iWorld

Netflix-iPic Entertainment tie up; to release original films

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/10/07/Untitled-1_57.jpg?itok=QLuQH2H4

MUMBAI: The subscription led video-on-demand (SVOD) streaming service Netflix has partnered with iPic Entertainment theater chain to release selective original films. These movies will shown simultaneously on the streaming service and at iPic theaters across the US.

With this deal, several reports have surfaced mentioning the red light on rival theater owners.

The partnership is set to launch from Friday with Netflix's war thriller The Siege of Jadotville, opening at iPic theaters in Los Angeles the same day it's released on the streaming service.

"Consumer choice is a pillar of our philosophy and the unparalleled level of comfort and hospitality offered at iPic made this a natural partnership," said Netflix chief content officer Ted Sarandos in a statement.

The movie chain operates 15 theaters with 113 screens nationwide, including in New York, Miami Beach, Houston and Scottsdale, Ariz.

iPic Entertainment president and CEO Hamid Hashemi added, “ This is a significant game changer for consumers and fans, paving way for a new frontier in shared experience viewing of Netflix entertainment."

Netflix has previously released its original films in theaters, like 2015's Beast of No Nations, bypassing the exclusive theatrical window viewed as vital to many movie chains.

"Movie theaters are worried. Netflix is already their biggest competitor right now," voiced Exhibitor Relations analyst Jeff Bock to USA Today. "This represents a direct hit to their business that shakes them to the core."

The president and CEO of the National Association of Theater Owners John Fithian has also opined his unhappiness with this practice. "Simultaneous release, in practice, has reduced both theatrical and home revenues when it has been tried. The theatrical window is a longstanding industry practice that has benefited studios, theaters and moviegoers. We all should tread lightly and be mindful that over the years, the film industry's success is a direct result of a highly successful collaboration between filmmakers, distributors and exhibitors,” said Fithian in a statement.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/24/Chu-Chu-Story.jpg?itok=nDbnPlmG
ChuChu TV on YouTube records 10m subs with 154 kids videos

MUMBAI: A YouTube channel seems to be creating wonders with kids rhymes, and it is getting wonderful views and reviews and clicks! ChuChu TV, an Indian YouTube channel for kids, gives a positive spin to original nursery rhymes.

iWorld Video On Demand
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/24/Alok_Joshi-Didar_Singh.jpg?itok=s5gDyJvc
Industry & govt need to jointly tackle risk of info & cyber insecurity

NEW DELHI: The National Critical Information Infrastructure Protection Centre (NCIIPC) safeguarded 300 establishments in India from the recent worldwide cyberattack by the WannaCry ransomware.

iWorld eNews
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/23/ott.jpg?itok=7CK0erzu
How do viewers engage with OTT videos

Akamai Technologies, a cloud delivery platform, has released new research demonstrating how quality of video resolution and playback affects viewers' engagement with and loyalty to over-the-top (OTT) video streaming services. Conveyed through advanced biometric measurement tools including facial...

iWorld Video On Demand
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/23/SonyLiv.jpg?itok=oMlb-wKy
SonyLiv's content mirroring contemporary trends key differentiator, says Uday Sodhi

MUMBAI: Lives today are a rigmarole of never-ending deadlines, household chores, family commitments and work life pressures. This cyclical orchestra of mounting pressures and waning pleasures leave an indelible impact on modern day relationships. With its focus on compelling storytelling that...

iWorld Video On Demand
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/23/ManojSinha-800x800.jpg?itok=mHcoAhzU
Inter-Ministerial group examining TSPs' system issues

NEW DELHI: Communications minister Manoj Sinha has said that an inter-ministerial group (IMG) has been formed to examine systematic issues impacting viability and repayment capacity in telecom sector. He said the IMG would furnish recommendations for resolution of stressed assets at the earliest...

iWorld Telecom
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/22/alt.jpg?itok=3HGz2se5
Digital entertainment: FreeCharge partners ALTBalaji, Eros Now & SonyLIV

FreeCharge, a digital payments platform, has announced its partnership with ALTBalaji, largest digital platform for original shows from India, to provide easy, secure and fast digital payment solutions for users.

iWorld Over The Top Services
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/22/Vice%20Media-Story.jpg?itok=jKss617w
Vice Media to build largest OTT platform, expand to 80 markets by early '18

MUMBAI: Capital infusion of $450 million in Vice Media, which is a partner of Times of India, will help accelerate its expansion from 30 to 80 markets by early 2018 for the youth-focused media group. Known for its online videos and edgy reporting, Vice operates a popular YouTube channel and also...

iWorld Over The Top Services
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/21/Uday%20Reddy.jpg?itok=OdzSEpqC
Dharma's Baahubali & Humpty Sharma etc movies to be on YuppTV

MUMBAI: YuppTV, a leading OTT brand for South-Asian content, has entered into an alliance with Dharma Productions, one of the most successful productions houses in India today. As part of the association, YuppTV users across the globe, excluding India, can now watch various blockbusters by Dharma...

iWorld Over The Top Services
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/21/Mike%20Nikzad.jpg?itok=jnCS_SGu
Ooyala hires Syncplicity's Mike Nikzad as COO

MUMBAI: Ooyala, leading provider of software and services that simplify the complexity of producing, streaming and monetizing video, has appointed Mike Nikzad as its chief operating officer (COO). With more than 25 years of business operations and engineering leadership experience, Nikzad will be...

iWorld Over The Top Services

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories