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Saturday, July 29, 2017
Starz Distribution Posts Q2 Loss

A dearth of new releases from The Weinstein Co. contributed to Starz Distribution posting a second-quarter (ended June 30) $5.4 million operating loss, compared with operating income of $1.1 million during the previous-year period.

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Redbox Q2 Profit Drops 17%

When does a drop in profitability result in a good financial quarter? When the company is Redbox and the business is disc rentals.

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CEO: CBS All Access, Showtime OTT Top 2 Million Combined Subs

Upstart subscription streaming video platforms CBS All Access and Showtime OTT, have reached 1 million subscribers per service, CBS CEO Les Moonves said on the company's July 28 fiscal call.

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WWE's Streaming Service Ups Subs 25%

World Wrestling Entertainment (WWE) July 28 reported its subscription streaming service — WWE Network — topped 1.52 million subscribers in the second quarter (ended June 30). That’s an increase of 25% from the previous-year period. Revenue increased to $45.9 million, from $36.6 million last year.

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Amazon Says Prime Video Coming to India

E-commerce giant says originals content spend in the second half of the year will double and be available globally.

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