Turner made a splash this month in the already crowded SVOD field with their launch of FilmStruck; a collaboration between Turner Classic Movies and The Criterion Collection.
Cinedigm’s family-focused SVOD service, The Dove Channel, will now offer a live stream called Dove NOW – a 24/7 programmed channel featuring a mix from their vast library of nearly 500 films and 900 TV episodes. Launched in September 2015, as a partnership between Cinedigm and The Dove Foundation, the $4.99 a month, Netflix-style on demand channel offers inspiring and uplifting content from John Wayne Westerns to The Little Rascals to Michael Landon’s Highway to Heaven. The Dove NOW live stream will feature these titles, among others, along with kids programming blocks scheduled in the morning and early afternoon, and blocks containing more adult fare from fringe to primetime.
Research firm Parks Associates updated their list of top 10 OTT video services. They are ranked by number of paid subscribers, excluding transactional or ad-based services.
(Since not all subscriber numbers were provided in the press release I took a stab at some of them.)
Netflix kept the top spot with 46MM US subscribers. Amazon doesn’t release numbers so their subscription tally is a bit tricky to determine. It’s estimated that there are 56MM US customers paying for Prime, which technically puts them ahead of Netflix. However, not every one of these paying customers are doing so for the video service, since most are there for the Free 2 Day shipping – the main reason for signing up. According to a new CutCableToday survey, nearly 20% of all Prime subs don’t use the video service. So with that complicated triangulation it’s estimated that there are roughly 45MM Amazon Prime Video subscribers.
Below are my key takeaways from the CBS Q2 2016 Earnings Call on July 28:
Les Moonves, CEO, said ‘CBS continues to fire on all cylinders’.
Revenues for the quarter were $3,287MM, a 2% increase over the $3,219MM in Q2 2015. Unlike Cable Networks, Publishing and Local Broadcasting, who each saw a dip YoY, Entertainment revenues grew $162MM from last year’s time period to $1,947MM, which represents 59% of total revenue.
A $19MM drop in Affiliate and Subscription Fees YoY was more than made up for by the $128MM gain in Content Licensing and Distribution. This was mainly due to international deals for the Star Trek library. The CW and Netflix agreed to premiere the network’s shows 8 days after completion of each new season.
CBS claims to have had one of the strongest upfront in years. Late Night has become more lucrative now that they own both the 11:30 and 12:30 time slots. They will now own close to 80% of their schedule.