Across Samsung Smart TVs in Europe, ad-supported video on demand (AVoD) services’ share of streaming hours per TV screen has increased 5 percentage points since the beginning of the year. This is an ongoing indication of the evolving way in which audiences are accessing content. As the cost of living rises across the world, and […]
Amazon will soon publish its Q3 2022 results. The end of the health crisis, at least in terms of movement restrictions and business operations, the inflationary pressures and the subsequent decrease in purchasing power have significantly impacted the e-commerce giant and hence, its profitability. While Amazon still announced a 7 per cent growth in Q2 […]
Cheaper ad-funded tiers could prove an effective way for families to reduce their spend on video services, according to Annabel Yeomans, Senior Analyst at Ampere Analysis. In a blog post, she notes that Disney+ and Netflix have now confirmed plans to launch a cheaper, ad-funded tier alongside their usual subscription service in a range of […]
Netflix has revealed Q3 results that it says “slightly exceeded” its forecast. Global subscriber numbers were 223.09 million, up from 220.67 million in Q2, following two quarters of declines. Revenue of $7.93 billion (€8.64bn) and earnings per share of $3.10 also exceeded forecasts of $7.84 billion and $2.19. “After a challenging first half, we believe […]
Pluto TV, the free streaming television service, has announced a partnership with Mondo TV Studios, part of Mondo TV Group, a European producer and distributor of animated content. The deal will see a number of titles from the Mondo TV library to Pluto TV in Italy and across various markets in Latin America, including Argentina, […]
Electric Entertainment, the LA-based production and distribution company, has announced that for the first time their AVoD channel and App, ElectricNOW, will be available internationally. The worldwide roll-out strategy will begin with Australia in early November, following shortly thereafter with the Canadian and UK territories. Dean Devlin, CEO of Electric Entertainment, commented “When we first […]
Pearl TV, the coalition of US broadcast companies transitioning to NEXTGEN TV, is expanding expanded support for digital video advertising technology in its Web TV platform, RUN3TV. It brings digital advertising capabilities equivalent to the web and connected TV, and is a key driver for broadcaster’s return on investment in NEXTGEN TV services. Now with […]
Bedrock, a European streaming technology company, has successfully developed the platform for the newly launched 6play max, a new paid tier for Groupe M6’s leading AVoD service in France. In a fast-paced streaming market where hybrid business models (i.e. subscription & advertising revenues) are becoming increasingly important, Groupe M6 wanted to provide a new response […]
Netflix has revealed further details of its lower-priced, ad-supported plan. In a Blog post, Greg Peters, Chief Operating Officer and Chief Product Officer, said the company is “excited” to launch Basic with Ads — its ad-supported plan — in November. The plan will cost £4.99 a month in the UK and launch on November 3rd […]
OTTera, a multi-service technology provider bringing publishers content to life across all major platforms for Connected TV, FAST, mobile & desktop, has announced the appointment of Diana Yurinova as the company’s new Vice President of Global Operations, where she will lead operations and content/channels acquisitions. “After many years in the content production and distribution industries, […]