| | | | | #1 Pluto TV Launches Free On-Demand Service | | Ad-supported streaming service Pluto TV announced that it will expand its offering of live streaming channels to include a large library of on-demand movies and television shows. Pluto TV has more than 6 million monthly viewers and is reportedly considering launching a subscription service tier in the future. | | WHY THIS MATTERS: The launch of on-demand content comes shortly after the company announced licensing deals with Lionsgate, MGM and Warner Bros. | 5 TAKES: MCN | Variety | MediaPost | Tech Crunch | Engadget
| | | | #2 Element Electronics Taking Preorders for Fire TV-Powered 4K TVs | | Element Electronics has begun to take preorders for a new line of 4K TVs that are powered by Amazon's Fire TV streaming platform and also feature voice remotes that use Amazon's Alexa technology. | | WHY THIS MATTERS: Element's 43-inch Fire TV Edition will retail for $449. A 50-inch model and a 55-inch model will cost $549 and $649, respectively, and a $65-inch model will retail for $899. They all support streaming resolutions up to 4K at 60 fps and will enable users to tap Alexa-based voice integration to conduct searches, switch inputs, pause or rewind live TV, launch apps and control compatible smart home devices. | 5 TAKES: MCN | Variety | Fortune | The Verge | Tech Crunch
| | | | #3 YouTube TV Builds Core Package with Seven New Channels | | YouTube TV is adding seven more channels to its $35 OTT service, bringing the total to 46. YouTube TV was the first major bundle to include all the broadcast networks, ABC, CBS, FOX and NBC, as well as news and entertainment networks from FOX and NBCU, and a dozen sports networks. | | WHY THIS MATTERS: The additions include AMC, IFC, BBC America, Sundance and WEtv. Also new to the service are two Spanish-language networks from NBCU, Telemundo and Universo. | 5 TAKES: 9to5 Google | International Business Times | Engadget | The Verge | Adweek
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| | | | "While we expect Amazon to increase its spending on content throughout 2017, Amazon is not yet competing with Netflix on volume. We continue to view Amazon content as having higher average quality, but it must increase the quantity of its offering in order to compete favorably with Netflix."
Wedbush Securities Analyst Michael Pachter
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| | | | Why ESPN Is Losing Subscribers
By G.E., The Economist
For much of this century ESPN, the television sports network, has been Disney's cash machine, collecting billions more dollars from American subscribers each year than the company gets from its blockbuster Star Wars, Marvel and Pixar films combined. But for the past six years, fewer and fewer people have been paying for ESPN: the network's subscriber base has declined from a peak of 100 million households in 2011 to less than 88 million now. Why are fewer Americans paying for the sports leader? More
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