Netflix, Amazon and Disney are among the media giants in a race to capture their share of the $120 billion entertainment industry via streaming services and original content. While live TV remains viewers' top choice, the medium must continue to evolve to maintain its place in this competitive landscape.
A recent Morning Consult poll has found that 36% of respondents aged 18 to 29 are likely to subscribe to Disney's planned streaming service. Fifty-five percent of respondents also stated that they would pay for a streaming subscription just to watch a particular show, but 73% said they wished all of the content they wanted was available on a single service.
Jacobs Media President Fred Jacobs will discuss the National Association of Broadcasters' dashboard audit at this year's Radio Show. Topics will include how broadcast radio can make improvements for RDS and HD displays, the importance of in-car radio and upcoming NAB initiatives with the automotive industry.
Steve Bannon's Breitbart News blasted President Donald Trump following his Monday speech addressing plans for Afghanistan. One article proclaimed that Trump's decision was a "flip-flop" that "reverses course," while another compared his policy to that of former President Barack Obama.
Smaller streaming services are setting themselves apart from Netflix by focusing on specialized content. While Walt Disney is the latest to announce plans for its own streaming platform, services such as Shudder, Crunchyroll and MUBI are already competing with major players including Netflix and Hulu, because "[f]ans feel they can go deeper in contrast to a big service," PwC's Christopher Vollmer says.
FX has purchased the rights to 17 movies from 2017 to add to its content library, as major movie titles are proving to be a stronger investment for basic cable networks than off-network shows. Recent adds to FX's lineup include "Spider-Man: Homecoming," "The Fate of the Furious," "Split" and other films from Universal, Sony and Fox.
Federal Communications Commission Commissioner Michael O'Rielly says that the FCC has no time to waste when it comes to updating media ownership rules and moving forward to "correct the mistakes of the last Commission." The FCC is expected to start taking steps to change the rules as early as September.
Comedian Jerry Lewis passed away Sunday at age 91. Lewis was honored with the National Association of Broadcasters 2015 Distinguished Service Award for his 61 years of commitment to the annual Labor Day muscular dystrophy telethon. "Jerry Lewis was more than a comic icon. ... NAB joins with the thousands of 'Jerry's Kids' who mourn the loss of this uniquely gifted and giving entertainment industry legend," said NAB President Gordon Smith.
Apple, Facebook and Snap are among the big players aggressively advancing augmented-reality technology. Major marketers such as IKEA and the PGA Tour are beginning to take advantage in a variety of innovative ways, helping assist mainstream integration, write Christopher Heine and Matt Kapko.
According to a study in Neurology, quality of care, quality of life and burden on caregivers were similar for patients with Parkinson's disease who engaged in in-person doctor visits versus those who received virtual visits with a neurologist; however, each virtual visit saved patients an average of nearly 100 miles of driving and more than two hours. Researchers also found that 86% of neurologists and 97% of patients expressed satisfaction with virtual visits, with 55% of patients preferring virtual visits over in-person visits.