10 Stories You Should Know: 10/31/2022
Here are the stories that should be on your radar.
Here are the stories that should be on your radar for Monday, October 31st, 2022:
Korean Entertainment Industry Delays Events Following Seoul Crowd Tragedy; Rising TV Actor Lee Ji-han Reported Among Dead (Deadline)
South Korea’s entertainment industry has postponed several events in the wake of the tragic crowd surge that killed more than 150 people in Seoul’s Itaewon district on Saturday night. The country is in a week-long period of mourning.
Paramount Stock Falls After Downgrade As Analyst Says Strategy Is ‘Tougher To Underwrite’ (Marketwatch)
Shares of Paramount Global Inc. were falling more than 3% in premarket trading Monday after a Wells Fargo analyst expressed concern about the company’s streaming strategy and the outlook for traditional media.
Netflix's New Discord Bot Lets Viewers Coordinate Watch Parties (CBR)
Netflix's Twitter account NetflixGeeked announced the feature via a video post. The video explains that the Discord Bot, which is called "Hey, Netflix" and is available on the Discord App Directory, lets you watch with your Discord community in "just a few clicks," as long as you have your own Netflix account. Once you're watching, a thread starts automatically where you and other viewers can engage in a "spoiler-safe" discussion.
‘Pirate’ Streaming Boxes Boosted Netflix Viewership, Research Finds (TorrentFreak)
When simply comparing households that have a Kodi box to those that don’t, it becomes clear that there are vast differences between the two groups. The box owners generate much more internet traffic on average, and they spend more time streaming through Netflix, Amazon, YouTube, Twitch, and other platforms.
Dish TV India Launches Single Login And Subscription Model ‘Watcho OTT’ (BestMediaInfo)
Watcho will offer OTT content from Disney+ Hotstar, Zee5, SonyLIV, Lionsgate Play, Hungama Play, HoiChoi, Klikk, EpicOn, Chaupal, and Oho Gujarati via a single login and subscription model.
He Built A Million-Dollar, One-Person Business Around His Love Of Film And TV (Forbes)
Chatmon is part of a fast-growing trend: the rise of million-dollar, one-person businesses. In 2019, there were 43,012 businesses with no employees except the owners that made it into the $1 million to $2.49 million in revenue category, up from 41,666 in 2018, according to the U.S. Census Bureau. Another 2,553 made it to $2.5 to $4.99 million in revenue, and 388 made to $5 million in revenue and beyond.
David Zaslav And The Great 'Course Correction’: Why Is He Betting On The Past? (NextTV)
A 1.0 demo rating just won Broadcast premiere week. Cord cutting's gone next level. And the box office is half of Its pre-pandemic size. Why the Warner Bros. Discovery CEO is going to have to squeeze real hard to make his strategy work.
Netflix Not Interested In Godfather Early Premiere Deal? (Mirchi9)
Megastar Chiranjeevi’s GodFather released during the Dasara festival couldn’t create any wonders at the box office. Despite the decent talk, the remake factor, and the not-so-exciting second half ruined its prospects and the film ended up as a flop.
When a film flops, the makers and its streaming partner decide to bring the film early on the OTT platform as the film is still fresh in people’s memory. But Netflix is also not showing any interest in bringing GodFather early as there is not much craze in the public to watch it asap.
Is The Multiverse Where Originality Goes To Die? (New Yorker)
There’s a reason that studios plan to spend billions of dollars—more than the economic output of some countries—to mass-produce more of the multiverse: tens of millions of people will spend time and money consuming it. Is the rise of the multiverse the death of originality? Did our culture take the wrong forking path? Or has the multiverse unlocked a kind of storytelling—familiar but flexible, entrancing but evolving—that we genuinely need?
Singapore Consortium Bags FIFA World Cup Rights, Sets Price Tag (Digital TV Europe)
With the 2022 FIFA World Cup in Qatar just weeks away from kicking off, a consortium including StarHub, Singtel and Mediacorp have signed up the rights to air the tournament in Singapore. Between them, the partners will offer football fans complete coverage of all 64 matches, live or on-demand on any device.