AT&T-owned WarnerMedia announced it will offer three versions of its new streaming service that will launch in the US in late 2019.
WarnerMedia’s plans to close art house and classic film SVOD service FilmStruck have been reversed after directors, led by the likes of Steven Spielberg, Martin Scorsese and Edgar Wright, lobbied the company to keep it going.
SVOD revenue across 138 countries will reach $35.04 billion in 2018, $10 billion more than the 2017 total and more than triple the 2015 total, according to Digital TV Research.
Walt Disney CEO Bob Iger revealed that the company’s new streaming service will be called Disney+ and will target the “super-fans” of its five key franchises.
Netflix will exceed 10 million subscribers in the UK this year, according to research and strategy consultancy MTM’s latest edition of its syndicated market tracker ScreenThink.