Video streaming subscribers overtake traditional TV customers for the first time in the UK. What does this mean for the future of TV?
The BBC, ITV and Channel 4 are said to be in talks to create a new joint streaming service to take on the likes of Amazon and Netflix.
There may be very little in terms of detail for Amazon’s upcoming mammoth project bringing The Lord of the Rings to the small screen, but even in its very early stages it looks like it’s setting itself up for failure. First, the series will be an Amazon exclusive, meaning it’ll only be available to subscribers of the Prime Video streaming service or to anyone who is signed up to Amazon Prime. Despite nemesis Netflix throwing money at a number of new shows and original movies (see Annihilation for one of its recent successes), it appears Amazon are trying to outdo them and, in the process, inadvertently place themselves under enormous pressure.