Financial
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Netflix’s Ad-Supported SVOD Plan Reportedly Tops 1 Million Subscribers
After a slow start, Netflix’s lower-priced, ad-supported subscription streaming VOD plan is beginning to gain traction, reportedly topping 1 million subscribers since debuting on Nov. 3, 2022. While Netflix executives … Continue reading “Netflix’s Ad-Supported SVOD Plan Reportedly Tops 1 Million Subscribers”
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Apple TV+ Takes Steps to Lift Profile, Including Big Spend on Original Movies
Struggling SVOD service Apple TV+ is reportedly set to spend $1 billion annually on original movies — with conventional theatrical windows — in an attempt to up its game and … Continue reading “Apple TV+ Takes Steps to Lift Profile, Including Big Spend on Original Movies”
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Apple TV+ Takes Steps to Lift Profile, Including Big Spend on Original Movies
Struggling SVOD service Apple TV+ is reportedly set to spend $1 billion annually on original movies — with conventional theatrical windows — in an attempt to up its game and … Continue reading “Apple TV+ Takes Steps to Lift Profile, Including Big Spend on Original Movies”
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FilmRise Acquires Rights to Documentary ‘The Thief Collector’
FilmRise, the New York-based film and television studio and streaming network, has acquired North American distribution rights to the true-crime documentary feature film The Thief Collector. From Emmy Award-winning director … Continue reading “FilmRise Acquires Rights to Documentary ‘The Thief Collector’”
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GameStop Posts Surprise $48 Million Quarterly Profit
GameStop, the world’s No. 1 brick-and-mortar video game retailer, March 21 reported unexpected fourth quarter (ended Jan. 28) net income of $48.2 million on revenue of $2.22 billion. That compared … Continue reading “GameStop Posts Surprise $48 Million Quarterly Profit”
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BayView Entertainment Acquires Passion River Films Assets
BayView Entertainment has entered into an agreement to acquire certain assets of Passion River Films, the independent film and documentary distributor behind such releases as Between the Shades, Murder in … Continue reading “BayView Entertainment Acquires Passion River Films Assets”
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Alliance Entertainment Changes Wall Street Ticker Symbols
Home entertainment distributor Alliance Entertainment Holding Corp., parent of Mill Creek Entertainment and Distribution Solutions, March 20 announced that the company’s Wall Street common stock and warrants ticker symbols have … Continue reading “Alliance Entertainment Changes Wall Street Ticker Symbols”
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YouTube TV Raising Monthly Subscription Price 12% to $73
Google’s online television service YouTube TV has raised its monthly fee 12%, from $65 to $73 for new subscribers. Existing subs will see the $8 price hike take effect on … Continue reading “YouTube TV Raising Monthly Subscription Price 12% to $73”
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AVOD Service Tubi to Hold First-Ever Advertising Upfront
Fox Media’s ad-supported VOD platform Tubi March 15 announced it would host its first-ever conference for advertisers, Tubi Connect, on March 23 at Spring Studios in Manhattan, N.Y. The event, … Continue reading “AVOD Service Tubi to Hold First-Ever Advertising Upfront”
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Analyst Says AMC Theatres’ Reverse-Stock Split, Improved Theatrical Slate Bodes Well For Exhibitor
AMC Entertainment shareholders March 14 approved a 1/10 reverse-stock split, reducing the number of outstanding common shares to 51.8 million from about 518 million. The world’s largest theatrical exhibitor’s controversial … Continue reading “Analyst Says AMC Theatres’ Reverse-Stock Split, Improved Theatrical Slate Bodes Well For Exhibitor”
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Redbox Expects Boost in Business Thanks to Robust Theatrical Slate
Chicken Soup for the Soul Entertainment Inc. is hoping a revitalized slate of strong theatrical features will boost business at its Redbox subsidiary. The company says more than 40 major … Continue reading “Redbox Expects Boost in Business Thanks to Robust Theatrical Slate”
