When asked to choose between their legacy pay-TV and SVoD services, Hulu on-demand users are 37 per cent more likely than Amazon Prime users and 29 per cent more likely than Netflix users to select streaming services over legacy pay-TV, according to new research from The Diffusion Group (TDG). Two-thirds (67 per cent) of Hulu […]
Media giant Lionsgate and Hemisphere, which targets the high growth US Hispanic and Latin American markets with broadcast, cable television and digital content platforms, have launched Pantaya, a Spanish-language OTT service dedicated to premium content for the Hispanic community in the US. The service is available for $5.99 per month with a 7 day free […]
Viacom International Media Networks Southern and Western Europe, Africa and Middle East (SWEMEA) Cluster has secured what it describes as a string of important milestones and deals, covering linear, SVoD and multiplatform distribution in Europe and Africa. VIMN launched the MTV Play VoD mobile app in Germany and Austria. SVoD carriers Showmax and iflix will […]
Netflix is more than $20 billion (€16.9bn) in the red and ‘bleeding cash’ according to a report in The LA Times. The streaming giant has more than doubled its spending this year and is expected to invest more than $6 billion on its slate of programming in 2017. Its negative free cash-flow of $258 million […]
Amazon has revealed plans to increase investment in video content for its Prime Video service during Q3, despite reporting a year-on-decline in net income during Q2. Speaking on the company’sQ2 earnings call, CFOBrian Olsavsky said that Amazon would continue to build on its momentum in the video space, after it took a “significant step up” […]
Asia Pacific OTT revenues from TV episodes and movies will reach $24.41 billion (€27.28bn) in 2022; triple the $8.27 billion recorded in 2016, according to analyst firm Digital TV Research. The total will increase by nearly $3 billion in 2017 alone. China will command half of the OTT revenues for the 22 countries covered in […]
BBC Worldwide has agreed a multi-year licensing deal with Amazon Prime Video, giving its subscribers in the UK and Ireland access to a raft of popular children’s TV series from CBeebies and CBBC. The deal marks BBC Worldwide’s first children’s package on Amazon Prime Video in the territory. Content covered by the non-exclusive agreement includes […]
TP-Vision – brand licensee for the design, manufacturing and marketing of Philips TVs – has confirmed that the company’s new 6162 and 6262 2017 range of Philips Smart TVs will be the first Philips sets to feature the Freeview Play service in the UK. Freeview Play combines catch-up, on-demand services and live television together in […]
WWE (World Wrestling Entertainment) has announced its Q2 financial results. For the quarter, the company reported Net income of $5.1 million (€4.35m) compared to Net Income of $0.8 million in the prior year quarter. Operating income increased to $10.7 million from $1.5 million. WWE Network, the company’s SVoD service, averaged more than 1.63 million average […]
Netflix has announced a “truly Israeli” service, using local language, currency and adding Israeli TV shows in addition to Netflix’s original programming, now starting at ILS 29.9 per month. Through a partnership with its first local partner, Partner Communications, Netflix is also available on Partner TV. “We are delighted to offer a more local Netflix […]