Nearly a year after ViacomCBS announced its rebrand to become Paramount, the company is now making a major change to its portfolio with today’s news that it will be fully integrating Showtime into Paramount+ — the streamer known in previous years as CBS All Access. The integration will include both streaming and linear platforms, the company noted, meaning Paramount+ will now be renamed “Paramount+ with Showtime,” while the Showtime linear TV network will also be renamed the same in the U.S.
This sort of consolidation was bound to happen, given today’s competitive streaming environment where even Netflix has seen tougher quarters and has had to embrace advertising in order to further grow its business. There are many options for consumers to choose from in the streaming market, and a stand-alone service like Showtime simply doesn’t have the breadth and depth of content required to stand on its own.
Showtime first launched its over-the-top streaming service in 2015, six years before CBS All Access was rebranded to Paramount+. However, Showtime is not as popular as its younger sister, Paramount+, which makes up the bulk of the company’s direct-to-consumer subscriber base. The streaming service reported 46 million subscribers in Q3 2022. Paramount itself has almost 67 million global subscribers across Paramount +, Pluto TV, Showtime, Noggin and BET+.
The integration isn’t just aimed at boosting Paramount+’s profile on the market; it will also help the linear Showtime network. Paramount said select Paramount+ original programs will soon join the TV network, which provides incremental value for Showtime’s distributors and potentially, more linear customers as well.
The changes will roll out later this year and will involve only the premium tiers at Paramount+, the company clarified. This will allow Paramount+ to better compete agains other premium streamers, like HBO Max, while also differentiating its streaming service by offering a combination of original and premium content, linear channels, live news and sports and Paramount Pictures movies.
Similar to HBO, Showtime’s content tends to have more mature themes, which appeals more to a certain demographic beyond the general market Paramount+ targets. However, both services would benefit from a combined user base and the ability to cross-promote titles.
“This new combined offering demonstrates how we can leverage our entire collection of content to drive deeper connections with consumers and greater value for our distribution partners,” wrote Paramount CEO Bob Bakish in a memo to employees, announcing the news. “This change will also drive stronger alignment across our domestic and international Paramount+ offerings, as international Paramount+ already includes Showtime content. And, very importantly, this integration will unlock operational efficiencies and financial benefits across our broader portfolio,” he said.
Alongside the news, Paramount announced that Chris McCarthy will continue to lead the Showtime studio and oversee network operations for the linear channel. He will also work closely with Tom Ryan, who will oversee the “Paramount+ with Showtime” streaming business.
The company warned that other changes to programming may come about with this transition. For example, in order to focus on building franchises out of Showtime’s hit shows, it will divert investment from underperforming areas that “account for less than 10% of our views.” That means, likely, some cancellations or removals are in order. Paramount says it has begun those discussions with its production partners but didn’t announce which shows are being cut or are being elevated by way of these changes.
The newly merged Paramount+ with Showtime service will be in direct competition with Warner Bros. Discovery, which has 94.9 million global subscribers across HBO, HBO Max and Discovery+. In September, during Goldman Sachs’ Communacopia + Technology Conference, Bakish confirmed that a merger had been discussed internally.
“It shouldn’t surprise you that [we’re looking] to have optionality in the future…Quite frankly, if we weren’t having that conversation, you should fire all of us because we should have that conversation,” Bakish had said.
In August 2022, Paramount+ launched an in-app Showtime bundle for U.S. customers that wanted to upgrade to a plan that included both Paramount+ and Showtime. Paramount had already integrated Showtime content with its streaming product in international markets, as a precursor to the company’s domestic integration plans.
Amid growing competition, Paramount+ and Showtime are combining in the US by Sarah Perez originally published on TechCrunch
Amid growing competition, Paramount+ and Showtime are combining in the US
Архив метки: TV
Netflix branches out into fitness content with upcoming launch of Nike Training Club classes
Netflix is officially branching out into fitness content, as the company announced today that it’s going to start streaming Nike Training Club classes next week. The streaming service will release a total of 30 hours of exercise sessions in two separate batches. The programs, which include workouts for all fitness levels, will be available in multiple languages on all Netflix plans.
The first batch of fitness classes will launch on December 30, with the second batch releasing in 2023. A total of 45 episodes will be part of the first batch, which will include the following classes: Kickstart Fitness with the Basics, Two Weeks to a Stronger Core, Fall in Love with Vinyasa Yoga, HIIT & Strength with Tara, and Feel-Good Fitness. Once the classes are released, Netflix users will be able to search “Nike” to access them.
For those unfamiliar with the Nike Training Club app, it offers a range of options for people of all fitness levels, including strength training, yoga and high-intensity workouts led by Nike’s certified trainers. Nike Training Club can in some ways be compared to Apple Fitness+ or Peloton.
“It’s not always easy to motivate yourself to exercise, but the option to feel the burn and then directly transition into one of your favorite shows does have a certain appeal,” the company wrote in a blog post. “And now, that’s exactly what you can do.”
This latest move from Netflix marks yet another way that the streaming service is branching out from its core business of TV shows and series. Over the past year, we saw the company delve into the world of gaming with the launch of Netflix Games. Now we’re seeing another departure from its core business as the streaming service begins testing the waters with fitness content.
The timing of the release likely isn’t a coincidence either, given that people around the world will soon make working out their New Year’s resolution. Considering that Netflix already has a significant user base, the streaming service may be able to entice people into trying out fitness content directly on the platform that they already regularly visit.
It’s worth noting that the launch won’t mark Netflix’s first foray into health-related content, as the streaming service launched mindfulness and meditation content from Headspace last year.
Depending on how successful the launch is, Netflix may decide to add even more fitness content to its platform to compete with the likes of Apple Fitness+ and Peloton. Beyond that, the company may even decide to produce its own fitness content if it can get enough people to see it as a viable option when it comes to fitness.
Netflix branches out into fitness content with upcoming launch of Nike Training Club classes by Aisha Malik originally published on TechCrunch
Netflix branches out into fitness content with upcoming launch of Nike Training Club classes
HBO/HBO Max and Netflix are top streamers among Golden Globe nominees
Nominations for the 2023 Golden Globe Awards were announced this morning, with HBO, HBO Max and Netflix tied for the lead in the TV category, getting 14 noms each. Major contenders include HBO’s “The White Lotus,” “House of the Dragon” and “Hacks,” as well as Netflix’s “Wednesday,” “Ozark” and “The Crown.”
While the two streaming giants are neck and neck overall, HBO Max had one more TV show on the list. Seven HBO series had a total of 14 nominations, whereas just six Netflix shows made the cut.
HBO/HBO Max shows include “The White Lotus” with four noms, “Hacks” with three, “House of the Dragon” with two, as well as “Euphoria,” “The Staircase” and “The Flight Attendant” with one nomination each. “Barry” also made the nominee list with two.
Netflix, on the other hand, received four Golden Globe nominations each for “The Crown” and “Dahmer – Monster: The Jeffrey Dahmer Story,” three for “Ozark,” two for its latest hit “Wednesday” as well as “Better Call Saul.” Plus, “Inventing Anna” actress Julia Garner was nominated for best performance by an actress in a limited series.
On the film side, Netflix had nine nominations, including movies “Blonde,” “Glass Onion: A Knives Out Mystery,” Guillermo del Toro’s “Pinocchio,” “Where the Crawdads Sing,” “The Good Nurse,” “White Noise” and German film “All Quiet on the Western Front.” HBO Max’s parent-company Warner Bros. nabbed three Golden Globe noms for its biographical film “Elvis.”
Last year, Netflix had the most Golden Globes nominations out of any streamer, with 17 total. The company received its first-ever Best Motion Picture (Drama) Golden Globe for “The Power of the Dog.”
HBO and HBO Max earned 10 nominations in the TV category of the 2022 Golden Globes. Earlier this year, the company earned the most Emmy wins overall for shows like “Succession,” “Euphoria” and “Hacks.”
Netflix gets its first Golden Globe for best motion picture (drama) in a bizarre, live-tweeted event
Hulu’s TV shows performed well this year, with 10 Golden Globe nominations. Hulu series that were nominated include “Pam & Tommy,” “The Bear,” “The Dropout,” “The Patient” and “Only Murders in the Building.”
Selena Gomez, who stars in the hit Hulu series “Only Murders in the Building,” picked up her first-ever Golden Globe nomination for acting. Her co-stars, Steve Martin and Martin Short, are also nominated for best performance. In total, “Only Murders in the Building” has four noms.
Earlier this year, Hulu broke its own record by getting 58 Emmy nominations, which was mainly thanks to its series “Only Murder in the Building” and “Dopesick.
The FX series “Abbott Elementary” was by far the most nominated TV show, with five noms in total. The workplace comedy has its streaming rights shared between HBO Max and Hulu.
Apple TV+ pulled six TV noms, including Best Drama Series for “Severance” and Best Limited Series for “Black Bird.” The two shows got three nominations, respectively.
Disney had 3 films nominated, including “Black Panther: Wakanda Forever,” “Avatar: The Way of Water” and “Turning Red.” The Disney+ show “Andor” was nominated for Best TV Actor with Diego Luna, who plays the lead role as Cassian Andor. The company had six total nominations across four titles.
Both Paramount Pictures and Universal Pictures pulled seven films on the Golden Globes nominees list, which will all likely premiere on their respective streaming services, Paramount+ and Peacock. Paramount’s “Top Gun: Maverick” was nominated for Best Picture (Drama) and Best Song and is set to make its streaming debut on Paramount+ on December 22.
“Yellowstone,” a Paramount Network series that streams on Peacock, was nominated for Best TV Actor (Kevin Costner, who plays John Dutton).
Dark comedy “The Banshees of Inisherin” was the most nominated film for this year’s Golden Globes, with eight nominations. It will stream on HBO Max starting tomorrow, December 13. Other major films in contention for awards are “Everything Everywhere All at Once,” “The Fabelmans,” “Tár,” “Babylon” and “Triangle of Sadness.”
NBC and Peacock will stream the 80th Annual Golden Globe Awards on January 10, 2023. This year marks the ceremony’s return to television after it was criticized for lacking diversity. The Hollywood Foreign Press Association (HFPA) noted in today’s announcement that this year is the first time there were 103 international voters, making the total Golden Globe Awards voting body “51.8% racially and ethnically diverse,” HFPA wrote.
HBO and HBO Max nabbed the most wins at this year’s Emmy Awards
HBO/HBO Max and Netflix are top streamers among Golden Globe nominees by Lauren Forristal originally published on TechCrunch
HBO/HBO Max and Netflix are top streamers among Golden Globe nominees
Disney+ ad-supported plan is currently unavailable on Roku devices
On Thursday, Disney+ launched its first-ever ad-supported plan, “Disney+ Basic,” in the U.S. at $7.99 per month, which is the same price as the previous ad-free plan before Disney raised the price to $10.99/month. However, Roku users wanting to switch to the new plan are out of luck — at least for now.
According to Disney Plus’s support website, the ad-supported tier is “not currently available on Roku devices.” It’s also not available on the Microsoft Windows desktop app, the site informs. So, at the moment, U.S. subscribers with Disney+ Basic or Disney Bundles like Disney Bundle Duo Basic (Disney+ Basic and Hulu’s ad plan) or Trio Basic (Disney+ Basic, Hulu’s ad plan and ESPN+) are unable to stream on Roku or Windows.
Disney told TechCrunch that it is still in talks with Roku about reaching an agreement that suits both parties. It’s our guess that the dispute is over an ad-share agreement as, by default, channels must enter an ad revenue split with Roku. Disney, however, declined to provide specifics. Roku also declined to comment on the negotiations.
Roku has cemented itself as the top smart TV platform in the United States. So, it’s a major disadvantage for Disney+ not to have its new ad-supported tier available on Roku devices at launch.
Netflix ran into a similar problem when it launched its ad-supported plan a month ago.
At the time, Netflix told TechCrunch that, at launch, support for its “Basic with Ads” plan wasn’t available on tvOS devices but would be coming soon. According to Netflix’s support website, it’s still unavailable on Apple TV as well as PlayStation 3 consoles.
Disney+ launches its ad-supported tier to compete with Netflix
Disney+ ad-supported plan is currently unavailable on Roku devices by Lauren Forristal originally published on TechCrunch
Disney+ ad-supported plan is currently unavailable on Roku devices
Mark Cuban-backed streaming app Fireside acquires Stremium to bring live, interactive shows to your TV
Mark Cuban-backed streaming app Fireside, which today offers podcasters and other creators a way to host interactive, live shows with audience engagement, will soon expand to the TV’s big screen. Variety reported, and Fireside confirmed, it’s acquired the open streaming TV platform Stremium, which will allow Fireside’s shows to become available to a range of connected TV devices, including Amazon Fire TV, Roku, smart TVs and others.
Deal terms were not disclosed. Cuban retweeted Variety’s reporting but made no other public comment.
A company spokesperson confirmed the deal to TechCrunch, noting it was for a combination of IP and talent.
“Fireside has acquired all of Stremium including its full team and intellectual property,” the spokesperson said. “The company is the first interactive web3 streaming platform and the acquisition will help Fireside accelerate delivering on being the only platform that turns creators, celebrities, brands, and IP owners into the studio, networks, and streaming services of the future. Expect other major announcements coming soon on this front,” they added.
Launched just over a year ago, Fireside arrived on the heels of the pandemic-fueled demand for startups offering live entertainment as well as a growing number of startups catering to the creator economy.
Despite some early — and erroneous — comparisons between Fireside and other live audio platforms like Twitter Spaces or Clubhouse, the startup gained traction due to a differentiated feature set that also prioritizes video content. Shows on Fireside’s platform could be streamed live to its app, recorded, saved, or even simulcast to other social networks. The app additionally includes audience engagement tools and other features to aid creators with promotion, editing, measurement, distribution, monetization, and audience growth, all of which are part of Fireside’s end-to-end content production experience. More recently, the company had been exploring web3 technologies, including NFTs.
Co-founded by Cuban, early Yammer employee Mike Ihbe, and former Googler, YouTuber and Node co-founder Falon Fatemi, who sold her last company to SugarCRM, Fireside has managed to attract some high-profile creators like Jay Leno, Michael Dell, Melissa Rivers, Craig Kilborn, and screenwriter and Entourage creator Doug Ellin over the past year.
In a letter to Fireside investors published by Variety, Fatemi shared that the Stremium acquisition would help Fireside to offer a “second screen experience where the audience can use their phones to engage and interact in real-time while watching on their TVs.”
“Imagine watching a live cookalong show with your favorite chef simultaneously on your TV and your phone where you can interact and get invited to talk directly to them and even show them what you are cooking from the palm of your hand,” Fatemi explained. Plus, Stremium’s infrastructure would allow creators to upload, publish, program and distribute their live shows across both mobile and TV, she added. (Stremium confirmed to us the letter’s accuracy.)
TechCrunch this February reported Fireside was in talks to raise a $25 million Series A that valued its business at $125 million. That round has since closed, but Fireside hasn’t yet made a formal announcement about raise, investors, or its valuation. We understand this may be because Fireside is still adding some additional strategic investors to the deal, and it plans to detail the fundraise soon. Of course, the funding may have helped pave the way for Fireside to make this new acquisition.
Other investors in Fireside include the Chainsmokers, HBSE, Goodwater, Animal Capital, and NFL stars Larry Fitzgerald and Kelvin Beachum and former NBA star Baron Davis, in addition to Cuban. Ahead of its Series A, Fireside had raised around $8 million.
Stremium had been developing a service that allowed consumers to aggregate all their favorite channels using their “TV Everywhere” credentials and use a cloud DVR instead of downloading separate streaming apps. It also included a selection of free streaming channels. But the service faced an increasingly competitive landscape where there are now numerous ways to watch free streaming content, like Tubi, Pluto TV, The Roku Chanel, Freevee (formerly IMDb TV), Plex, and more. Meanwhile, cord-cutting is accelerating leaving fewer people with cable TV logins for Stremium to market its services to.
The Stremium website is now pointing visitors to Fireside and confirms the acquisition. Fireside is aiming to release its TV product sometime next year as a result of the deal.
Mark Cuban-backed streaming app Fireside acquires Stremium to bring live, interactive shows to your TV by Sarah Perez originally published on TechCrunch
Mark Cuban-backed streaming app Fireside acquires Stremium to bring live, interactive shows to your TV