Philip Knatchbull, the CEO of UK arthouse cinema chain Curzon, has said that it is time for movie theatres to embrace streaming services. Speaking to the FT, Knatchbull said that cinemas will not survive unless they move away from the industry’s “outdated” model and re-evaluate the nature of long theatrical windows. He said: “[the pandemic] […]
NBCUniversal, which last week cancelled its live upfront event in May, will offer its current cinematic releases available to home audiences via 48-hour rentals during the coronavirus pandemic. Governments all over the world have either enforced or encouraged the halting of mass gatherings as the spreading pandemic gathers pace. In the US, cinemas in states […]
Subscription over-the-top video revenues will overtake box office revenues globally in 2019 as SVOD continues to grow in all regions, according to Ampere Analysis. The research firm predicts that global OTT revenues will reach US$46 billion next year while cinema revenues will come in at just under US$40 billion, noting a theatrical slowdown in North […]
Global box office revenues will fall by US$7 billion over the next five years thanks to the rise of subscription video on demand, according to Rethink TV. The video research arm of Rethink Technology Research estimated that for every US$15 billion spent on pure SVOD and AVOD content, there will be a corresponding fall of […]
Content recognition app Shazam has rolled out a “streamlined second screen experience for TV in the US” with a new update to its iOS mobile app. From today, Shazam said that users will see a new look for the app that will make it easier for TV viewers to access content around dramas, comedies and […]
