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The Hollywood Reporter

The Hollywood Reporter Wednesday, November 6, 2019

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The all-new Hollywood Reporter offers unprecedented access to the people, studios, networks and agencies that create the magic in Hollywood. Published weekly, the oversized format includes exceptional photography and rich features.

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United States
MRC Media, LLC
48 Issues

in this issue

1 min.
heat index

Greg Berlanti The mega-producer’s record scripted TV haul grows to 21 with series orders at HBO Max for DC-inspired dramas Green Lantern and anthology Strange Adventures. Jim Bell The Tonight Show showrunner, who had been with NBC for nearly three decades, abruptly exits amid preparations for the network’s 2020 Olympics coverage. Catherine Herridge CBS News hires the veteran Fox News reporter, the latest high-profile journalist to exit the conservative-leaning network after anchor Shepard Smith’s departure. David Ellison The Skydance Media chief’s pricey reboot of Terminator crashes at the global box office with a $123.6 million debut, likely ending hopes for sequels. Showbiz Stocks $194.72 (+3%) FACEBOOK (FB) The social media giant posts quarterly sales and profit that exceed expectations; daily active users jump 9 percent. $41.40 (-12%) AMC NETS (AMCX) Bernstein analyst Todd Juenger reiterates his “underperform” rating after the operator of…

5 min.
digital tv’s great subscriber race begins

When Disney+ launches Nov. 12, the new streaming service will begin what Disney CEO Bob Iger hopes is a quick journey to at least 60 million subscribers by the end of 2024. Six months later, on a still-to-be-announced date in May, HBO Max will take off on its own sprint to hit at least 75 million subscribers in 2025. Instead of the “streaming wars,” it’s more like a streaming race as each new entrant that launches strives to reach ambitious subscriber goals and carve out a piece of the overall direct-to-consumer video market. With U.S. pay TV subscribers expected to drop from north of 100 million in 2014 to 78 million by 2022, per research from Sanford C. Bernstein, every company has recognized an opportunity to lure those cable defectors (and…

4 min.
piracy crackdown may be next front in streaming wars

How will consumers afford Netflix, Hulu, Amazon Prime, Apple TV+, Disney+, HBO Max, Peacock and on and on? To many industry analysts, the answer is simple: They won’t. Consumers will be selective in deciding which digital services are worthy of their money. Hence, the socalled “streaming wars.” But there’s another way to look at the issue. Thanks to rampant free-riding, one account doesn’t mean one viewer. Passwords will be shared, and platforms will be hacked. Under this framework, the streamers aren’t battling with one another. They’re teaming up against the grifters to fight Piracy 2.0. On Oct. 30, just a day after WarnerMedia’s John Stankey previewed HBO Max at a glitzy event, the Alliance for Creativity and Entertainment announced a working group to reduce unauthorized access to content, specifically mentioning “improper password…

2 min.
where do niche streamers fit in a sea of services?

As Disney+, HBO Max, Peacock and Apple TV+ launch billion-dollar programming budgets in search of scale, will that leave small streaming services struggling? In this group, streamers from AMC Networks and WWE to nonfiction programmer CuriosityStream and indie purveyor Sundance Now are finding that there is no room for error as the field crowds. As MoffettNathanson analyst Michael Nathanson put it in a Nov. 1 research note, the question AMC faces is “whether it can make this strategic transformation, or build a ‘lifeboat,’ fast enough to offset the declines in the traditional business.” Clearly, these companies think the market is big enough to support their ambitions, especially with such smaller content spends. AMC Networks CEO Josh Sapan told analysts Oct. 31 that the addressable market for its offerings, which include Anglophile-focused…

2 min.
m&a job losses widen in hollywood

As of the end of October, nearly 152 million Americans were working, the Bureau of Labor Statistics disclosed Nov. 1. But the entertainment and media sectors are not sharing the good times, as mergers and acquisitions and the layoffs they typically cause appear to be taking a toll. Hit hardest: sound recording and film, where jobs are off 4 percent year-over-year, while overall U.S. employment rose more than 1 percent. For years, Disney had been in hiring mode, closing fiscal 2018 with 201,000 employees, up from 199,000 the prior year, according to filings, though it has slashed at least 400 jobs since closing its $71 billion deal for most of 21st Century Fox in March, and observers predict 3,000 layoffs will eventually be attributed to the partial merger. Analyst Richard Greenfield…

1 min.
behind the headlines

BILLBOARD HOT 100: The week’s most popular current songs, across all genres, ranked by audience impressions, sales data and streaming activity by online music sources tracked by Nielsen Music. BILLBOARD 200: The week’s most popular albums across all genres, as compiled by Nielsen Music, based on multi-metric consumption (blending traditional album sales, track equivalent albums, and streaming equivalent albums). TERMINATOR: KERRY BROWN/PARAMOUNT PICTURES. JOKER: COURTESY OF WARNER BROS. ENTERTAINMENT. HARRIET: GLEN WILSON/FOCUS FEATURES. CHARLES BERGMANN/BET/TYLER VISION, LLC.…