company is going to modernize the distribution model of movies. The online streaming video service has new film deals in the works, including a sequel to “Crouching Tiger, Hidden Dragon,” and a four-picture agreement with Adam Sandler. Netflix’s original films will have a day-and-date release, so that viewers can have the option of watching the movie in theaters, buying the DVD, or streaming it on demand beginning the same day. Continue reading MIPCOM: Netflix Pushing Day-and-Date Releases for Movies

HBO announced yesterday that it plans to launch a standalone Internet streaming service in the U.S. next year that would not require a traditional TV subscription. The move is part of the cable network’s strategy to reach out to cord cutters, and underscores its growing rivalry with Netflix. The two companies are battling for a new generation of viewers who prefer watching their TV shows and movies via Amazon, Hulu, Netflix, and YouTube rather than subscribing to cable or satellite television. Continue reading HBO to Take On Netflix with New Streaming Service in 2015

While Netflix has become the largest standalone subscription programming service in the U.S., and the leading brand among millennials, the company attracted a disappointing number of new users during the third quarter, resulting in a 26.4 percent drop in its stock value yesterday. Netflix added 980,000 customers for the quarter, down from 1.3 million for the same period last year. The disappointing results were intensified by HBO’s announcement that it plans to offer a competing service next year. Continue reading Netflix Shares Take a Hit After Disappointing Third Quarter

Sony’s much-anticipated PlayStation TV went on sale this week for $100 MSRP — or $140 packaged with a DualShock 3 gamepad controller, 8GB memory card, and “The Lego Movie Videogame.” The mini console, which essentially provides a Vita experience on a big screen, connects to a TV or PC via HDMI and allows users to access games and streaming services. “It is essentially a modern version of Nintendo’s GameBoy Player mashed up with all the capabilities of an Amazon Fire TV,” suggests VentureBeat. Continue reading New PlayStation TV Provides Gameplay and Streaming Media

During his keynote address at international television market MIPCOM on Monday, Maker Studios CEO Ynon Kreiz suggested that the future of TV would be short-form content. Kreiz believes that linear television is over for the 12-to-24-year-olds of the millennial generation, a valuable group to the advertising industry. He said that Maker Studios is ideally positioned to leverage this demographic with its user-generated, short-form video content since two-thirds of its 550 million users are millennials. Continue reading MIPCOM: Maker Studios CEO Discusses Shift to Short Videos

The number of cable channel subscribers has decreased over the past four years, but it is not necessarily a result of viewers completely “cutting the cord.” Rather, many viewers are now “cord shaving,” or opting for smaller, cheaper cable bundles. These bundles do not include popular channels like CNN, ESPN or TNT. Those channels, and the others in the top 40 most distributed channels have lost more than 3 percent of their distribution, 3.2 million subscribers, in the past four years. Continue reading Cord-Shaving Becoming New Concern for the Pay TV Industry

Netflix is raising its monthly subscription rate by more than 30 percent for those interested in streaming 4K video. Subscribers who have not yet signed up for 4K content will be charged $11.99 per month (the family plan), up from the standard $8.99 charge. For customers who have already signed up for a 4K-enabled account, the price change will not take effect until August 2016. Netflix 4K streams currently only work with Ultra HD TVs released this year that include a built-in H.265/HEVC decoder. Continue reading Netflix is Charging More for Subscribers Streaming 4K Video