Chicken Soup for the Soul Entertainment has formed a joint venture with FUEL TV, the specialist in action-sports content, to create FUEL TV branded SVoD and FAST channels. The companies will combine their respective content catalogues, including Chicken Soup for the Soul Entertainment-owned SVoD channels, which will become FUEL TV SURF, and LiftTicket will become […]
Antipiracy coalition the Alliance for Creativity and Entertainment (ACE) has secured a major victory in its fight against content piracy in the Middle East-North Africa (MENA) region with the shutdown of Cima4U, an illegal streaming service based in Giza, Egypt. Cima4U operated 498 domains that enabled users to stream online content illegally. Through its various […]
Netflix has acquired the rights to the kidnapping thiller movie Animals directed by Ben Affleck and written by Connor McIntyre and Billy Ray. The film will be produced by Affleck, Matt Damon, and Dani Bernfeld of Artists Equity, the artist-led studio founded by Affleck, Damon, and Gerry Cardinale/RedBird Capital Partners — and Brad Weston and […]
Prime Video has acquired the family drama series The Baxters from LightWorkers Media. The series stars and is executive produced by actress, producer, and best-selling author Roma Downey as the family matriarch, Elizabeth Baxter. Also starring is Ted McGinley as John Baxter. The Baxters is slated to stream spring 2024 exclusively on Prime Video in […]
Consumer appetite for subscription streaming services has transformed the industry over the past decade, but data from Omdia has found a notable shift in SVoD ‘stacking’ behaviour. According to Omdia, there has been a significant change in the way consumers are subscribing to multiple streaming services. Previously, consumers would often stack multiple subscriptions to gain […]
Evidence-based insights and consulting company Kantar has released its latest Entertainment on Demand (EoD) data on the US streaming market. Kantar’s EoD study uncovers the following behaviours and findings within the VoD market between October and December 2023: Video Streaming has reached near total market saturation. By December 2023, 123 million US households held at […]
Advertising spend in the UK beat expectations in the third quarter of 2023, according to the latest quarterly data from WARC and the Advertising Association, driven by search and online display spending. Key figures The AA/WARC report finds that spend rose by 15.9 per cent to a total of £9.6 billion (€11.2bn) for the period […]
Netflix added a better-than-expected 13.1 million subscribers in Q4 2023 as it comfortably maintained its status as the world’s leading streaming service. At year end, Netflix reported 260.28 million total subscribers globally. Revenue in the quarter grew 12 per cent year on year to $8.83 billion (€8.1bn). In a letter to shareholders, the company said: […]
During its Q4 earnings call, Netflix revealed that it will phase out its Basic plan for subscribers – starting with the UK and Canada markets in Q2. The subscription tier, which was made unavailable to new and returning users in July 2023, is currently only available to those who were already subscribed to it. It’s […]
TGI Global Quick View 2024 data from audience measurement specialist Kantar Media, which surveys 80,000 people in 37 countries, shows that cost is trumping content as the most important criteria for consumers. Almost half of those surveyed rated subscription prices as a significant factor when choosing streaming services (49 per cent), while 43 per cent […]