Lionsgate Extends Agreement With Redbox To Offer Releases At Its Kiosks
Movie fans who like to rent discs from Redbox’s $1.50-a-night kiosks will be able to continue watching Lionsgate releases as soon as they’re available to home video as a result of a deal the companies announced this morning.
The new arrangement extends the multiyear one the companies made in late 2014.
"Redbox is a longstanding and valued partner," Lionsgate Home Entertainment President Ron Schwartz says. "We are pleased to extend our relationship with them and remain… Read
Fox Picks Up U.S. Home Video Distribution Rights For Annapurna Releases
Twentieth Century Fox Film has snagged U.S. home video distribution rights for films from Annapurna, starting with Detroit, the Kathryn Bigelow-directed crime thriller that hits theaters next month.
The multiyear agreement Fox the right to distribute the films on physical, Digital HD and TVOD platforms.
Detroit is the first film Annapurna is distributing itself. Others teed up include Angela Robinson's Professor Marston And the Wonder Women, and a still-untitled period… Read
Netflix Goes All Thumbs: No More Star Ratings
The sun has set on those Netflix stars. The previously announced thumbs up-thumbs down replacement rating system begins rolling out today, ditching the stars that have been with the company since the DVD era. But the change might not be as drastic as many users of the streaming site might think.
Contrary to what many Netflix customers might always have thought, the number of stars next to a Netflix title was not a reflection of the title’s popularity or likability, nor… Read
‘Rogue One’ Flies Into Homes Via Digital HD On March 24; Blu-ray Date Is April 4
Disney’s Rogue One: A Star Wars Story, the first spinoff feature in the Lucasfilm canon, will be available via Digital HD as early March 24 and on Blu-ray on April 4. To date, the movie has amassed $1.05 billion at the worldwide box office.
April is a big month for Lucasfilm: The annual Star Wars Celebration is set for April 13-16 in Orlando, where it’s rumored that a Star Wars: The Last Jedi trailer will drop, as well as other details about Episode VIII. Check out the… Read
Home Entertainment Spending Grew Slightly, Or Fell A Lot, In 2016: DEG
Consumer spending for home entertainment either improved slightly in 2016, or fell at an accelerating rate, depending on how you want to tally the year-end data out today from the Digital Entertainment Group.
The industry organization includes streaming services such as Netflix, but historically hasn’t included some of its closest competitors such as premium cable channels HBO and Showtime. Subscription streaming spending was up 22.6% in 2016 to $6.23 billion.
With that… Read
Comcast Offers “Extras” With Universal, Paramount, Lionsgate & Sony Films
Those watching movies at home who also want to play games, explore maps or look at the sets among other things will have a chance to do so as the result of an agreement between Comcast and its Universal Pictures along with Paramount, Lionsgate and Sony Pictures.
The studios have agreed to offer “enhanced extras” — many of them interactive — in some digital download movies that Comcast subscribers buy and watch via its X1 platform. They’ll be available in a sidebar while… Read
Fox Promotes Mike Dunn To Oversee Studio’s Product Strategies And Ventures
20th Century Fox just created a big job for Mike Dunn: He was promoted to President of Product Strategy and Consumer Business Development for the entire studio, up from his previous role as president of Twentieth Century Fox Home Entertainment Worldwide and a Director of the Fox Innovation Lab.
The change puts Dunn in charge of initiatives for emerging media platforms, distribution models, partnerships with leading consumer electronics and technology companies, and… Read
Film Arcade Inks Domestic Distribution Deal With Universal Home Entertainment
EXCLUSIVE: The Film Arcade and Universal Pictures Home Entertainment have sealed a multi-year distribution deal that will see UPHE handling all U.S. and Canada marketing, sales and distribution services for Blu-ray, DVD, Electronic Sell-through, Video-on-Demand and Television for Film Arcade films.
The partnership will begin with Film Arcade’s dramedy Don’t Think Twice, directed by Mike Birbiglia and starring Keegan-Michael Key, Gillian Jacobs and Birbiglia. The indie had… Read
Home Entertainment Spending Fell 12% In Q3 (Or Did It Grow 4%?)
Home entertainment spending in Q3 was either up 3.8% or down 12.1% — depending on how you want to interpret the numbers out today from the Digital Entertainment Group.
The trade group likes the upbeat number, which tallies consumer rental and purchase spending at $4.17 billion, up from $4.02 billion in the period last year.
But that includes subscription streaming, primarily from Netflix, which was added to DEG’s calculations in 2011. That category was up 23.9% from last… Read
Redbox Gets New CEO As Investment Group Completes Outerwall Acquisition
DVD rental kiosk company Redbox takes a different spin today as a group of funds from Apollo Global Management closed a $895 million deal (not including debt) to buy the DVD kiosk company’s parent, Outerwall.
Apollo divided operations into three separate businesses with Galen Smith, who had been Outerwall’s CFO, becoming Redbox’s CEO. Outerwall CEO Erik Prusch left the company.
Smith vows to “continue to provide new movie and video game releases to millions of loyal… Read
Home Entertainment Spending Grew 6.1% In Q2, If You Include Netflix
Home entertainment spending either increased by 6.1% in Q2, or fell 0.3%, based on data out today from The Digital Entertainment Group (DEG).
The trade group says that consumers spent $4.33 billion in the quarter, up from $4.08 billion in the same period last year.
But DEG includes consumer payments for subscription streaming services led by Netflix — a category that grew 20.6% vs. 2015’s Q2 to $1.5 billion.
Some analysts say that these services, which account for 35% of… Read
Redbox Owner To Be Bought By Private Equity Group For $1.6B
Apollo Global Management could become the nation’s leading operator of DVD rental kiosks as the result of a $1.6 billion (including debt) agreement announced this morning to buy Outerwall, which owns the struggling Redbox business.
The private equity firm has agreed to pay $52 for each Outerwall share, a 6.6% premium over its closing price on Friday — but 51% more than the trading price on March 14 when Outerwall said that it was considering a sale. The companies expect… Read