Netflix targets global TV ad market as next business to disrupt

Streaming giant bets on new, 30% cheaper ad-backed service Global TV advertising market estimated to be worth $153 bln ‘Great move’ in inflationary environment – consultant Ad-supported service to launch in U.S., 11 other markets in Nov Oct 19 (Reuters) – Netflix Inc (NFLX.O) upended the global entertainment industry about a dozen years ago with … Read more

Forecast Netflix in focus as streaming pioneer will roll out ad-supported tier

Oct 17 (Reuters) – Netflix Inc subscriber growth forecast () will be in focus when it reports third-quarter results on Tuesday, with the streaming pioneer set to roll out ad-supported plans to better compete with competitors such as Disney+ and HBO Max. Last week, Netflix said it would launch the package in November for $6.99 … Read more

French TV shares slump after merger to challenge Netflix collapse

A view shows the headquarters of French television group M6 in Neuilly-sur-Seine, near Paris, France, May 21, 2021. REUTERS/Sarah Meyssonnier/File Photo Sign up now for unlimited FREE access to Reuters.com List PARIS/MILAN, Sep 19 (Reuters) – The collapse of a deal to form a French TV giant to challenge US streaming services like Netflix (NFLX.O) … Read more

French broadcaster gives up anti-Netflix merger deal

Sign up now for unlimited FREE access to Reuters.com List PARIS, Sep 16 (Reuters) – France’s two largest private broadcasters, M6 Group (MMTP.PA) and TF1 (TFFP.PA), scrapped their planned merger to fend off a resurgence of US streaming platforms, saying antitrust demands made the deal irrelevant. If successful, the deal would change the landscape of … Read more

Analysis: Is Netflix’s jealousy over in Hollywood? Not too

The Netflix logo is displayed on a TV screen in this illustration taken on May 9, 2022. REUTERS/Denis Balibouse/Illustration/Photo File Sign up now for unlimited FREE access to Reuters.com List August 11 (Reuters) – During a earnings period that appears to signal an end to the Netflix envy, Walt Disney Co (DIS.N) is restoring hope … Read more

Streaming next episode video: price war

A smartphone with the “Disney” logo is seen on the keyboard in front of the words “Streaming service” in this image illustration taken March 24, 2020. Sign up now for unlimited FREE access to Reuters.com List NEW YORK, August 9 (Reuters Breakingviews) – What a difference a year makes: Consumers have gotten off the couch; … Read more

How Netflix plans to find ‘Star Wars’ in it

LOS ANGELES, July 18 (Reuters) – Netflix (NFLX.O) is breaking Hollywood rules to create an $82 billion global streaming giant that the rest of the entertainment industry is quickly copying. But when growth slowed, he looked back to find a way forward, borrowing a page from the Walt Disney (DIS.N) playbook. Companies that are changing … Read more

Hollywood veteran Chernin forms new studio by acquiring Red Arrow Studios

Cast member Christian Bale signs autographs at a special screening for the film “Ford v Ferrari” in Los Angeles, California, U.S., November 4, 2019. REUTERS/Mario Anzuoni/File Photo Sign up now for FREE unlimited access to Reuters.com List LOS ANGELES, July 6 (Reuters) – Hollywood veteran Peter Chernin announced Wednesday that he is forming a new … Read more