With our free press under threat and federal funding for public media gone, your support matters more than ever. Help keep the LAist newsroom strong, become a monthly member or increase your support today.
The Future Of Streaming Has Arrived For Hollywood
Photo by Nicolas J Leclercq on Upsplash
()
Even though the new Croods sequel opened to better-than-expected returns of $9.7 million over the weekend, streaming is clearly the future and the present for Hollywood.
The Hub Entertainment Research firm reports that viewers are streaming 60% more content than a year ago. And the average household subscribes to just under five different services.
Of course, there are more options than ever: When Paramount launches its new streaming site next year, there will be seven such platforms, including the new Peacock and HBO Max services.
November and December historically are some of the best months for box-office grosses. But films like the upcoming Wonder Woman sequel will debut digitally as well as theatrically, and even acclaimed movies such as Nomadland continue to postpone their premieres at the multiplex.
At LAist, we believe in journalism without censorship and the right of a free press to speak truth to those in power. Our hard-hitting watchdog reporting on local government, climate, and the ongoing housing and homelessness crisis is trustworthy, independent and freely accessible to everyone thanks to the support of readers like you.
But the game has changed: Congress voted to eliminate funding for public media across the country. Here at LAist that means a loss of $1.7 million in our budget every year. We want to assure you that despite growing threats to free press and free speech, LAist will remain a voice you know and trust. Speaking frankly, the amount of reader support we receive will help determine how strong of a newsroom we are going forward to cover the important news in our community.
We’re asking you to stand up for independent reporting that will not be silenced. With more individuals like you supporting this public service, we can continue to provide essential coverage for Southern Californians that you can’t find anywhere else. Become a monthly member today to help sustain this mission.
Thank you for your generous support and belief in the value of independent news.
Chip in now to fund your local journalism
(
LAist
)
Trending on LAist
-
The Palisades Fire erupted on Jan. 7 and went on to kill 12 people and destroy more than 6,800 homes and buildings. -
People moving to Los Angeles are regularly baffled by the region’s refrigerator-less apartments. They’ll soon be a thing of the past. -
Experts say students shouldn't readily forgo federal aid. But a California-only program may be a good alternative in some cases. -
Distrito Catorce’s Guillermo Piñon says the team no longer reflects his community. A new mural will honor local leaders instead. -
The program is for customers in communities that may not be able to afford turf removal or water-saving upgrades. -
More than half of sales through September have been to corporate developers. Grassroots community efforts continue to work to combat the trend.
Best of LAist