Showing 2 results for:

online streaming

by Topic

All results

DOJ Warns Academy About Potential Rules Excluding Streaming From Oscars

It’s no secret that streaming services like Netflix and Amazon have transformed the film industry. These services have become such huge competitors that the Academy allegedly considered changing the Oscars requirements to make it harder for streaming service originals to qualify. Now, the Department of Justice is stepping in to warn the Academy that altering the rules could raise antitrust concerns, according to Variety. “In the event that the Academy — an association that includes multiple competitors in its membership — establishes certain eligibility requirements for the Oscars that eliminate competition without procompetitive justification, such conduct may raise antitrust concerns,” Chief of the DOJ’s Antitrust Division Makan Delrahim said in a letter to the Academy. The DOJ cited rules against competitors making anticompetitive agreements and said that excluding streaming services from the Academy could negatively impact their sales. Director Steven Spielberg was among those...

Arriana McLymore

Apr 4, 2019

Report: Video Streaming Services Hit An All Time High In 2018, Beating Cable For The First Time

The Motion Picture Association of America (MPAA) just announced its annual theme report detailing how streaming services are shifting trends in the film industry. Video streaming surpassed cable subscriptions for the first time in 2018. Subscriptions to streaming services reached 613 million, a 27 percent increase from the previous year. Services like Netflix and Amazon made their mark at this year’s Oscars with nominations and wins. Netflix Original “Roma” walked away with three wins including best director, best cinematography and best foreign language film. The company also won an Oscar for its documentary “Period. End of Sentence.” With four Oscars in 2019, Netflix tied with Fox, Disney and Universal for the most studio wins. Netflix is also getting more strategic with its content. In February, the service released “Black Mirror: Bandersnatch” an interactive film that allowed viewers to make choices for the main character. According to a GDPR request , the company recorded the...

Arriana McLymore

Mar 22, 2019