By
Meghan CoyleMay 1, 2014
According to first quarter reports, revenue from digital movies has grown 43 percent since last year, bringing in $330.25 million for the home entertainment industry. However, that number is still dwarfed by the revenue from disc sales. Even though disc sales dropped 13.7 percent, they still account for $1.82 billion in consumer spending on DVDs and Blu-ray discs. Revenue from subscription streaming is up 26.5 percent to $928.6 million. Continue reading Digital Movie Revenue on the Rise While Home Video Sales Fall
By
Meghan CoyleApril 24, 2014
Time Warner Cable has partnered with startup Fanhattan to offer customers the Fan TV cable set-top box, which enables viewers to watch live TV, cable TV, and streaming video via Internet Protocol. The sleek cable box features a unique viewer guide with an integrated offering of online and live content from television shows to movies through a simple touchpad remote. Pre-orders of Fan TV set-tops, which began Tuesday, are $99, and they will be ready to ship in June. Continue reading Time Warner Cable Offers VOD, Streaming, Cable via Fan TV
Viacom and Amazon announced a multiyear deal earlier this week that will provide Amazon with exclusive rights to Nickelodeon and Nick Jr. shows aimed at children and preschoolers. The agreement, estimated to be worth several hundred million dollars, also includes content from Viacom networks MTV and Comedy Central. The deal with Amazon was inked after Netflix and Viacom failed to renew their licensing agreement. Continue reading Netflix Competitor Amazon Nabs Exclusive Deal with Viacom
Google announced this week that the newly launched Redbox Instant by Verizon app is now ready for Google TV. Available in the Google Play market, owners of second generation hardware will be able to make full use of the app’s streaming capabilities (as detailed at the Google I/O conference, only newer devices have the necessary DRM support). Google Play is currently offering a one month free trial for new subscribers. Continue reading Redbox Instant by Verizon App Now Available on Google TV
Multiplatform video service provider Vubiquity and DVR pioneer TiVo announced a partnership yesterday that will integrate Vubiquity’s AnyVU Streaming service with the TiVo user experience. AnyVU Streaming is an end-to-end multiplatform video solution that enables service providers to launch TV Everywhere services. The TiVo user interface will allow for integration of Vubiquity’s subscription movie package ViewNow on any device. Continue reading AnyVU: Vubiquity and TiVo Partner on TV Everywhere Solution
Video discovery startup Fanhattan unveiled Fan TV yesterday at the D: All Things Digital conference in California. The OTT set-top box will enable access to live TV and VOD, in addition to a cloud-based DVR and streaming services such as Netflix and Hulu. Viewers will be able to search and discover TV shows and movies based on genre, actors, social recommendations, etc. Fanhattan plans to partner with pay TV companies to sell the box, which is expected to be available later this year. Continue reading D11 Conference: Fanhattan Unveils All-in-One Set-Top Box
During a Q3 earnings call Wednesday, News Corp. COO Chase Carey discussed how Fox has experienced significant growth in home video due to digital downloads. Carey cited digital rentals and downloads via sites such as iTunes and Amazon as the primary contributing factor. He also suggested that in a few years “Hulu will look a bit different than it does today,” in order to compete with Netflix. Continue reading Exec Credits Digital Downloads for Fox Home Video Growth
A recent eMarketer survey was conducted to analyze how American Internet users are viewing TV shows. Participants were also asked how they would feel about replacing their televisions with streaming services like Netflix or Hulu. A surprising 80 percent of users said that they would consider the option. The research firm estimates significant growth in the number of viewers consuming digital TV over the Internet within the next four years. Continue reading Increasing Number of Viewers Turning to Streaming TV
By
emeadowsMarch 18, 2013
Redbox Instant by Verizon officially launched last week, opening to the public after a three-month-long closed beta test that drummed up interest from thousands of consumers, according to Redbox Instant CEO Shawn Strickland. He said the beta test period was a great learning opportunity for the company and the service, which offers subscribers access to 4,600 subscription titles and four DVD rentals for $8 a month. Continue reading Redbox Instant By Verizon Offers DVDs and Streaming
By
Paula ParisiJanuary 8, 2013
Wireless has revolutionized the world, and now it’s going to take a shot at saving it. Verizon is launching a $10 million competition to find enlightened solutions to formidable global challenges. Called the Powerful Answers Award, it will be a yearlong challenge to top thinkers in technology to develop cloud-based, wireless or even wireline solutions for issues in education, healthcare and sustainability. Continue reading CES 2013: Verizon Looks for Powerful Answers to Global Issues
By
emeadowsJanuary 4, 2013
According to Variety, 2012 was more about what didn’t happen than what did happen when considering the intersection of TV and digital media. As the multichannel world continues “begging for disruption,” the cost of the “average pay-TV subscription has skyrocketed 68 percent over the past 10 years,” notes the article. It seems something will definitely have to give, “but despite the fragility of their delicate bond, programmers and distributors didn’t face any real challenge in 2012 from any of the expected upstarts hoping to gain rights to live TV and package it in more innovative ways.” Continue reading In a Multichannel World, Pay TV Fought its Future in 2012
By
emeadowsJanuary 3, 2013
In the home entertainment space, consumer spending on software rose for the first time since beginning a steady decline in 2006. The Digital Entertainment Group reports that at the end of the third quarter 2012 consumer spending on home entertainment as a whole — including disc, rental and digital distribution — was up by about 1 percent. IHS Screen Digest predicts that spending will total $18.7 billion, 5 percent higher than last year. Continue reading Home Entertainment: Distribution Models Finally Working Together
Redbox announced that it will begin offering video games for the Nintendo Wii, Xbox 360 and PlayStation 3 in 21,000 of its 31,800 self-service kiosk locations around the country starting June 17.
According to the company’s press release, Redbox has been testing video game rentals alongside movie offerings at 5,000 locations since August 2009. “Redbox has rented more than one million video games in less than two years at these locations, underscoring the popularity of video game play in America,” said Mitch Lowe, president of Redbox.
Redbox parent company Coinstar Inc. believes the select market testing suggests that the company can potentially “increase revenue by replacing 10% to 15% of the DVD slots in its kiosks with games.” (Each machine holds between 70 and 200 titles.)
Games – ranging from Call of Duty: Black Ops and Mortal Kombat to Super Mario Galaxy and Star Wars III – will cost $2 per night (compared to the $1 rental fee for DVDs and $1.50 for Blu-ray discs). For a complete list of initial game offerings, visit the Redbox Games page.
Related Home Media Magazine article (with interesting financial stats): “Redbox to Increase Video Game Presence” (4/28/11)