Netflix has enjoyed remarkable growth these past few years. Hollywood has welcomed the OTT player as a fresh window for sales of its back catalogues, and the investment community has backed Netflix’s rocketing share price as success bred confidence in the narrowcaster’s business model. But Netflix is now beginning to face tougher headwinds if a […]
Australian filmmaker Baz Luhrmann, famed for movie adaptations such as The Great Gatsby and Romeo + Juliet, is heading to Netflix with a new musical drama. The show, entitled The Get Down, is set in New York City in the 1970s and centres on a group of teenagers from the South Bronx. Luhrmann will direct […]
As more traditional content providers move toward offering stand-alone OTT subscription video on demand (SVoD) services, many industry pundits are predicting the demise of traditional television viewership and multichannel services, declaring that the era of a la carte is finally here. New data from Horowitz Research, however, indicates that these changes in the industry represent […]
Netflix will expand into Japan this autumn, as it moves to complete its global rollout by the end of 2016. “With its rich culture and celebrated creative traditions, Japan is a critical component of our plan to connect people around the world to stories they love,” said Reed Hastings, chief executive officer at Netflix. “As […]
Yet another round of rumours about Apple’s pay-TV ambitions have been sparked by reports it is in licensing talks with programmers for the development of an OTT subscription TV service . According to the report in Re/code, Apple is exploring deals that will clear the way for an OTT service that would offer “bundles of […]
Leisure and technology sector investor YOLO Leisure and Technology has paid £550,000 for a 5.1 per cent stake in live streaming and live-to-video on demand services provider Simplestream. “Live video streaming is the fastest growing element of over-the-top services, and targets the increasing trend to watch broadcast and video on demand programming on devices other […]
Priming its weaponry as it prepares for the launch of Netflix in March, Australian SVoD service Presto has confirmed that Foxtel Broadband subscribers will enjoy no data download limits when accessing Presto’s unbelievable TV and movie entertainment. The news comes on the heels of the announcement by Foxtel that it has now launched triple-play bundles. […]
Netflix has unveiled plans to offer $1.5 billion in senior notes and plans to use the proceeds for “general corporate purposes, which may include content acquisitions, capital expenditures, investments, working capital and potential acquisitions and strategic transactions.” The company originally said it would raise $1 billion but then later increased the offering to $1.5 billion, […]
French broadcaster TF1 will launch the first SVoD service targeting kids in France on February 5th. Branded ‘TFou Max’, TF1 says the service isn’t seeking to compete with Netflix or other French VoD platforms such asCanalPlay, but to take advantage of children’s growing non-linear viewing. Targeting the 3-12 year-old demographic, with specific sections for the […]
Futuresource Consulting’s latest wave of Living with Digital consumer research highlights the continued shift in entertainment behaviour amongst respondents. One key trend is the emergence of TV as an increasingly connected device, either directly on the connected TV or through ancillary devices such as digital media adaptors (DMA) or connected set-top-boxes, both of which have […]