If Michelle Williams had it her way, Destiny’s Child would still be together.
19.06.2023 - 18:01 / deadline.com
By 2027, the U.S. television industry will see $30 billion less annually from traditional subscription and advertising revenue than it did a decade earlier amid ongoing cord cutting, according to a new forecast by PwC published today.
The rate of subscriber decline in the traditional TV bundle hit a milestone in the third quarter of 2022, when the number of pay-TV households fell below half the total number of U.S homes for the first time.
By 2027, the firm’s Global Entertainment & Media Outlook 2023-2027 (which also broke U.S. numbers separately) predicted, millions more U.S. homes will have walked away, reducing total penetration to 49.9 million — down from almost 100 million as recently as 2016 — which means pay-TV will be present in just 38% of total U.S. homes.
The numbers reflect a years-long trend that’s seen a forced pivot by traditional media players to streaming, following first mover Netflix and others over the top.
The transition is proving painful as streaming costs and red ink has ballooned. A difficult economic climate with high inflation now has most streaming services offering (or about to) a version with advertising. This entire shift is extremely delicate, since traditional television, albeit declining, is still what provides the cash to fuel streaming expansion.
Revenue from the OTT market will grow to $57 billion this year from $49 billion in 2022. And it will hit $75.5 billion in 2027, PwC predicts. OTT advertising revenue will grow more quickly than subscription with the numbers reaching, respectively, $33.4 billion and $35.7 billion that year (from an estimated $21.8 billion last year and $29.5 billion this year.)
“The biggest tectonic move continues to be the rise of ad-supported streaming.
If Michelle Williams had it her way, Destiny’s Child would still be together.
Venus Williams, making her 24th appearance at Wimbledon, lost her first-round match Monday after rebounding from a twisted knee in the early going.
Prince William and Prince George had a fun day out on Saturday. The Prince of Wales and his 9-year-old son took in a cricket game at the Lord's Cricket ground in London.William, 41, and George were seen sitting in a box as they watched the game. For the outing, William wore a light blue button up shirt, under gray sport coat.
The Prince of Wales and Prince George have enjoyed a father and son day out at the cricket. George, aged nine, was seen tucking into a slice of pizza while his father talked with Prime Minister Rishi Sunak.The royal pair were spotted watching the second Ashes test match from a box at Lord’s cricket ground in London on Saturday 1 July. Commentators on social media noted how alike the father and son appeared as they both wore blue blazers and light-coloured shirts while watching England take on Australia, where Stuart Broad is playing.
The Prince of Wales is set to earn an eye-watering £20m salary next year as he is now entitled to a private income generated from the Duchy of Cornwall landed estate, following the death of his grandmother, the late Queen.The 41 year old heir to the throne, following his father the King's accession, earned £6m this year but faced criticism for not publishing an annual report in his first year as the next in line to be king. Since inheriting the Duchy land Prince William will now benefit financially from its surplus profits every year.
Ryan Murphy has found the Menendez brothers for season 2.Cooper Koch and Nicholas Alexander Chavez have been cast as Erik and Lyle, respectively, Deadline reports, for the upcoming season of the Netflix true-crime anthology series. Called , the new season — a follow-up to season 1, which centered around serial killer Jeffrey Dahmer, played by Evan Peters -- tells the story of the two siblings who were found guilty of murdering their parents, José and Mary Louise, in 1989. Cooper Koch (left) and Nicholas Alexander Chavez will play the Menendez brothers in season 2 of 'Monster.'Lyle and Erik were convicted on two counts of first-degree murder and conspiracy to commit murder before being sentenced to life in prison without parole in 1996 following two trials.After their story became a media sensation, the Menendez brothers' trial and lives have been adapted into TV and film numerous times. Their story has been depicted in Lifetime's 2017 TV movie, , starring Nico Tortorella, as well as the 2017 NBC series, , led by Edie Falco, who played the Menendez brothers' defense attorney.
Indiana Jones And The Dial Of Destiny has finally arrived on the big screen – but is this really the end of Indy’s journey?The latest offering marks the fifth instalment of the franchise, and sees acting legend Harrison Ford reprise his role as the daring adventurer at the age of 80.With the first part of the movie being set in 1944, Dial Of Destiny kicks off with the whip-cracking archaeologist looking to retrieve one half of the Antikythera – an ancient dial built by Archimedes – from a Nazi scientist (played by Mads Mikkelsen).The remainder of the film ventures forward to 1969, where Jones partners up with his goddaughter Helena (Phoebe Waller-Bridge) to locate and retrieve the other half, and potentially alter the course of history.The film has received mixed to positive reviews from critics, with some describing it as a fitting send-off for Harrison Ford’s iconic character. But is this the last time we’ll see the actor in that legendary fedora?The Dial Of Destiny has very much been pitched as Indy’s final adventure, and Ford himself has confirmed on a number of occasions that he is now finished with the role.“This is it! I will not fall down for you again,” the actor joked at D23 last year.“I’ll miss the people who I’ve worked with on the film – everyone at Lucasfilm, at Disney, [director] Jim Mangold, and the actors.
When Pharrell Williams unveiled his first collection as Louis Vuitton’s artistic director, succeeding Virgil Abloh, he exceeded expectations. Now, the musician is maintaining momentum with his first campaign for the fashion house, starring Rihanna.
Prince William was seen working on his barista skills as he shined a light on local projects supporting people with experience of homelessness.The Prince of Wales, 41, visited the Mosaic Clubhouse in Lambeth, south London on Monday (26 June) - a charity which supports local people and aims to break the link between mental health struggles and homelessness.The Prince - who last made a public appearance at Royal Ascot last week - spoke with Clubhouse members who had experienced homelessness about how the charity has supported them through some of their most difficult moments. He also met with representatives from Old Spike Roastery, a coffee social enterprise that offers employment opportunities to those people who have experienced housing difficulties.The Prince was seen having a go at brewing his own coffee with people from the enterprise as he discussed their work in supporting people who've been homeless, as he launches his own project Homewards which aims to reduce the number of people in the UK without a secure place to live.
Pamela Van Sant remembered Treat Williams on what would have been their 35th wedding anniversary. The "Everwood" actor died nearly two weeks ago following a vehicular accident in Dorset, Vermont, according to police.
Treat Williams got a send-off from his family and friends on Monday. ET has learned that the actor's loved ones «honored his memory during an intimate funeral» in Vermont.«It happened last night.
Michael Schneider Variety Editor at Large Tyler James Williams has experienced several different kinds of fandom since childhood, starting with films like “Unaccompanied Minors,” and then his starring role in “Everybody Hates Chris,” and even a stint on “The Walking Dead.” But there’s nothing that compares to the passionate audience of teachers who have gravitated his latest series, ABC’s hit comedy “Abbott Elementary.” On this episode, Williams talks about the show’s resonance, his experience as a child actor, where his character’s relationship with Quinta Brunson’s character might be heading and so much more. Listen below! “It’s such a blessing that they feel so represented by it,” Williams tells Variety‘s Awards Circuit podcast. “Now I feel like, if there’s a teacher within ten blocks of me, I’m going to know about it. They’re going to say something. I didn’t realize how much this show resonated with them until going back out into the world. And seeing how willing they are to give all of the love towards us. It’s really been one of the more beautiful experiences of my career.”
There’s another exciting week in store for Emmerdale fans, as the investigation into who pushed Caleb Miligan from the ridge and left him for dead begins to unfold in the Yorkshire village. As regular viewers will know, last week Caleb was pushed from a ridge in the village countryside after he had single handedly managed to cross almost every family in the village with his dodgy dealings in recent weeks.
Indiana Jones may have had his Cannes world premiere, but Disney saved something special for the Hollywood splash of the alleged final chapter in the franchise, Indiana Jones and the Dial of Destiny.
“Just Jack & Will.”McCormack, who played gay lawyer Will Truman, and Hayes discussed the early days of filming the comedy.“In the summer, people were finally checking out the show, and our ratings kept going up and up and up. And I think they realized they had a hit on their hands,” McCormack said, according to People.He added that Sassa took the men out for lunch one day following the conclusion of the premiere season and they walked through a parking lot where they saw “Porsches with ribbons on them.”“Scott went, ‘Anyway, we just want to say thank you,’ ” he said.However, the “Perception” star explained that “Sean leaned over to me — I don’t make this up — and said, ‘Is it expensive to insure a Porsche?’ ““Cause I literally can’t pay rent right now,” he recalled Hayes saying to him.
As soon as DeAndre Hopkins became a free agent, The Cleveland Browns were very much in play to land the star WR. His relationship with QB Deshaun Watson, and Cleveland’s talent pool seemed perfect for the former pro-bowler. Hopkins recently had a visit with the Tennessee Titans.
Treat Williams is being remembered. The and actor died Monday at 71 after being involved in a motorcycle accident.
Treat Williams had an over 50-year career in entertainment, with more than 120 film, TV and theater credits to his name when he tragically died in a motorcycle accident at 71. Williams was a versatile and well-loved actor on and off-screen, with friends and co-stars sharing an outpouring of grief over his death. The Connecticut-born actor got his start in theater and appeared in the original Broadway production of "Grease" as Danny Zuko, as a replacement.
Colleagues, friends and fans are remembering Treat Williams, the versatile and prolific actor who died in a motorcycle crash today at 71. Have a look at a sampling of reaction posted on social media below.
Treat Williams, known for his roles in "Hair" and "Everwood," died following a vehicular accident in Dorset Monday, according to police. He was 71.