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Media and Tech Trend Tracker
A guided tour of the ever-evolving media and tech landscapes amid a deteriorating economic backdrop. Variety Intelligence Platform will provide a data-fueled exploration of the key issues facing every facet of business from Big Tech and paid streaming to cord-cutting and generative AI.
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Variety Intelligence Platform is a subscription-based service that goes beyond the headlines to explore trends, issues and data relevant to media business professionals in the age of disruption. DEG Members are invited to access the VIP+ special report library, daily commentary, video and more at 20% off.
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The New Sell-Through Experience
Web3 media distribution using blockchain is creating a new model for monetization, ownership and engagement with feature films. This new distribution opportunity, demonstrated by Eluvio and Warner Bros. Home Entertainment’s recent release of The Lord of the Rings: The Fellowship of the Ring (Extended Edition) Web3 Movie Experience, enables content owners to build direct consumer relationships, maintain brand control and take advantage of infinite and evolving monetization occasions.
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ICYMI
Most Read Stories in the DEN
This Week
1. How Paramount+ Became a Top Contender in the Streaming Wars Read more on Fast Company
2. A Studio Chief, an Agent and a Producer Debate the Future of Movies Read more on Bloomberg ($)
3. Industry Heavyweights Mull Future of Web3: ‘This Is Not a Fad, it’s a Technology’ – FilMart Read more on Variety
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Week's Notable Quote
“In streaming, it’s yet to be seen if a movie can be eventized like theatrical.”
-CAA partner Maha Dakhil, on the pros and cons of debuting a feature film on streaming.
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Studio Unit Profit Report: Paramount Jets Ahead In Year-to-Year Gains
The Hollywood Reporter
In some cases, a particularly profitable 2021 also made for particularly difficult earnings comparisons last year. Blockbusters helped the likes of Paramount Pictures, Warner Bros. and Universal to grow their profits though, as The Hollywood Reporter‘s annual analysis shows. Fueled by Top Gun: Maverick, Paramount saw the biggest year-to-year percentage change in profit. Read more
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Verizon's Big Netflix Play Points to Future of Streaming
Variety VIP+ ($)
The streamer had resisted all other attempts to package and sell it alongside its rivals, remaining conspicuously absent from major streaming aggregators like Amazon’s Prime Video Channels, Apple TV Channels and Alphabet’s YouTube TV and Primetime Channels. Read more
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Netflix Has Invented an AI Quibi
Lowpass
Turnstyle clearly wasn’t enough to save Quibi, but the company was trying to address a real problem: Audiences have gotten used to vertical video on their phones, and Hollywood’s 16:9 content isn’t rendering particularly well on these devices. Netflix has been exploring the use of AI to solve this issue. Read more
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The Launch of Ad-Supported Disney+ and The Rise of AVOD
Antenna
When we look at total penetration of Ad-supported plans across the Premium SVOD services that offer them, two insights emerge. First, consumers are clearly demonstrating that they are willing to choose advertising in exchange for a lower price. In Peacock’s case, three out of four Subscribers have the ad-supported plan. Read more
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A Special EnTech Fest Invitation from Canon Club Vice Chair Meri Hassouni of Giant Interactive |
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Will Comcast Sell Off Parts of Sky?
While Comcast’s management has touted deeper integration and increased cooperation across Comcast Cable, NBCU and Sky and the successful sharing of expertise, executives and technology between them, for example in the streaming space, chatter about the sale of one or the other part of Sky has kept creeping up. The Hollywood Reporter
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AI-“Assisted” Works Are Now Open to Copyright Protection, Raising Questions for Hollywood
In a statement of policy issued Thursday, the office says it’s “well-established” that copyrights can only be issued to works that are the “product of human creativity” and that authors “exclude non-humans.” Still, an application containing AI-generated material can support a copyright claim if a human “selected or arranged” it in a “sufficiently creative way that the resulting work constitutes an original work of authorship.” The Hollywood Reporter
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Paramount+ Launches Its First Ever Mobile-Only Plan
Marco Nobili, Executive Vice President and International General Manager for Paramount+, said the mobile plan is “part of our broader strategy to scale Paramount+.” “With mobile entertainment consumption increasing around the world, a mobile-only option will make our slate of programming more accessible to our audiences in mobile-first countries,” he added. Deadline
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YouTube TV Ups Its Monthly Price 12% to $73
Google has informed its YouTube TV customers that the monthly price of the virtual pay TV service is going up by $8, or 12%, to $72.99, effective immediately for new subscribers and on April 18 for existing ones. Next TV
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More...
$ = Paid subscription; a limited number of articles, or part of article, may be available for free.
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GfK Entertainment
No. 1 - A Man Called Otto (Sony)
No. 2 - Knock at the Cabin (Universal)
No. 3 - Magic Mike's Last Dance (Warner Bros.)
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Circana
No. 1 - Puss in Boots: The Last Wish (Universal)
No. 2 - Black Panther: Wakanda Forever (Disney)
No. 3 - Devotion (Paramount)
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Redbox/Media Play News
No. 1 - Puss in Boots: The Last Wish (Universal)
No. 2 - Devotion (Paramount)
No. 3 - The Ritual Killer
(Screen Media)
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San Francisco
March 29
Los Angeles
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May 22 - May 24
Hollywood
June 12 - June 14
Denver
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