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Report: Box office takes $32bn revenue hit

The global cinema industry is set to lose $32 billion (€26.4bn) in 2020 as a result of the Covid-19 pandemic a 71.5 per cent reduction in box office revenue compared to 2019, according to Omdia’s latest Movie Windows: Adapting for the future report. Box office revenue has dipped below $13 billion for the first time […]

December 11, 2020

Netflix reveals 2020 US viewing trends

As 2020 draws to a close, Netflix has unveiled What We Watched 2020 – compiling the year’s US viewing trends on the service. Documentaries, reality TV, romance and

December 11, 2020

Research: Pandemic heightens US online entertainment consumption

The second tranche of Hub Entertainment Research’s Predicting the Pandemic research tracking the impact of the pandemic shows how it has accelerated the already well-established shift to online consumption of entertainment content, across multiple facets of the leisure economy. Highlights from the November findings: As many Americans moved indoors for the fall [autumn], large proportions […]

December 11, 2020

Analysis: Cheap streaming TV coming to an end

Ampere’s latest analysis of the US and European SVoD market reveals that the average US streaming household now stacks an average of four different subscription video services. In the five largest Western European territories, streaming homes have an average of two services. The pandemic, national lockdowns, and the launch of new studio-backed subscription services have […]

December 10, 2020

Research: Churn rate drops to 38% among OTT services

Parks Associates research finds the overall annual churn rate for US OTT services, representing those subscribers who have cancelled a service as a percentage of the current subscriber base, dropped from 46 per cent in Q3 2019 to 38 per cent in Q3 2020. As a subset of subscription-based OTT services, vMVPDs experienced an even […]

December 9, 2020

Research: 47% US homes subscribe to Amazon Prime Video

Research from Parks Associates finds 47 per cent of US broadband households subscribe to Amazon Prime Video, second only to Netflix among subscription-based OTT video services in the US. “The surge in online

December 9, 2020

Christopher Nolan blasts HBO Max movie plan

Director Christopher Nolan has criticised Warner Bros after the Hollywood studio revealed plans to release 17 movies onto US streaming service HBO Max next year, a platform he referred to as ” the worst streaming service”. The slate of films – including tentpole titles such as Matrix 4, Godzilla vs Kong and Dune – will […]

December 8, 2020By Nik Roseveare

Report: GCC video industry sees revenues of $1.6bn in 2020

Media Partners Asia has published its first report on the Middle East region, entitled GCC Video & Broadband Distribution 2020. The report provides analysis of the current state and future outlook for telecoms, online video & pay-TV industries across the six Gulf Cooperation Council (GCC) countries: Bahrain, Kuwait, Oman, Qatar, the Kingdom of Saudi Arabia […]

December 7, 2020

Apple TV+ orders World Surf League docu-series

Apple TV+ has ordered a new six-part documentary series from Box to Box Films and the World Surf League (WSL) that will provide a behind-the-scenes look at the aspirations, failures and accomplishments of the world’s best surfers as they battle for the WSL Title and struggle to remain on the elite WSL Championship Tour (CT). […]

December 7, 2020

Warner Bros: All 2021 movies on HBO Max same day as cinema

Warner Bros Pictures Group has announced that it is “committed to releasing its 2021 film slate via a unique, consumer-focused distribution model” in which the studio will continue to exhibit its movies theatrically worldwide, while adding an exclusive one month access period on the HBO Max streaming platform in the US concurrent with the film’s […]

December 4, 2020By Nik Roseveare