The Pending Streaming Wars Could See Netflix and Hulu Lose Some of Their Biggest Shows

Warner Bros. Television/Getty Images
Warner Bros. Television/Getty Images

While Netflix spends hundreds of millions of dollars on original content like Orange Is the New Black and Stranger Things and films like Bright and Triple Frontier, it also spends a substantial amount making sure established hits like Friends and Frasier remain available for subscribers.

That might be coming to an end.

AT&T CEO Randall Stephenson told a television industry conference this week that AT&T will shortly be introducing its own streaming service and that it makes sense to keep WarnerMedia content like Friends exclusive in its attempt to capture a lucrative streaming audience. (AT&T owns WarnerMedia.)

For Netflix, the consequence of content owners like WarnerMedia pulling their titles and starting their own rival services could be significant. While people subscribe to Netflix and Hulu for any number of reasons, the ability to stream classic shows is a priority. One Wall Street Journal estimate found that an average Netflix viewer spends 72 percent of their time on the platform watching those library titles. Netflix has allegedly told NBCUniversal, which owns The Office, that the Steve Carell-led series draws more viewing hours than anything else, new or otherwise, on the service. (NBCUniversal is also plotting its own service, and shows like The Office and Parks and Recreation could soon be an exclusive to its offering.) In an era of cord-cutting, shows that people once viewed in syndication are now being binged online.

Hulu may have a leg up in this department. WarnerMedia recently sold its 10 percent stake in that streaming service to Disney, with Disney CEO Bob Iger hinting that the deal may have involved making sure some of its content remains available on the service. Hulu also has the rights to popular NBCUniversal titles like Brooklyn Nine-Nine and This Is Us through 2024.

Without such agreements in place, licensing shows is often for a limited amount of time. Netflix, for example, has rights to Friends only through the end of the year. WarnerMedia could elect to share the series, but if the goal is to drive subscriptions through content that can't be seen elsewhere, it might opt to scoop it back up and leave Netflix without one of its most valuable assets.

One thing is clear. The days of being able to subscribe to a single streaming outlet and getting most of your content needs met are probably drawing to a close. The good news? Not being able to secure another license for Friends will save Netflix quite a bit of money. The streamer paid $100 million for the rights in 2018.

[h/t The Verge]

Target Has Launched a Harry Potter Line of Clothing, Accessories, and Home Goods

Target
Target

No more blending in with the mediocre Muggles—now wizards can decorate and accessorize like the magical creatures they are with Target's brand-new line of Harry Potter clothing and home goods.

Target shoppers will feel like they’ve stepped through Platform 9 ¾ at King’s Cross Station as they wander the Harry Potter-stuffed aisles. Popsugar reports that Target will carry more than 500 Harry Potter-themed items, including socks, lanterns, pillows, dolls and much more.

You’ll be able to wake up in your Hogwarts sheets, have your morning coffee in a Slytherin mug, and take a ride on a foam Nimbus 2000 replica while rocking a Potter t-shirt. Not sure what house you’re in? No sweat! Target is even carrying a real-life sorting hat.

Whether you need a gift for the kiddos, or just want to treat your inner witch, Target is sure to have the perfect find in its Wizarding World line.

House Boasting a ‘Harry Potter Room’ Under the Stairs Hits the Market in San Diego

Cupboard under the stairs featured on the Warner Bros. Studio Tour: The Making of Harry Potter in London.
Cupboard under the stairs featured on the Warner Bros. Studio Tour: The Making of Harry Potter in London.
Matt Robinson, Flickr // CC BY 2.0

When Harry Potter fans dream of living like the boy wizard, they may picture Harry's cozy quarters in the Gryffindor dormitory at Hogwarts. One home owner in San Diego, California is trying to spin one of Harry's much less idyllic living situations as a magical feature. As The San Diego Union-Tribune reports, a listing of a three-bedroom house for sale in the city's Logan Heights neighborhood boasts a "Harry Potter room"—a.k.a storage room under the stairs.

In the Harry Potter books, the cupboard under the stairs of the Dursley residence served as Harry's bedroom before he enrolled in Hogwarts. Harry was eager to escape the cramped, dusty space, but thanks to the series' massive success, a similar feature in a real-world home may be a selling point for Harry Potter fans.

Kristin Rye, the seller of the San Diego house, told The Union-Tribune she would read Harry Potter books to her son, though she wouldn't describe herself as a super fan. As for why she characterized her closet as a “large ‘Harry Potter’ storage room underneath stairs" in her real estate listing, she said it was the most accurate description she could think of. “It’s just this closet under the stairs that goes back and is pretty much like a Harry Potter room. I don’t know how else to describe it," she told the newspaper.

Beyond the cupboard under the stairs, Rye's listing doesn't bear much resemblance to the cookie-cutter, suburban home of 4 Privet Drive. Nearly a century old, the San Diego house has the same cobwebs and a musty smells you might expect from the Hogwarts dungeons, the newspaper reports. But there are some perks, including a parking spot and backyard space for a garden or pull-up bar. The 1322-square-foot home is listed at $425,000—cheaper than the median price of $620,000 for a resale single-family home in the area.

If you want to live like a wizard, you don't necessarily need to start by moving under a staircase. In North Yorkshire, England, a cottage modeled after Hagrid's Hut is available to rent on a nightly basis.

[h/t The San Diego Union-Tribune]

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