Warner Bros. is working on developing a new program made for video streaming services online. This was announced at a conference in Beverly Hills, California this week. Warner announced that it is actively developing content that will be available to new media formats. With this being said it will potentially snub traditional media outlets like Comcast, and its own sister station Time Warner. the CFO of Time Warner John Martin noted that the company revives about $250 million is revenue from on-demand video. That is alot more money than it receives from its cable stations. Warner Bros is also talking with Amazon and Netflix to create new license deals for its existing content to be made available through online platforms. Time Warner, one one of the most resistant publishers when it comes to allowing its content to be a part of the online streaming revolution has shown a reversal of faith more recently, more so now that it allows live TV streaming to Time Warner Cable customers on devises like the iPhone and iPad. Streaming media is now seen as an opportunity for financial growth, with that said, we can expect more content to start appearing on the internet that has been branded with the Warner Bros logo.
What really caught my eye about this article was the fact that Warner Bros. will be opening up content to streaming videos on the internet. While most of the population is familiar with Netflix and how it streams media, the service just SUCKS. I really hope that this open new gates to a new generation of media streaming apps and websites. Warner Bros. has a wide selection of Great films new and old and I really think they will do good with this new service. As a student filmmaker this gives me the option to watch any of Warner Bros' movies on demand anywhere I am, so if I am asked to analyse a certain feature film, I will turn to this service since I plan to work for Warner Bros. in the future. Its good to see the style of films a certain company makes so you know what to expect when you start. As a consumer, well that is just a BETTER alternative to Netflix (all alternative to Netflix are the best) plus Warner Bros has a variety of Burton Films and the Harry Potter series which I hope is made available. The questions raised by the industry are "How are we going to compete with this?" a really hard question since companies like Netflix are dropping feature films for crappy TV shows. The big question from me is "How am I as a Consumer have a question, How am I as the consumer going to make use of this Beautiful Concept?
No comments:
Post a Comment