The main global Media & Entertainment companies grew by 13 per cent in the first nine months of 2021, compared to the same period in 2020, according to a study published by Italy’s Mediobanca. Revenues of streaming services increased by 25 per cent, accounting for 18 per cent of total turnover; advertising revenues saw 19 […]
MultiChoice-owned OTT service Showmax is investing in four East African-produced original films and programming. Initially the output will be shown in Kenya this year. The new programming includes a feature film, a crime drama series, a high-level political thriller series set in a fictional county, and a thriller series. MultiChoice has not revealed the amount […]
A Parks Associates report, Data-Based Decision Making for Video Services, finds 36 per cent of OTT subscribers, roughly 32 million US households, are ‘service hoppers’ – defined as OTT subscribers who switched between services and resubscribed to services multiple times in the previous twelve months. The report details the challenges in OTT subscriber acquisition and retention […]
2022 is set to be a decisive year for streaming platforms’ market expansion across Europe, with an especially busy launch calendar in Central and Eastern European markets, reports Dataxis. On March 8th, HBO rolled out its new streaming service HBO Max across Central Europe, where the broadcaster was already well implanted since the launch of […]
Netflix is partnering with ASO for a documentary series on the 2022 Tour de France Cycle race. In partnership with France Télévisions and produced by Quadbox, the series will follow the journey of eight teams participating in the famous bike race. The eight-episode documentary will take on all actors of the Tour de France, from […]
Consumer research from Leichtman Research Group (LRG) finds that 83 per cent of US households have at least one streaming video service from fifteen top direct-to-consumer (DTC) and SVoD services; including 67 per cent of all households with Netflix. However, not all Netflix and other DTC services are paid for directly by those who use […]
YouTube is ranked number one in the 50 Coolest Brands for Kids & Teens unveiled by Beano Brain, the specialist kids and family insights agency. Netflix, McDonald’s, Amazon and Disney make up the rest of the top 5 according to the survey of 30,000 7-14 year olds. There were some notable gender differences, with social […]
The second season of Bridgerton debuted on Netflix with 193.02 million hours viewed for the week beginning March 21st, making it the most viewed Netflix English language TV title in its premiere weekend. The series was #1 in 92 countries. Fans also returned to the series with Season 1, which jumped back onto the Top […]
A private equity consortium is to buy Nielsen for $16 billion (€14.3bn). A group of VCs led by Elliott Management and Brookfield Asset Management will pay $28 a share, up 10 per cent on their initial and a 60 per cent premium on the stock before the offer was launched. Taking the business private, the […]
Netflix has revealed plans for a new Central and Eastern Europe (CEE) hub in Warsaw, Poland – and has laid out its production plans for the region. Larry Tanz, Vice President Series, EMEA at Netflix, said in a blog post: “It’s been seven years since we started the Netflix journey in Central and Eastern Europe […]