The AT&T entertainment content arm, which has made similar movies with its Korean movie VOD service DramaFever and SuperDeluxe, informed users who logged onto FilmStruck’s website that it was accepting no more subs as of today. It will go dark for good on November 29.
The shuffling of the streaming deck comes as WarnerMedia moves forward with ambitious plans for a new, direct-to-consumer streaming service launching by the end of 2019. That new platform will feature a range of programming from the media company’s broad collection of films, TV shows, animation and library. The as-yet-unnamed offering, announced two weeks ago, will have HBO as its foundation and will augment other streaming services like HBO Now. Other niche streaming services under WarnerMedia’s Warner Bros./Turner/CNN umbrella are getting hard looks.
Compared with other major media companies like Comcast or Disney, AT&T has a healthy number of streaming services, spanning sports, genre fare and skinny bundles. This fall, as it was opting to pull back on some fronts, the company launched DC Universe, a subscription offering for comic-book fans, which will have a pipeline of original video programming and comics. As Netflix and other streaming giants have lured viewers and talent away from the traditional Hollywood powers, media giants went through several stages in their response. Initially, they scoffed at the digital upstarts; then they decided to profit by selling them their content. Now, they are beginning to withdraw their content from other platforms and place big bets on their own ability to find a home-grown solution to the Netflix disruption.
Against that backdrop, the calculation was made that the formula for FilmStruck wasn’t additive on its own. The service, which launched in 2016 and cost $7 a month for the basic level and $11 including access to Criterion titles, did not rack up millions of subscribers, even after adding classics like Casablanca from the Warner archive in February. Presumably, many of the titles on FilmStruck will be considered for WarnerMedia’s 2019 streaming entrant.
“We’re incredibly proud of the creativity and innovations produced by the talented and dedicated teams who worked on FilmStruck over the past two years,” Turner said in a statement today. “While FilmStruck has a very loyal fanbase, it remains largely a niche service. We plan to take key learnings from FilmStruck to help shape future business decisions in the direct-to-consumer space and redirect this investment back into our collective portfolios.”
Criterion also posted a statement on its website, expressing disappointment and a candid uncertainty about where its cinephile wares would be streamed in the future.
“All this is very new, and we’ll be sure to keep you updated as we learn more details,” the statement said in part. “But rest assured that we are still committed to restoring and preserving the best of world cinema and bringing it to you in any medium we can. … Thanks to everyone who enjoyed FilmStruck, and we hope you’ll join us as we look forward to what the future brings.”