Channel 4, defying the government’s contention it can’t work as a PSB, has posted a record set of financial results including revenues topping £1 billion (€1.18bn) for the first time. Turnover rose by 24 per cent to £1.16 billion with a pre-tax surplus of £100 million. Digital advertising revenue, one of the network’s key growth […]
Netflix has revealed it is partnering with Microsoft on new ad-supported subscription plan. “In April, we announced that we will introduce a new lower priced ad-supported subscription plan for consumers, in addition to our existing ads-free basic, standard and premium plans,” said Greg Peters, Chief Operating Officer and Chief Product Officer. “Today we are pleased […]
Young adult-focused French SVoD platform BrutX is to merge into French digital media Brut. The SVoD service, which launched in April 2021 and expanded to Belgium, Switzerland and Luxemburg, will be linked to Brut’s free-of-charge content services on single platform called Brut. According to Renaud Le Van Kim, founder and managing director of parent company […]
Netflux has confirmed that Tudum – the global virtual event that garnered over 25 million views from Netflix fans in 184 countries around the world last year – is returning on September 24th with five global events in 24 hours. Fans can tune for exclusive news, never-before-seen footage, trailers, and first looks, as well as […]
Research firm Parks Associates’ OTT Video Market Tracker service recently reported service-stacking is at an all-time high in the US. Parks Associates’ quarterly survey of 10,000 US Internet households finds 50 per cent reported subscribing to four or more OTT services in 1Q 2022, with nearly a quarter having nine or more services. “Service-stacking in […]
The SVoD service revenue in India is expected to grow at a compound annual growth rate (CAGR) of 15.5 per cent from $1.3 billion (€1.3bn) in 2021 to $2.7 billion in 2026, driven by solid growth in SVoD subscriptions and an increase in unique SVoD household penetration, according to GlobalData, a data and analytics company. […]
Animated movie The Sea Beast debuted atop the Netflix English Films List with 33.52 million hours viewed for the week beginning July 4th. From Academy Award-winning filmmaker Chris Williams (Moana, Big Hero Six, Bolt), and featuring the voice talent of Karl Urban, Dan Stevens and Jared Harris, the film was in the Top 10 in […]
Netflix has revealed that it has a documentary series about global football icon David Beckham in producton. The streaming platform said that the multi-part series will “go beyond the shine of stardom to explore Beckham’s humble working class beginnings in East London, and the drive and determination that led him to become one of the […]
Netflix co-CEO Ted Sarandos has revealed the streaming platform has now passed 10 million subscribers in France. The next most recent update in 2020 claimed 7 million subscribers. “[With] one home representing several accounts, the number of users is even higher,” Sarandos told French newspaper JDD.Addressing the Choose France summit, Sarandos said Netflix, which reports […]
The BBC’s Annual Report reveals the broadcaster reaches 90 per cent of UK adults on average each week, rising to 97 per cent over a month. The BBC says it is the nation’s number one media brand having “increased value for money and become leaner”, while at the same time BBC Studios has broken all […]