On-demand streaming site ended 2013 with net profits of $112m despite rise in cost of international rights and commissioningNetflix is committed to spending almost $3bn on TV and film content in 2014 and more than $6bn over the next three years, as the cost of securing international rights and commissioning new shows continues to mount on the streaming giant's balance sheet.The US company also announced this week that it is to raise $400m to help fund this investment in original programming and a major European expansion later this year.Its annual report, published this week, shows that at the end of 2013, Netflix had run up $7.3bn in "streaming content obligations", which are incurred when the company signs a licence agreement for programming, up 30% from the $5.6bn owed at the end of 2012.The company said it has to pay $2.97bn of that by the end of 2014, with a total of $6.2bn due within three years.Netflix made $4.3bn in total revenues last year, a healthy 19% year-on-year rise, growth which has made it a darling of US stock market investors, with its share price surging from $92 to $367 across 2013.However, total "cost of revenues", of which licensing costs are the major factor, also rose 17% from $2.6bn to $3.1bn.With another $500m ploughed into marketing, $378m into technology development and $180m in "general and administrative expenses", the US company ended the year with net profits of $112m.The US movie and TV streaming giant, which is expected to expand into... Continue reading at 'The Guardian'
[ The Guardian | 2014-02-05 00:00:00 UTC ]
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The content analytics company Parse.ly has long captivated publishers with its intuitive dashboard to track how articles perform. In October, the 10-year-old company added functionality that tracks conversions. Parse.ly clients can now analyze the type of content people read before they... Continue reading at Folio Magazine
[ Folio Magazine | 2019-11-11 21:36:26 UTC ]
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The Washington Post has revealed the anonymous author behind forthcoming tell-all A Warning has claimed the US president is so unfit for office that a number of fellow administration officials contemplated resigning together in "a midnight self-massacre" but ultimately decided against it. Continue reading at The Bookseller
[ The Bookseller | 2019-11-08 09:05:26 UTC ]
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This past summer, I stumbled across a link on social media to Chris Marker’s 1962 science fiction film La Jetée. For those who don’t know it, Marker’s miniature masterpiece—its running time is 28 minutes—mixes black-and-white stills with narration to tell the story of a man who circles back in... Continue reading at Literrary Hub
[ Literrary Hub | 2019-11-07 09:49:34 UTC ]
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Netflix is turning eight Dolly Parton songs into an anthology series, Dolly Parton's Heartstrings. The first trailer arrived today, and it gives us a glimpse of the dramas based on iconic songs like "Two Doors Down," "JJ Sneed" -- and of course, "Jol... Continue reading at Engadget
[ Engadget | 2019-11-06 03:18:00 UTC ]
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As connected TV usage continues to skyrocket, linear and digital viewing is blurring like never before. New streaming services are rapidly accelerating the evolution of the TV industry. At the Convergent TV summit, Adweek editors spoke with the innovators and leaders at the forefront of this... Continue reading at AdWeek
[ AdWeek | 2019-11-05 23:00:52 UTC ]
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I have no idea how one goes about adapting a poetry collection into a TV series, but it looks like I’ll find out soon—AMC Studios is creating an Afrofuturistic anthology series based on Eve L. Ewing’s debut collection Electric Arches. According to Shadow and Act, “The Electric Arches anthology... Continue reading at Literrary Hub
[ Literrary Hub | 2019-10-31 17:27:27 UTC ]
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The brand strategy behind the best-selling book series expanding to Netflix, toys, and video games. When my son Henry was seven he hated reading. Hated it. Loved the story part, hated the reading part. Now 10 years old, Henry is rarely farther than arm’s length away from a book.Read Full Story Continue reading at Fast Company
[ Fast Company | 2019-10-30 07:00:43 UTC ]
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The Nielsen company says the five games so far of the Washington-Houston matchup is the least-watched World Series ever Continue reading at ABC News
[ ABC News | 2019-10-29 21:44:42 UTC ]
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Nearly 13 years ago, Netflix launched the first subscription-based streaming service for “Hollywood content,” laying the foundation for a massive paradigm shift in the way we access and watch movies and TV. Hulu followed suit soon after, but Netflix again changed the game in 2013, releasing the... Continue reading at Advertising Age
[ Advertising Age | 2019-10-24 19:52:28 UTC ]
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In a new book, Tom Sturges explores his father’s life in Hollywood — and at home. Continue reading at The Washington Post
[ The Washington Post | 2019-10-24 19:00:00 UTC ]
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In his latest book, Michael S. Heiser illustrates how the popular science fiction series can teach us about the Bible and God’s love for humanity. (Sponsored) Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-10-21 04:00:00 UTC ]
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Anheuser-Busch InBev is putting more marketing muscle behind Natural Light Seltzer as the brewer tries to make up ground in the hot-selling category dominated by White Claw and Truly. The line extension, which hit stores in August, will run its first TV ads starting this weekend during college... Continue reading at Advertising Age
[ Advertising Age | 2019-10-18 21:39:48 UTC ]
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One of the comic book world's best-known series is finally coming to screens. Netflix has secured the rights to Jeff Smith's classic Bone, and intends to create an animated kids' series that covers the Bone cousins' trek through the desert. Smith t... Continue reading at Engadget
[ Engadget | 2019-10-17 00:10:00 UTC ]
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Netflix has announced three new screen literary adaptations, including one rework based on Elif Shafak’s The Forty Rules of Love (Penguin), as its vice-president for international originals, Kelly Luegenbiehl, said the company wants to partner with publishers, not compete against them. Continue reading at The Bookseller
[ The Bookseller | 2019-10-16 15:24:52 UTC ]
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"Newsnight" broadcaster Emily Maitlis' book Airhead: The Imperfect Art of Making News (Michael Joseph) will be adapted into a TV series to give viewers a glimpse of “what making news is really like.” Continue reading at The Bookseller
[ The Bookseller | 2019-10-16 09:50:10 UTC ]
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This week YouTube kicks off its book club series with a Malcolm Gladwell roundtable interview on Booktube. The MLB playoffs continue, and Netflix has a slew of new series. Movie fans can stream Hobbs & Shaw or snag Scarface in 4K on Ultra HD Blu-... Continue reading at Engadget
[ Engadget | 2019-10-15 02:05:00 UTC ]
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When DreamWorks founder Jeffrey Katzenberg and former Hewlett-Packard and eBay CEO Meg Whitman announced the idea for Quibi last year, there was debate over whether millennials and Gen Zers would cash in on a mobile-only platform streaming shows lasting for 10 minutes or less. One thing is for... Continue reading at Advertising Age
[ Advertising Age | 2019-10-11 22:09:18 UTC ]
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One of the first originals you'll be able to stream on Apple TV+ is M. Night Shyamalan's Servant, a psychological thriller that'll likely feature a few twists and turns in true M. Night fashion. Apple has revealed at New York Comic Con that the serie... Continue reading at Engadget
[ Engadget | 2019-10-04 08:15:00 UTC ]
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Video is a big part of growth opportunities for publishers. At the recent Digiday Publishing Summit in Key Biscayne, Florida, we asked execs from CNN Internation, Vox and Inquisitr the role that video plays in their content and monetization strategies. The post Digiday Video: How publishers are... Continue reading at Digiday
[ Digiday | 2019-10-04 04:00:07 UTC ]
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Shoppers appear unfazed by a potential recession, tariff uncertainty and an impeachment inquiry in Washington. The National Retail Federation, which released its annual holiday sales forecast Thursday, says retail sales will increase between 3.8 percent and 4.2 percent during the last two months... Continue reading at Advertising Age
[ Advertising Age | 2019-10-03 19:49:51 UTC ]
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