The global theatrical and home entertainment market rebounded in 2021, reaching $99.7 billion (€90.9bn) in consumer spending and surpassing 2019’s value, according to a report from the Motion Picture Association (MPA). When the pay-TV market is included, the combined figure for consumer spending reached $328.2 billion, matching 2019’s record high. The pay-TV market includes monthly […]

News organisation CNN has confirmed that streaming subscription service CNN+ will debut on March 29th in the US priced at $5.99 (€5.48) per month or $59.99 per year. Early subscribers that sign up within the first four weeks after March 29th directly with CNN+ will have access to what the broadcaster calls the ‘Deal of […]

In a move they say will maximise digital and multiplatform opportunity, trade body Digital Radio UK’s activities are to be transferred into Radioplayer, a non-profit partnership between the BBC and commercial radio, as part of plans jointly agreed by the BBC, Global, Bauer and Radiocentre to restructure the two radio industry bodies, following the Government […]

Findings from Leichtman Research Group indicate that the largest pay-TV providers in the US – representing about 93 per cent of the market – lost about 4,690,000 net video subscribers in 2021, compared to a pro forma net loss of about 4,870,000 in 2020. The top pay-TV providers now account for about 76.1 million subscribers […]

The Asia Pacific pay-TV sector is the most vibrant in the world, with subscriber numbers increasing by 26 million over the next five years, according to the Asia Pacific Pay TV Forecasts report from analyst firm Digital TV Research. Pay-TV penetration will stay at two-thirds of TV households. China and India together will account for […]

TV advertising investment in the UK increased by over £1 billion (€1.2bn) in 2021 to reach a total of £5.46 billion, an increase of 24 per cent on 2020 (and 11 per cent up on pre-pandemic 2019). This represents a record level of investment in TV advertising. The previous high of £5.28 billion was in […]

Comcast and Apple have confirmed the launch of Apple TV+ across Comcast’s entertainment platforms in the US, including Xfinity X1, Xfinity Flex and XClass TV. Apple TV+ has begun its rollout on Xfinity X1, Xfinity Flex and XClass TV and will be available across all eligible devices in the coming days. Apple TV+ launched on […]

OTT TV episode and movie revenues for 19 Latin American countries will double to $14 billion (€12.9bn) in 2027, according to the Latin America OTT TV and Video Forecasts report from analyst firm Digital TV Research. This growth comes despite the poor economic situations in most countries. SVoD will contribute $9.7 billion by 2027. From […]

In a move that it says will create a “global leader in edge enabled software solutions”, content delivery specialist Limelight Networks has entered into a definitive agreement to acquire Yahoo’s Edgecast, a provider of edge security, content delivery and video services, in an all-stock transaction. The transaction values Edgecast at approximately $300 million (€275.7m), or […]

Netflix and TikTok have halted their services in Russia. Netflix, which has already suspended all production and acquisition activity in the country, said in a statement: “Given the circumstances on the ground, we have decided to suspend our service in Russia”. Netflix is believed to have around 1 million subscribers in Russia. Netflix was joined […]