Active investor Carl Icahn has cashed in on his Netflix holding taking advantage of a 4.5 fold gain in its shares since he bought more than nine percent of the company only 14 months ago. Icahn, whose firm acquired Netflix shares for an average price of $58, is booking profits of between $700 million and […]
Netflix has added more than 10 million subscribers in the last 12 months, taking it to 40 million overall, according to the company’s latest quarterly results. Netflix reported revenues of $1.1 billion and a net profit of $32 million for the third quarter of 2013. Around 31 million of its members are in the US, […]
Grabyo, the real-time TV clip-sharing platform, is helping Sky Sports to promote its coverage of the UEFA Champions League by sharing clips of live games – as well as other clips from Sky Sports News – to social and digital channels. The clips will be promoted by NOW TV, Sky’s OTT service, who will be using Grabyo Studio combined with Twitter’s […]
Viaccess-Orca, a global expert in the protection and enhancement of content services, has revealed that Orange Spain will use the company’s TV Everywhere technologies to deliver OTT content as a key ingredient for the multiscreen service it launched at the end of September. Orange Spain selected Viaccess-Orca’s ready-to-deploy solution, built around a unified service platform […]
Sky has reduced the monthly subscription cost of its NOW TV VoD service from £15 (€17.60) to £8.99, to more closely match rivals. The NOW TV website says the service will allow users to “Watch more of the latest and biggest movies 12 months before Netflix or Lovefilm Instant… Unlimited blockbusters whenever you want. No […]
Samsung Electronics America has confirmed the availability of the Samsung Smart Media Player, bringing live TV content and all of the Smart TV apps to consumer’s current TVs that lack Smart Hub capabilities. Packed with more than 100 Smart Apps including Amazon Instant Video, Netflix, VUDU and YouTube, the Smart Media Player also enables viewers […]
Netflix will soon pass HBO in paid US subscribers, as the company prepares to reveal its third-quarter results. Already the world’s largest subscription-video service, Netflix is expected to have reached 30 million paying US customers. Cable providers are starting to see the $8-a-month subscription as an asset, and some are working to integrate Netflix with […]
Buoyed by having gained the upper hand in court battles with US network broadcasters who claim copyright infringement, Internet TV streaming service Aereo has announced plans to launch its technology in the Detroit metropolitan area on October 28th. The Detroit metro area includes nine counties across Michigan and more than 4.2 million consumers. Aereo’s announcement […]
BBC Worldwide chief Tim Davie has revealed his vision for the corporation’s commercial arm, including a major rethink of its digital strategy. Davie said plans for a global iPlayer app had been scrapped, unveiled plans to roll out its digital store into BBC.com, and announced a £30 million-a-year (€35m) increase in programming investment. The plan […]
Arthur D. Little has analysed current technological, market and regulatory trends in the German TV market and how they could impact the future German TV landscape. “One of the key developments in the German market is the move toward paid HD access,” states Lars Riegel, Manager at Arthur D. Little’s TIME and Strategy & Organisation […]