Over a week ago, Variety reported that consumers spent more money on streaming services like Netflix then on premium subscriptions like HBO. (HBO GO falls in the latter category, in case you were interested.)
So why aren’t these services drinking cinema’s box office’s milkshake in the same way?
So Netflix just released the trailer for their new show House of Cards, starring Kevin Spacey. Along with extra seasons of Arrested Development and an Eli Roth-directed horror series Hemlock Grove, House of Cards is part of Netflix’s gamble into original content. And while we can’t say for sure, it looks like this high-stakes political drama might pay off, big time.
Over the last year Netflix has emerged as the dominant force in the world of streaming video, accounting for 20% of all the internet data consumed in the U.S. during primetime.
But Time Warner CEO Jeff Bewkes isn’t worried about Netflix’s growing presence in the media landscape.
“It’s a little bit like, is Read More