Sinclair Broadcast Group will acquire 21 regional sports networks (RSNs) and Fox Collge Sports in $10.6 billion deal from Disney.
Subscription Video on Demand (SVOD) continues to resonate with consumers across the globe, becoming an integral part of the video viewing lifestyle.
The number of SVOD subscriptions [for movies, linear channels and TV episodes – excluding other platforms such as sports services] in North America will climb by 110 million from 160 million in 2018 to 270 million in 2024.
On Thursday, April 11, Disney outlined its plans for its Disney+ SVOD platform. Launching in November, the company expects to reach 60-90 million Disney+ subscribers by 2024, with the US contributing a third.
Disney+ will launch in the US on November 12, and will cost $6.99 per month (or $69.99 a year), the company announced during Disney’s 2019 Investor Day in Burbank, Calif.
Half of US adults will consider Disney’s pending subscriptionvideo service, a fourth moderately-to-highly likely to sign up.
A number of American media and technology companies, in collaboration with US smart TV company Vizio, have formed a consortium dedicated to the development and deployment of a new, open standard for addressable advertising on connected TVs.
Disney may test its planned streaming OTT service Disney+ in the Netherlands, according to a report in The Information.
Sky wants to become less dependent on cable and satellite distribution and is now making its entire pay-TV offer available in Austria through the new streaming service Sky X.
Disney expects to lose $150 million from terminating licensing deals with Netflix this year.