FilmStruck OTT service to shut down in November

Turner and Warner Bros. Digital Networks announced that the FilmStruck streaming service, available in the United States and Europe, will shut down on November 29.
According to Variety, two sources familiar with the matter said the decision was made prior to AT&T’s closing the Time Warner deal. In any case, it is aligned with WarnerMedia’s new strategy to focus on mass-market entertainment services, closing niche-oriented business ventures.
“We’re incredibly proud of the creativity and innovations produced by the talented and dedicated teams who worked on FilmStruck over the past two years,” Turner and WB Digital Networks said in a statement. “While FilmStruck has a very loyal fanbase, it remains largely a niche service. We plan to take key learnings from FilmStruck to help shape future business decisions in the direct-to-consumer space and redirect this investment back into our collective portfolios.”
The shutdown of FilmStruck comes a few days after Warner Bros. Digital Networks ended operations of DramaFever, the platform specializing in Korean dramas and other content from Asia, with presence in Latin America.
FilmStruck was launched in the United States in 2016. The catalog includes contemporary and classic arthouse, indie, foreign and cult films, among other contents. The service was developed by Turner Classic Movies (TCM) in collaboration with Criterion Collection. In January 2018, the platform announced its international expansion, with the UK as first market.