HBO's new streaming service will be priced at around $15 per month, an uncompetitive $6 higher than Netflix's most common $8.99 plan. This is according to a Monday report in The Information, which cites an unnamed source said to be familiar with the HBO service's development.
CBS has announced a new SVOD service which will deliver thousands of current and archival series episodes to the IP devices of consumers for $5.99 a month.
With Time Warner Inc. announcing that HBO would launch as a standalone product in 2015, available for streaming without a pay-TV subscription, Netflix CEO Reed Hastings was predictably asked about the move during his company's third-quarter earnings call Wednesday.
Netflix chief content officer Ted Sarandos says the SVOD service is now shooting all of its original shows in 4K resolution.
Signaling a sea change in pay-TV distribution, a major programming supplier, HBO, has announced plans to break off from the cable bundle and distribute its shows to consumers in an a la carte streaming product.
Due largely to interconnection deals like the one Netflix just confirmed with Bright House Networks, streaming performance of the top SVOD service has improved across most major Internet service providers in the United States.
The acrimonious interconnection feud between Netflix and Verizon seems to have settled into speedy and harmonious performance.
Citing the increased costs for delivering 4K "Ultra-HD" programming, Netflix will begin requiring that users subscribe to its $11.99 family plan in order to stream 4K content.
In an arrangement that could have a significant impact on traditional theatrical release windows, Netflix has signed on to release on SVOD the follow-up to filmmaker Ang Lee's Oscar-winning global box office smash, Crouching Tiger, Hidden Dragon. This release, which will require no extra payment from Netflix subscribers, will occur concurrently with the global theatrical premiere of the sequel by big-screen exhibition chain IMAX.
The FCC is reportedly set to redefine online video platforms like Aereo that stream linear TV content as MVPD operators, similar to cable and satellite companies.