Netflix Loses About $7 Billion In Value After Missing Subscriber Targets
Netflix stock plummeted by about $115 per share after reporting third-quarter results that missed expectations. It also followed an announcement earlier in the day that HBO Go will be available to people without a pay-TV subscription starting next year.
HBO Could Earn More Than $100 Million From Subscribers Who Currently Pay It Nothing
As many as 10% of HBO's 30 million subscribers are "non-revenue generating." A new report from Barclays Capital says converting half of those subscribers to paying ones would generate between $72 million and $144 million in cash.
Why Fox Wants Harry Potter And Not Anderson Cooper
Uniting the Warner Bros and 20th Century Fox production studios would give Rupert Murdoch control over the two largest film and television catalogs ever assembled, creating a highly lucrative annuity and allowing for unprecedented sway over how content is made and sold across distribution platforms.
This Video Perfectly Illustrates How Little The TV Industry Cares About Its Viewers
TV Everywhere? More like Advertising Everywhere. "It's almost like the networks are trying to drive you to platforms like Netflix or Amazon Prime," said BTIG analyst Rich Greenfield, who posted the video as part of a research report on TV Everywhere.
Why Every TV Network Owner Is Smiling Today
Time Warner Cable's loss of 306,000 video subscribers as a result of its blacking out CBS for the better part of August proves that the fight against programming-fee increases is futile. The situation is best summed up with a line from Goodfellas: Fuck you, pay me.