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Todd Spangler / Variety:
Netflix beats in Q4 with 8.3M new worldwide subs, vs 5M est., and almost 2M in US, vs 1.28M est.; revenue of $3.29B meets expectations; stock up 10%+   —  Netflix reeled in 8.3 million new streaming subscribers — including almost 2 million in the U.S. — handily beating Wall Street estimates for the fourth quarter of 2017.
Jan 22, 2018, 4:18 PMIn context
Janko Roettgers / Variety:
BAMTech Media hires former Apple and Samsung executive Kevin Swint to build and run Disney's upcoming Netflix competitor   —  Disney's BAMTech Media has hired former Apple and Samsung executive Kevin Swint as SVP and GM, Disney SVOD Service, to build, and ultimately run, the company's upcoming Netflix competitor, Variety has learned.
Jan 19, 2018, 7:50 PMIn context
Todd Spangler / Variety:
YouTube: creators will need 4K hours of watch time in past year and 1K subs to monetize videos under Partner Program; humans will review Google Preferred videos   —  YouTube is making its creator revenue-sharing program more restrictive and will start manually reviewing all videos …
Jan 16, 2018, 6:35 PMIn context
Todd Spangler / Variety:
TiVo's Rovi subsidiary files lawsuit alleging Comcast's X1 platform infringes eight patents; Comcast says its own engineers created the X1 products and services   —  TiVo has launched a new legal attack on Comcast aimed a pushing the cable giant to reach a settlement to license TiVo-owned patents.
Jan 15, 2018, 3:00 PMIn context
Janko Roettgers / Variety:
Profile of Roku and its founder Anthony Wood, looking at the company's early days, how Roku plans to compete with its rivals, and more   —  Roku founder and CEO Anthony Wood doesn't fit the image of your typical tech mogul.  In person, he comes across as quiet and introverted.
Jan 12, 2018, 11:10 AMIn context
Gene Maddaus / Variety:
Netflix, Amazon, and major studios sue Dragon Box, alleging it facilitates piracy with its $350 streaming box that offers easy access to illegal movies and TV   —  Netflix and Amazon joined with the major studios on Wednesday in a lawsuit against Dragon Box, as the studios continue their crackdown on streaming devices.
Jan 10, 2018, 7:25 PMIn context
Paula Parisi / Variety:
Jimmy Iovine casts doubt on earlier report that he planned to leave in August: “I am committed to doing whatever Eddy (Cue), Tim (Cook) and Apple need me to do”   —  Music mogul Jimmy Iovine shot down rumors that he plans to exit Apple in August telling Variety that he's committed …
Jan 10, 2018, 11:35 AMIn context
Janko Rottgers / Variety:
HTC unveils Vive Pro VR headset with 2880x1600 resolution, a 78% increase over current Vive, and wireless adapter, so customers can lose the wired PC connection   —  HTC used its virtual reality (VR) keynote at CES in Las Vegas Monday to unveil an updated version of its Vive virtual reality headset …
Jan 8, 2018, 4:26 PMIn context
Variety:
Facebook has signed a multi-year, multi-territory licensing deal with Sony/ATV Music Publishing, allowing users to upload and share media from the catalog   —  Sony/ATV Music Publishing and Facebook on Monday announced the signing of a licensing agreement.  —  The multi-territory …
Jan 8, 2018, 12:45 PMIn context
Andrew Wallenstein / Variety:
Google and Facebook's dominance in digital ads and Netflix and Amazon's massive programming budgets are forcing big media mergers and streaming ventures   —  There's no debating the #MeToo movement was the biggest story in the entertainment industry in 2017.
Jan 2, 2018, 2:40 PMIn context

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