Bob Iger clarified his initial comments on sale of Disney’s linear TV networks, saying it was a trial balloon to test Wall Street reaction. Efficiency has improved and it is seeking partnerships with streaming services.
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Executives believe content hubs are the way forward, citing customer acquisition and decreased churn. Partners include satellite/cable providers, broadband companies and cell phone companies. Challenges include managing multiple vendors and technical integration issues.
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The Australian entertainment industry calls for the streaming service regulations to abide by the National Cultural Policy with 20% revenue investment within 3 years, transparent and incorruptible models, and investments in diverse First Nations storytellers. Minimum terms of trade should be adhered to with a three-year acquisition limit to encourage new content production.
Read MoreSEN is selling its NZ digital and audio assets to TAB NZ for $3.7m to pay off its $28m debt and keep its sports holdings. CEO Craig Hutchison needs to reduce debt before August 2021 and a previous financial filing caused concern. SEN produces sports programmes, owns Rainmaker, Bravo and talent like Scott Cam.
Read MoreParamount Global’s stock rose 6% Monday amid speculation of more M&A. The company is offering severance if executives are terminated after a change in control and recently sold MMA promoter Bellator to Professional Fighters League, reportedly with a minority ownership stake. Terms of the sale remain undisclosed as Wall Street is skeptical of Shari Redstone’s plans.
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Warner Bros. Discovery (WBD) will close streaming services GCN+, GCN App and GCN’s streaming hub. Customers in Europe will access live events on Discovery+, Eurosport or Eurosport Extra. Refunds will be available from December 19, but content will still be available through the website and YouTube channel.
Read MoreLiberty Global is making strategic investments in edge computing and planning up to $1 billion of disposals in 2020, while simplifying their equity story and taking the company private. VMO2 is increasing prices and Sunrise/UPC are merging in Switzerland. DOCSIS 4.0 upgrades may be implemented in the Netherlands. Liberty will look at how to value its operating companies and allocate capital effectively.
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Peacock and Paramount+ are streaming services with live sports, library content and focus on profitability. They offer subscription options, such as $20 savings for Paramount+ and exclusive library from NBCUniversal for Peacock. These services could be acquisition targets for Disney+ or Netflix, but live sports is a great complement to their less flashy original series.
Read MoreAdvanced Television Ltd provides streaming services, offering latest TV, films, documentaries and exclusive content. Established in 2001, they are one of the top UK suppliers. Customers can enjoy packages with monthly subscriptions.
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United Group acquires Bulgarian satellite pay TV provider Bulsatcom to widen services in Bulgaria such as broadband, DTH and 5G technologies. Investment also being made in infrastructure and technology. Customers will benefit with access to high quality services. Approvals are pending.
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Disney is pursuing a strategy to combine Disney+, Hulu and ESPN+ into one bundle, pushing customers towards an ad-supported tier. This Pay TV model could be emulated by other streamers according to analyst firm Ampere Analysis’ Executive Director Guy Bisson.
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