Parrot Analytics: Dutch joy for Stranger Things

Stranger Things has regained its place atop Parrot Analytics’ originals in-demand chart, with the retro sci-fi series dominating attention in the Netherlands for the week ending September 24. Parrot Analytics analyses the demand for recent popular digital titles across international markets, based on the application of artificial intelligence to expressions of demand across social media, […]

Netflix shares set for worst quarter in seven years

Netflix’s shares took another tumble on Tuesday, setting the company on course for its deepest quarterly decline since 2012.  The streamer’s stock price dropped nearly 4% after two analysts further highlighted the threat of the upcoming Disney+ to Netflix’s market share.  Pivotal Research drastically cut its price target for Netflix’s stock from US$515 to US$350, […]

Netflix CEO admission causes stock to plummet

Shares in Netflix took a nosedive following CEO Reed Hastings’s admission that Disney+ and Apple TV+ will provide the company with additional competition. The statement, made while speaking at the Royal Television Society conference in Cambridge, is not surprising to anyone following the industry, but it was evidently enough to spook shareholders as the price […]

Netflix spends big on Seinfeld rights

Netflix has picked up global streaming rights to US sitcom Seinfeld in a major coup for the business. The streaming giant has struck a deal with Sony Pictures Television for all nine seasons of the show, which are set to launch on the platform in 2021. The five-year deal comes on the back of Netflix losing […]

Canal+ announces Netflix bundle deal

French pay TV operator Canal+ has announced a partnership with Netflix that will see the streaming service included in its bundles. From October 15, subscribers to Canal+’s Cine/Series package will have access to the Canal+ premium channel in addition to the Netflix service. The €15 per month bundle will include the standard Netflix package of […]

Video over 60% of internet traffic; Netflix alone is 12%

Video makes up over 60% of the total downstream volume of traffic on the internet, a new report claims. According to the 2019 Global Internet Phenomena Report from network intelligence firm Sandvine, video is dominant on the internet. Netflix alone accounts for 12.60% of the total downstream volume of traffic across the entire internet and […]

New French media law to oblige Netflix to invest in local production

French minister of culture Franck Riester has presented his plans for a new media law that will impose new obligations to finance local content creation on the country’s main TV channels and on streaming services such as Netflix and Amazon Prime Video. The plan is to force channels and video-on-demand services to devote a minimum […]

Netflix applies for Turkish licence under strict new regulatory regime

Netflix is among media groups applying for a licence to continue to operate in Turkey under new media regulations, according to Ebubekir Sahin, the head of media regulator RTÜK. Sahin tweeted that the authority had received applications from over 600 organisations including Netflix, Blu TV, Puhu TV, Turkcell, Vodafone, Digitürk and Tivibù after rumours spread […]

Canal+ ‘finalising’ distribution deal with Netflix

Canal+ is in advanced talks about a deal to distribute Netflix on its platform, according a report by French newspaper Le Figaro. According to the paper, the negotiations between the pair are well advanced and could lead to an agreement being finalised over the next few weeks. Netflix would be available as an option to […]

Futuresource: Netflix driving SVOD in France, but multi-subscriptions lag

Netflix is driving growth of subscription video-on-demand in France, but multiple SVOD subscriptions, which have yet to take off, are expected to grow with the launch of new entrants over the next couple of years, according to Futuresource Consulting. According to the research outfit, total video entertainment consumer spend in France is expected to exceed […]