Sep 17, 2019

HBO Max gets U.S. streaming rights for "The Big Bang Theory"

Photo: Sonja Flemming/CBS/Getty Images

HBO Max has acquired the U.S. streaming rights to all 12 seasons of "The Big Bang Theory" for 5 years in a deal worth close to $500 million, a person familiar with the deal told the Wall Street Journal.

Why it matters: Streaming services are increasingly willing to enter into mega-deals for the streaming rights to enduringly popular network shows to provide a foundation to draw in viewers along with their original content.

Go deeper: Seinfeld is coming to Netflix in 2021

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New streamers battle over old shows

Photo by George Lange/NBC/NBCU Photo Bank via Getty Images

Streaming services are putting up billions of dollars to win the rights to TV classics like "Friends" and "Seinfeld," both of which debuted over 2 decades ago on broadcast.

Why it matters: Many of these classic shows had previously been made available on other streaming services, but they're now being scooped up — and often for a lot more cash — by rivals that think they're necessary to compete for users.

Go deeperArrowSep 23, 2019

A streaming month to remember

Illustration: Aïda Amer/Axios

April 2020 will be a decisive moment for the future of television. Jeffrey Katzenberg's short-form video app Quibi, NBC's streaming service Peacock, and AT&T's streaming service HBO Max are all slated to launch within weeks of one another that month.

Why it matters: The threat of competition from these services is already starting to shake investor confidence in Netflix, which has been the dominant player in the streaming field for years. The company's stock hit its lowest point this year on Tuesday.

Go deeperArrowSep 28, 2019

HBO fends off streamers at Emmys while other TV networks struggle

Photo by Kevin Winter/Getty Images

HBO managed to thwart competition from big streaming companies again Sunday night, taking home far more Emmy wins than any other network or streaming company.

Yes, but: Other legacy cable and broadcast networks otherwise had a rough night. All other broadcast and cable networks combined nabbed 24 awards — 10 fewer than HBO.

Go deeperArrowSep 23, 2019