The future is looking brighter for the film and TV industry as we enter the final stretch of the film financing era, with companies from Netflix to HBO to Netflix itself looking to invest in green projects.
With this in mind, it’s worth taking a look at which companies are investing in green-friendly technology.
The Hollywood Reporter’s analysis of all of the biggest and biggest companies found the following: Netflix: Netflix has been working to invest $100 million in green technologies since the beginning of 2017.
The company has announced that it’s in talks with the U.S. Department of Energy (DOE) to explore using solar energy for energy storage.
“We’re very excited about the opportunity to partner with DOE to explore this energy storage technology,” Netflix CEO Reed Hastings said.
“As the world’s most-watched content provider, we see the need for energy-efficient products and processes to continue to drive the benefits of innovation.”
Netflix said the technology will be able to store data in the cloud and then distribute that data to consumers, reducing costs for consumers.
The technology will also be used to make and distribute the Netflix streaming service, which is currently available only in the U, and has a free trial period.
Netflix has also begun working with a company called NextEra Energy to explore a project to use its renewable energy assets to create renewable energy.
Netflix also said it would be investing $100m in green technology in 2018 and 2019.
HBO: HBO has been developing its own green projects since the start of 2018.
It announced that the company was in talks to invest up to $1 billion in green energy projects, with an aim to eventually use its energy for its own projects.
“The HBO Foundations has been in close consultation with the DOE on energy efficiency initiatives and we are committed to supporting the DOE’s efforts to address climate change through the implementation of its Climate Change Action Plan,” HBO said in a statement.
“HBO Foundations is working with DOE and other government and non-governmental partners to ensure that these efforts are successful and are aligned with the organization’s mission and vision.”
HBO said the company would be working with the Department of Defense to develop a pilot for a system that would use solar power to power its servers, and that it would also invest $200 million to support green energy initiatives at its cable television division.
Netflix and HBO also said they would be partnering with a research institute called the International Center for Research on Solar Energy, to develop the first commercially viable green energy system.
HBO said it planned to announce more green investments in the coming months.
Amazon: Amazon is already using solar power on its video service, Prime Video, and plans to start using it on other areas of its business, too.
“Our mission is to create an ecosystem that enables us to grow our business, innovate and drive real world change while supporting people, communities and the planet,” Amazon CEO Jeff Bezos said.
Amazon has also invested $50 million in its green efforts, including its own research institute.
Netflix is also partnering with the Energy Innovation Center of the United States (ECUS) to work on the development of a solar-powered data center, and Netflix is building its own solar-power plant in Texas.
Amazon’s chief technology officer, Andy Barr, also said Amazon is exploring using renewable energy in its data centers to help its cloud-based video service run faster and with fewer server-load disruptions.
Amazon is also looking to become more green with its distribution centers in the United Kingdom and Australia.
The Amazon Fire TV streaming device will be available in India, and Amazon will also start building solar energy systems to power the company’s fulfillment centers in India.
Amazon also said in 2018 that it was working with its U.K. and Australian partners to install green energy storage in its distribution center in the UK.
Netflix: Amazon has been investing in renewable energy projects for more than a decade, with the company investing $30 million in renewable technologies from the beginning in 2016.
“Over the last few years we have invested heavily in our business to help us continue to scale our business and grow,” Netflix said in its statement.
Netflix said it will continue to work with the EPA to explore how to better manage and capture carbon dioxide in the energy sector.
Netflix already has been testing solar energy to power servers in India and will expand its efforts to further reduce the carbon footprint of its production and distribution centers there.
Netflix’s solar system will use solar panels to generate electricity.
Netflix expects to expand its solar efforts to other parts of the world, including the United Arab Emirates and the United Republic of Tanzania.
HBO is also exploring how to use green technology to reduce the number of servers that it runs, and is also planning to install solar energy storage and distribution systems in its U, China and Australia operations.
Netflix, Amazon and HBO are also investing in research and development for renewable energy and renewable energy infrastructure.