Tag Archive for ‘Variety’

Disney to End Netflix Deal and Launch Its Own Streaming Services ➝

Todd Spangler, reporting for Variety:

Disney is ending its distribution agreement with Netflix for new movie releases, while it’s also buying majority ownership of BAMTech — the streaming-video company founded by Major League Baseball — in a $1.58 billion deal.

The moves set a clear course for the media giant to launch Netflix-style direct-to-consumer internet services from ESPN and Disney. Disney said will end its distribution agreement with Netflix for subscription streaming of new movie releases, beginning with the 2019 theatrical slate.

I’m certain Netflix customers aren’t happy about the service losing a major content provider, but I think this is the right move for Disney. They own the rights to a massive library filled with high quality video content — they’d be foolish for not building their own streaming service. It’s kind of amazing that they hadn’t built one already.

(Via Nick Heer.)

Amazon Video Direct Takes on YouTube ➝

Todd Spangler, reporting for Variety, on Amazon Video Direct:

With the launch of Amazon Video Direct, open to any video creator, the e-commerce giant will compete head-to-head with Google’s YouTube for video-ad dollars and views as well as other big Internet video distributors like Facebook and Vimeo.

Partners participating in Amazon Video Direct have four distribution options. They can make their content available to Prime Video subscribers and receive a per-hour royalty fee; it can be sold as an add-on subscription through the Streaming Partners Program; it can be offered for digital rental or purchase; or it can be made available to all Amazon customers for free with ads, and creators will receive a 55% share of the ad revenue (the same as YouTube).

Rdio Acquired by Pandora ➝

Janko Roettgers, reporting for Variety:

Pandora is acquiring San Francisco-based music subscription service Rdio, the Oakland, Calif.-based company announced Monday after the close of markets. The announcement came minutes after Variety exclusively reported about the deal being imminent.

The $75 million acquisition includes “technology and intellectual property” from Rdio, which will file for bankruptcy–presumably to rid itself of accumulated debt–and shut down its existing service in all markets.

I’ve never been an Rdio user, but I know that it was beloved by many. It’s always sad to see company’s like this shut down.

Netflix Increases Price of Standard Streaming Plan to $9.99 ➝

No one’s going to complain about this. Even at $9.99 a month, Netflix’s a steal.

Netflix Obtains Streaming Rights to Mad Men ➝

The episodes should be up on Netflix starting July 27. And if you’ve never watched Mad Men, July 27 would be the perfect day to start.

(Via Gizmodo)