Netflix produces more original content than other streaming services, leading to varied show demand. Famous shows have higher demand, but most originals don’t do well. Facing competition and cuts, Netflix is investing in content that succeeds and bolstering its library.
Read MoreBob Iger clarified his initial comments on sale of Disney’s linear TV networks, saying it was a trial balloon to test Wall Street reaction. Efficiency has improved and it is seeking partnerships with streaming services.
Read MoreAmazon Fire TV has rolled out a new feature with autoplay ads that expand to full screen when the homepage is opened, featuring suggested shows, movies, or streaming services. Customers can opt-out of these ads in the settings menu. The Fire TV Hub holiday feature provides streaming devices, services, and digital titles for purchase and disables autoplay audio and video ads. Amazon Prime Video offers 10,000+ movies, TV shows and Prime Originals with a 30-day trial at $12.99/month or $8.99 on its own.
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Halley and other executives discussed the big mess of free and subscriber streaming, digital inventory, and linear TV, during Paramount’s TV Now conference. Despite tumultuous changes in consumer habits and the business landscape, they maintained optimism that these issues can be resolved. Halley emphasized the inefficiency of targeting people with linear and digital platforms separately.
Read MoreIn Africa, Netflix is losing its market leader status as Showmax claims a 40% share of the streaming market. Despite investing millions on local content, subscription growth remains stagnant. However, a recent 6.8% increase in subscriptions has generated $135 million revenue for Netflix. Challenges such as limited credit and debit card penetration limit further growth.
Read MoreExplore Media Universe with 123 companies gaining $1.7 trillion in market value. Biggest gainers: Meta, NVIDIA, Alphabet, Amazon, Apple, Microsoft. Blocks also felt losses from Alibaba, Dentsu, Audacy and AMC Networks. Get scorecard & high-res map to search for intelligent life.
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YouTube is introducing 37 mini-games, called Playables, to its Premium subscribers. Other tech firms are also entering gaming, with mixed outcomes. YouTube’s Playables may entice Premium subscribers to stay and help keep them engaged.
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NBCUniversal’s Peacock streaming service offers exclusive TV, movies, sports coverage and more from $5.99+/month. Recent changes to the content navigation streamlining “Watch,” “Resume,” “More Info” and “More Episodes” prompts led to a rise in subscribers from 9 million to 28 million.
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Paramount Global is the first programmer to join Go Addressable, a nonprofit looking to raise awareness of data-driven addressable ads. With 73% of advertisers & agencies already using it, they’re hosting their third industry summit in New York today.
Read MoreAmazon is planning to launch ad-supported Prime Video in Australia in June 2024. It will be available later in other countries such as US, UK and Canada. Prime members have the option of paying for an ad-free version, but Amazon Prime is being scrutinized by the FTC for potentially enrolling users without consent.
Read MoreParamount Global’s stock rose 6% Monday amid speculation of more M&A. The company is offering severance if executives are terminated after a change in control and recently sold MMA promoter Bellator to Professional Fighters League, reportedly with a minority ownership stake. Terms of the sale remain undisclosed as Wall Street is skeptical of Shari Redstone’s plans.
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Streaming revenue increased 4% in Q3 2023, reaching $66B. Netflix led at 51%, with domestic avg. rev./subscriber at $10.68/mo. Growth is projected to rise to $76.9B in 2024 and $85.7B in 2025, though subs. growth will slow to 5%. Peacock gained 17% in Q3 while 70% of net adds are from international markets.
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Disney and Charter’s deal allows traditional cable companies in North America to stabilize subscriber levels by transitioning to stream aggregators. Pay TV penetration will decline in 2021, but ARPU will stay over $1,100. The bundle includes select streaming services for TV packages to simplify the cable operators’ businesses.
Read MoreNBCUniversal’s Peacock increased its movie library by 420%, Apple TV+ grew its episodic titles 309%. Warner Bros. Max was up 12%, Netflix 6% while Prime Video decreased movies by 18% with TV shows dropping 1%. Apple TV+ attracted 28 million subscribers across 51 titles after 14 months.
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Vidgo struggled to pay its vendors, leading to an interruption of service for thousands of customers. An enterprise management firm attempted to provide relief but the dispute with Harmonic has remained unresolved. Customers have been left without access and await official word on when services will resume.
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Movistar will increase the price of their Movistar Max plan from €57.90 to €59.90 in January 2024. The move is to enhance coverage, quality and offer consumers a better deal.
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NBCUniversal offers streaming inventory and products like Amazon S3 & LiveRamp’s Safe Haven, & PAM to help smaller brands reach 180 million monthly users. PAM will soon include first-party data & outcome measurement.
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Netflix has exclusive streaming rights to two top global films, Leo and Jawan, creating a foothold in the Indian market. This allows them to bridge Hollywood and Indian cinema, benefiting both and creating success for Netflix.
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Paramount+ launched Premium tier with 4K UHD, HDR10, Dolby Vision and 4 concurrent streams. Subscribers can enjoy films, originals, series, live sports and more for $13.99/month or $124.99/year with 50% off first 3 months.
Read MoreParamount+ Australia launches ‘Mountain of Entertainment’ subscription plan featuring 4K UHD, HDR10 and Dolby Vision format, four concurrent streams, and blockbusters, exclusives, hit shows, international originals and sports.
Read MoreParamount+ and Microsoft collaborate to launch streaming service on Xbox One and Series X/S. Subscribers get access to new original content, CBS classics, Nickelodeon shows and MTV music programs. Offering expanded audience reach via popular gaming platform.
Read MoreParamount+ has launched on Xbox devices in Australia, offering films, series and children’s programming from CBS, Nickelodeon, Comedy Central and MTV. Xbox users can watch Fellow Travelers, Halo, CSI, South Park and other content. Paramount is committed to making their content accessible.
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LG Electronics USA has announced ESPN App with ESPN+ is now available for 2020 & newer LG Smart TVs. Offers 27,000+ live events, on-demand replays, premium articles and Disney Bundle Trio with access to Disney+, Hulu & ESPN+. Availability for 2018/2019 models coming soon.
Read MoreLG Smart TV owners now have easy access to ESPN with the ESPN App and streaming platform, ESPN+. The app offers 27,000 live sports events per year, plus an on-demand library and original content. Users can also subscribe to the Disney Bundle Trio of ESPN+, Disney+, and Hulu. Availability for 2018 & 2019 models coming soon.
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Disney’s Hotstar streaming site hit record viewership of 59 million during the World Cup, beating out rival Viacom18’s 32 million peak. Disney is now facing lower subscription rates in India and considering its future options.
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