Weekly Media Briefing October 10th-14th
Experimentation continues with premium video on demand as studios plan to release ‘Tower Heist’ on VOD three weeks after its theatrical release – for 59.99. The hefty price tag for viewing the early release tops recent efforts by operators to shave time off of the post-theatrical window. Earlier this year, studios entered into agreements with cable operators to offer a select number of films on VOD for 30 dollars beginning 60 days after their theatrical run. Whether consumers will be willing to pay such a high price to watch a movie at home is a major test for the film industry, which is setting a new course as the DVD market shrinks and the studio-backed ultra violet digital locker system is rolled out. UPDATE: Universal has canceled its plans for the experimental release, via THR.
Time Warner and Vivendi have placed bids on Polish broadcaster TVN. TVN’s parent company, ITI Group, is seeking the sale of its controlling 56% stake in the broadcaster.
A new report from Digital TV Research indicates that global online tv and video revenues are expected to grow “more than five fold” their current levels by 2016.
The Federal Communications Commission is trying to encourage more Americans to use high speed Internet. In collaboration with various private companies, the FCC plans to offer free computer training to individuals in disadvantaged communities.