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...Unlike other big Hollywood studios, Sony management decided not to pour billions into building its own streaming service to compete with Netflix....
...Netflix struck an optimistic note about the health of its business, marking a sharp contrast with legacy Hollywood studios suffering from steep declines in linear television and heavy streaming losses....
...Investors are sceptical that the group can compete in a cut-throat streaming business in which it is battling against much larger groups such as Disney, Netflix and Amazon....
...Those talks collapsed last week after the union asked for a share of subscriber revenue from streamers, studio officials say....
...It will also produce more work for streaming platforms, he said, flagging a number of shows such as Einstein and the Bomb and Renegade Nell that the company made for Netflix....
...Warner, home to HBO and the Warner Bros movie studio, has made a small profit at its US streaming services this year, in part by raising prices, aggressively culling some series and licensing others to Netflix...
...But investors have soured on the group as it competes in a costly streaming battle with larger competitors such as Disney and Netflix....
...Applying even a less generous multiple to ITV Studios in a sum-of-the-parts calculation suggests the market is undervaluing the studios business....
...The company said it had received a boost from older shows it licenses from rival studios, many of which had stopped selling programmes to Netflix after launching streaming services of their own....
...How differently this series could have turned out had Netflix heeded the film’s lesson about the perils of choosing poorly....
...Instead, he saw other global streaming giants, including Netflix, as healthy competition. “[Netflix] have convinced people to pay for content....
...Links (all FT links get you past the paywall): – The Devil Wears Prada is available on Netflix and Disney+ in the UK, and HBO/Max and Hulu in the US....
...Among them is a proposal to “right-size” legacy divisions, such as Disney’s studio business and its linear TV networks, by spinning them out and finding strategic partners....
...The difference is that Netflix makes money, unlike the streaming services launched by studios such as Walt Disney, Comcast’s NBCUniversal, and Paramount....
...Paramount has the highest net debt-to-ebitda ratio among its peers, which include Warner Bros Discovery, Disney, Comcast and Netflix, Yoon notes....
...the formula pioneered by Netflix....
...Paramount, owner of the eponymous movie studio, might scrap plans to launch its streaming service in India, according to Bloomberg....
...Streaming platforms such as Netflix have also struggled to scale amid fierce local competition....
...Highlights The film producers behind Netflix’s Drive to Survive, the docuseries that helped revitalise Formula One, are raising around £30mn from George Pyne’s Bruin Capital, the FT exclusively reported...
...Peltz says the group needs to achieve “Netflix-like” profit margins in its streaming business, which has lost billions of dollars since its launch....
...Nieddu cut all the tailored menswear for Netflix’s The Crown; other recent credits include outfits for Empire of Light, Wonka and the latest Indiana Jones film....
...A stainless-steel kitchen paired with Calacatta Viola marble countertops – inspired by spaceships and laboratories – designed by the studio Love Is Enough for an apartment in Chelsea, New York....
...In the UK, the BBC, ITV and Channel 4 have all announced cost-cutting drives, with hundreds of jobs lost as a result, while international streamers such as Netflix and Amazon are commissioning fewer programmes...
...The talks, first reported by Axios, come as US media groups are struggling to improve their profitability after waging a costly “streaming war” against Netflix....
...At Warner’s movie studios, Zaslav acknowledged that there were “some real misses” over the past year....
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