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Paramount sets its sights on WBD Vimeo to be bought by Bending Spoons Netflix beats broadcast audiences again
Viewing experience David Zaslav, the chief executive of Warner Bros Discovery, has described television as a terrible consumer experience. “The marketplace is really challenged with too many players in the market,” he recently said. “When people turn on their TV, it’s a terrible consumer experience. In almost every market in the world, there’s just way too many choices.” It is perhaps a strange way to sell the benefits of HBO Max. The irony is that it could get that little bit simpler if it ends up being bundled in with Paramount+.
As we report this week, Netflix has been topping the television ratings in the United Kingdom. Netflix picked up eight Emmy awards for Adolescence, including one for Owen Cooper, the youngest ever male winner of an Emmy. As previously noted, this was the sort of programme that one might have expected to be produced by a public service broadcaster like the BBC. Congratulations to all involved.
William CooperEditor
Paramount sets its sights on WBD Two months after Skydance Media acquired Paramount in an $8 billion deal, the combined company has now set its sights on acquiring Warner Bros Discovery. David Ellison, the son of the co-founder of Oracle, Larry Ellison, who is among the richest people in the world, believes he can combine the companies and integrate them on a single technology stack. Old media companies are consolidating in a rush to achieve scale online and compete with the relative newcomer Netflix.
Read more… Vimeo to be bought by Bending Spoons The online video platform Vimeo will be acquired by Bending Spoons for $1.38 billion in cash. Bending Spoons recently acquired Brightcove, another online video company, for $233 million and then shed around a third of its 600 or so staff. It previously acquired WeTransfer and Evernote, laying off large numbers of their staff. The Vimeo web site currently says it has over 1,200 staff, for now.
Read more… Netflix beats broadcast audiences again For the second time in a month, Netflix topped the weekly television ratings in the United Kingdom. It shows that Netflix is no longer simply an alternative to the mainstream channels, it is providing programming that directly competes with them.
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