Roku, the streaming specialist, has reported Q3 net revenue of $912 million (€856.4m), up 20 per cent year over year. Platform revenue was up $787 million (up 18 per cent YoY) and gross profit was $369 million (up 3 per cent YoY). Active accounts were at 75.8 million, a net increase of 2.3 million from […]
Following a decade of cord-cutting, that has seen pay-TV subscribers churning to paid online video services, Omdia expects 2024 to bring a new stage of market evolution, with users of paid online video services moving to free online video. Omdia is tracking several market developments that are driving this pay-to-free (P2F) trend globally. The clampdown […]
White Spark Pictures, the Australian-based VR and TV production company, has announced the launch of a new standalone technology business, Surround Sync. Led by COO and managing director Benn Ellard, the new company will be responsible for the delivery of White Spark Pictures’ game-changing, patent-pending Surround Sync technology to cinemas and other venues around the […]
Inscape, a provider of currency-grade smart TV data, has released data that provides insight into the full extent to which TV viewers are abandoning traditional formats such as cable and satellite for streaming platforms. According to Inscape’s Q2 2023 TV Market Trends report, about 5 per cent of US cable/satellite households have outright quit viewing […]
Screenreach, a UK-based technology company, has reached a multiyear agreement with the NBA to broadcast select games from the NBA season live to commercial venues in Malta via its cloud-based Screach platform. In the NBA’s first collaboration of its kind in Europe, Screach will expand its live game offering by making live NBA games available […]
Rocky, the 1976 boxing movie written by and starring Sylvester Stallone is America’s favourite indie movie of all time, according to a poll of streaming subscribers conducted by Bitcentral’s ViewNexa, the unified workflow solution. The findings come from the company’s new report How to follow the audience: the challenges and opportunities in today’s streaming market. […]
Research by advertising technology provider The Trade Desk reveals that 63 per cent of British adults are open to ads in exchange for free streaming content with 60 per cent subscribing to up to three streaming services. As more viewers continue to shift their viewing habits to content on connected TV (CTV), the research results […]
TMB has announced that its free, ad-supported streaming channel (FAST) At Home with Family Handyman is now available on Samsung TV Plus. Along with the strategic expansion, the channel also adds two new series to the DIY brand’s programming slate, Pet Palaces and Workshop It, set to premiere on October 6th and November 1st respectively. […]
DistroScale, the company behind DistroTV, has announced the launch of ‘Wedding TV by Love Stories TV’ on its platform, with a special focus on Indian weddings. This launch is powered by the DistroTV Platform Services, which offers a solution for media brands to create, monetise, and distribute their own streaming TV channels. ‘Wedding TV by […]
Netflix has announced the promotion of Elizabeth Stone to the role of chief technology officer (CTO). Stone (pictured) joined the streaming platform back in 2020 to lead data and insights. Additionally Netflix has named Eunice Kim as chief product officer (CPO). Kim was previously head of Netflix’s consumer product innovation team “Elizabeth and Eunice have […]