The personal entertainment experience has embarked on a significant shift now that on-demand delivery of video is widely available worldwide and to an increasing number of connected devices, according to IMS Research. The research firm forecasts that in 2016, over-the-top (OTT) video services will generate $16.4 billion in 2016 and video-on-demand (VOD) services from pay-TV […]
Within ten months of launching its service in Canada, Netflix has surpassed one million members. The milestone was reached in July. “We’re thrilled that Canadians have embraced Netflix so rapidly, and are we’re equally proud to have welcomed one million members in such a short period,” said Reed Hastings, Netflix CEO and co-founder. “Our focus […]
Time Warner, the owner of Warner Bros, Turner Broadcasting and Time, has reported a 10 per cent rise in revenue for the quarter that ended in June — its highest growth rate since 2007 — and slightly revised upward its earnings guidance for the year. The company’s total revenues were $7.03 billion, up from $6.38 […]
Western Digital, a specialist in external storage solutions and maker of the popular WD TV media player family, is making the Hulu Plus subscription service available to its WD TV Live Plus and WD TV Live Hub family of media players. WD TV customers can now watch hit TV shows, movies and catch up on […]
DVD sales have seen a 5.7 per cent fall in revenue to just more than £1bn for the UK video entertainment sector in the first half of the year. Spending on digital viewing via download and streaming services to portable devices rose 18 per cent year on year, according to figures from the British Video […]
Following comments made earlier in the year by BBC Director General Mark Thompson that an international version of the iPlayer app would be made available later in 2011 for “a small number of dollars per month, definitely fewer than ten”, BBC Worldwide, the BBC’s commercial arm, has confirmed that it is now offering audiences across […]
ITV has confirmed plans to launch its TV micropayment system in January, as the broadcaster forecasts an end to its summer advertising slump in September with television ad revenues expected to be “broadly flat”. “Our pay mechanism will launch at the turn of the year; we have picked our partners,” said the ITV chief executive, […]
Netflix shares have tumbled more than 10 per cent after the DVD and online video streaming service’s warning that a recent price rise would cause some customers to downgrade or cancel subscriptions. The company, which was reporting second-quarter results, also warned that revenues would “only grow slightly on a sequential basis” following the price change, […]
On-demand TV revenues from movies and TV programmes (and excluding revenues from other sources such as sports and adult and also excluding SVOD packages) will reach $5.7 billion in 2016, up from $3.6 billion in 2010 and $2.1 billion in 2006, according to the On-demand TV Forecasts report published by Digital TV Research (DTVR). By […]
Following midweek indications that prospective bidder Microsoft would not be pursuing its interest in buying online video service Hulu, reports now suggest that Apple could be considering entering the fray, according to “two people who weren’t authorised to speak publicly”. The two sources spoke with Bloomberg, describing the negotiations as “early talks that may lead […]