Weekly Media News Briefing for November 21st-25th
Samsung may be next in line to produce televisions for Google, the L.A. Times reports. Although Google TV’s first iteration did not catch on with consumers, Google’s ongoing effort to enter the television market is now backed by its recent investment in the production of premium programming channels via Youtube. Meanwhile, Netflix is pressing forward with the licensing of exclusive premium content – in a recent deal with Fox, the company has acquired the exclusive rights to distribute new episodes of Arrested Development, a critically acclaimed Fox comedy which ran for 3 years before being canceled. Netflix’s recent troubles with subscribers and its subsequent loss of market value have directed attention away from the company’s trajectory in premium content distribution, but it is clear that the internet streaming site is looking to establish itself as a major player in the future of television.