Netflix Acknowledges Streaming Rivals Are ‘Affecting Our Marginal Growth’
Netflix said the increase in streaming competition over the past two years is impacting the platform's "marginal growth."
variety.com
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All Things Streaming (VOD, OTT)
- Thread starter MisterPenguin
- Start date
variety.com
I would think for several reasons:
1. Short term speculators always cause a sell-off at any whiff of bad news. They're racing one another to sell off before the stock hits its new floor. Meanwhile, there is a floor because the majority of the stock is held by long term investors who aren't trying to outgame one another in the short term.
2. Netflix is supposed to be in its era of profitability (as opposed to the many years of big losses in order to gain market share). And this quarter showed they're back into red as they compete with the other streamers for worldwide penetration and buying new content. So... that's worrying.
3. DIS stock is just more than its streamer. Parks and cruises are back (mostly), and the linear channels are still robust. And stockholders have been warned every quarter that D+ will be in the red for several years as it expands. So, there's no panic when the streaming segment is still in the red.
Peacock (NBC/Comcast/Universal/Dreamworks) and Paramout+ (Viacom/CBS related to Showtime) are flailing about.
First. There is no good reason for Paramount+ and its sister subsidiary, Showtime, to remain separate. Just like Disney has been merging and bundling all its assets for the past two year, NBC/Comcast is all like, "Hey, maybe we should do that, too!"
deadline.com
And now, in certain parts of the world that don't currently get Paramount+ nor Peacock, the two streamers have created a merged streaming service called SkyShowtime:
deadline.com
Is this a sign they know they both won't be able to survive on their own and this is the first tentative step toward a merger of their streamers? <shrug>
Also, Paramount+ is becoming the Star Trek Network:
And in self-inflicted wound news. ATT is divesting itself of Warner Bros/Discover, whose properties feed into HBO Max. (HBO has lost being fed by 20th Century, Universal, and Lionsgate/Summit).
variety.com
First. There is no good reason for Paramount+ and its sister subsidiary, Showtime, to remain separate. Just like Disney has been merging and bundling all its assets for the past two year, NBC/Comcast is all like, "Hey, maybe we should do that, too!"
Showtime On Paramount+? “We’re Looking At All Of Our Options,” Says Paramount+ Content Chief
Showtime is coming off the ratings success of two drama series – Yellowjackets and a Dexter sequel series. The premium cable network recently revealed that the Yellowjackets finale more than doubled its premiere viewership and streaming viewership quadrupled over the course of the season with...
deadline.com
And now, in certain parts of the world that don't currently get Paramount+ nor Peacock, the two streamers have created a merged streaming service called SkyShowtime:
Comcast & ViacomCBS JV SkyShowtime Given Regulatory Greenlight; Preps 2022 Launch
Comcast and ViacomCBS' SkyShowtime streamer has been given the regulatory greenlight and will launch in 20 European markets later this year.
deadline.com
Is this a sign they know they both won't be able to survive on their own and this is the first tentative step toward a merger of their streamers? <shrug>
Also, Paramount+ is becoming the Star Trek Network:
- Discovery (2017–present)
- Picard (2020–present)
- Lower Decks (2020–present)
- Prodigy (2021–present)
- Strange New Worlds (Just announced)
- Section 31 (in the works)
And in self-inflicted wound news. ATT is divesting itself of Warner Bros/Discover, whose properties feed into HBO Max. (HBO has lost being fed by 20th Century, Universal, and Lionsgate/Summit).
With Spinoff, AT&T Picks Safer Exit for WarnerMedia
Why AT&T opted for a WarnerMedia spinoff ahead of its combo with Discovery rather than a less-conventional split-off structure.
variety.com
1. So, Disney and Netflix made a deal with Sony such that Sony's pictures would, after leaving the theaters, go first to Netflix in the Pay 1 Window, then go to live on Disney+ for the Pay 2 Window. Disney would also get to put a lot (if not all) of Sony's library on D+/Hulu.
2. Previously, Sony's Animation was going to Netflix in the Pay1, but, Sony's Live-Action was going to Starz (corporate sibling of Lionsgate/Summit).
(Sony can play the field like this because that studio doesn't run a liear or streaming channel, nor does Sony have a corporate sister or overlord that runs a streamer.)
3. The new Sony/Netflix/Disney deal begins in 2022. All Sony Live and Animated goes to Netflix, then Disney.
4. However... Spider-Man: No Way Home was a movie made in 2021. So, where will it go?
5. Starz has just announced that they'll be getting Spider-Man's Pay1 some time later this year. After all, that's the contract. So, while other Sony/Marvel films may migrate to D+ sooner than later, it will be later for No Way Home.
6. As a side note, Starz/Lionsgate/Summit have made no secret over how much they would love to be bought out by some bigger player in the streaming wars. Starz only now has Lionsgate/Summit as a feeder, and that ain't going to cut it. This makes this announcement from Starz rather funny...
https://www.murphysmultiverse.com/spider-man-no-way-home-heading-to-starz-over-the-next-6-months/
The CEO says this is "all part of their strategy"... a strategy of *retention.* No Way Home was their last Sony movie that they're able to *retain*.
2. Previously, Sony's Animation was going to Netflix in the Pay1, but, Sony's Live-Action was going to Starz (corporate sibling of Lionsgate/Summit).
(Sony can play the field like this because that studio doesn't run a liear or streaming channel, nor does Sony have a corporate sister or overlord that runs a streamer.)
3. The new Sony/Netflix/Disney deal begins in 2022. All Sony Live and Animated goes to Netflix, then Disney.
4. However... Spider-Man: No Way Home was a movie made in 2021. So, where will it go?
5. Starz has just announced that they'll be getting Spider-Man's Pay1 some time later this year. After all, that's the contract. So, while other Sony/Marvel films may migrate to D+ sooner than later, it will be later for No Way Home.
6. As a side note, Starz/Lionsgate/Summit have made no secret over how much they would love to be bought out by some bigger player in the streaming wars. Starz only now has Lionsgate/Summit as a feeder, and that ain't going to cut it. This makes this announcement from Starz rather funny...
https://www.murphysmultiverse.com/spider-man-no-way-home-heading-to-starz-over-the-next-6-months/
The CEO says this is "all part of their strategy"... a strategy of *retention.* No Way Home was their last Sony movie that they're able to *retain*.
Slpy3270
Well-Known Member
ViacomCBS reported increased subscriber additions but missed on earnings, recording a 73% drop in profit due to streaming investments.
So how is ViacomCBS (sorry, "Paramount" effective tomorrow) responding? Put more eggs in the streaming basket!
Investors responding accordingly. Stock down 6.6% after-hours.
So how is ViacomCBS (sorry, "Paramount" effective tomorrow) responding? Put more eggs in the streaming basket!
Investors responding accordingly. Stock down 6.6% after-hours.
Paramount Stock Plunge Shows Perils Of Trying To Give Wall Street The Ol’ Streaming Razzle-Dazzle
Paramount Global stock has plunged since the company's investor day, showing the perils of trying to wow Wall Street with streaming talk.
deadline.com
Comcast CEO Brian Roberts Answers The Question On Wall Street’s Mind: Is Streaming Actually A Good Business?
Confronted with a question on many investors' minds -- namely, is streaming a real business? -- Comcast CEO Brian Roberts argued that it is.
deadline.com
Pay-TV Providers Shed 4.7M Subscribers In 2021, Down Slightly From 2020 Cord-Cutting Levels – Report
Pay-TV providers lost almost 4.7 million net video subscribers in 2021, according to a new report by Leichtman Research Group.
deadline.com
Why Curation Is Key to Streamers Upping Subscribers
The challenge for all competing streamers is not just attracting new subscribers, but how to keep existing ones.
variety.com
HBO Max Latin America Production Ramp Up – Broken Down by Top Exec Luis Duran (EXCLUSIVE)
HBO Max Latin America ‘very bullish’ on telenovelas and live sports, Duran says.
variety.com
Why Amazon Spent $8.5 Billion to Land MGM, and What’s Next for the Studio Behind James Bond
What Amazon has planned for MGM, its new $8.5 billion prize.
variety.com
HBO Max Details Content Strategy for Central and Eastern Europe, Reveals New Format ‘One True Singer’ (EXCLUSIVE)
HBO Max details its content strategy for Central and Eastern Europe, and reveals new singing competition series 'One True Singer.'
variety.com
Starz Play Arabia Streamer Gets Major Cash Injection as Abu Dhabi Partners Take Majority Stake
Streaming service Starz Play Arabia is getting a major cash Injection as a consortium of Abu Dhabi partners takes a majority stake.
variety.com
Streaming Boom Sparks Evolution in German Drama
A streaming boom in Germany has sparked a major evolution in drama series such as 'All You Need' and 'We Children From Bahnhof Zoo.'
variety.com
Europe’s TV Business Model Gets Shaken Up by Streamers
Netflix, Amazon, other streamers shake up Europe's TV business model.
variety.com
Netflix Stock Takes Another Dive As Streaming Giant Posts Q1 Subscriber Reversal
Netflix shares slid 16% in after-hours trading after the company actually lost ground in terms of subscribers, falling to 221.64 million.
deadline.com
Netflix Will Face Hurdles in Courting Advertisers, But Biz Abuzz About Streamer’s New Model
Netflix is weighing a new, cheaper ad-supported version of its service, but the company faces a series of obstacles and questions.
variety.com
Netflix Says Password-Sharing Solution A Year Away; Reed Hastings Vows To “Get Back Into Investors’ Good Graces”
Sober execs said a password-sharing crackdown on the army of 100 million Netflix viewers who use the service for free is being tested.
deadline.com
Netflix & Live Sports? Ted Sarandos Says Streamer Would Need To Find Revenue & Profit Stream Before Kicking Off Move, Talks Up ‘F1: Drive To Survive’
Netflix's Ted Sarandos revealed what it would need to make live sports happen on the streamer.
deadline.com
OMG
www.nytimes.com
They're foot-shooting harder than Paramount+ !!
It hurts my brain that all of CNN shows aren't available on one merged streamer that includes HBO, DC, CNN+ extra shows, Warner Bros; plus all their B-tier TV channels: Discovery, Animal Planet, Science Channel, TBS, TNT, TruTV, TLC, HGTV, Food Network, Cartoon Network, Boomerang, Adult Swim, Cartoonito, and Discovery Family, Warner Bros. Animation, Cartoon Network Studios, Williams Street, Hanna-Barbera.
CNN+ could have plussed the streamer as well as appear on the channel.
CNN+ Streaming Service Will Shut Down Weeks After Its Start
A major investment by CNN, which poached big-name anchors and threw a splashy launch party, ends abruptly at the hands of a new corporate leadership team.
They're foot-shooting harder than Paramount+ !!
It hurts my brain that all of CNN shows aren't available on one merged streamer that includes HBO, DC, CNN+ extra shows, Warner Bros; plus all their B-tier TV channels: Discovery, Animal Planet, Science Channel, TBS, TNT, TruTV, TLC, HGTV, Food Network, Cartoon Network, Boomerang, Adult Swim, Cartoonito, and Discovery Family, Warner Bros. Animation, Cartoon Network Studios, Williams Street, Hanna-Barbera.
CNN+ could have plussed the streamer as well as appear on the channel.
Value Of MGM Film And TV Operation Revealed In Amazon Filing
Amazon has assigned a value of $3.4 billion to MGM's film and TV library, which it acquired along with the rest of the Hollywood company.
deadline.com