SVOD


Netflix splitting DVD and streaming services with Qwikster launch



 Netflix is separating its rental and streaming services and will soon offer rentals under a new brand, Qwikster. Reed Hastings, CEO of Netflix wrote to customers yesterday to say: “I messed up. I owe everyone an explanation.” The admission followed the company’s share price slide after it separated rental and streaming services, effectively hiking […]

Netflix slashes subs forecasts by one million



Shares in streaming and rental service Netflix tumbled yesterday as the US-listed company slashed its domestic subscriber forecasts by a million customers. In July the company rejigged its prices and packaging, effectively raising the price for its top tier service by 60%. 
Company CEO, Reed Hastings, issued a statement yesterday saying that while its financial […]

RTL explains Hulu snub

RTL chief executive Gerhard Zeiler says the pan-European broadcaster has not inked a deal with Hulu because the online video site would not allow it to sell its own advertising. Speaking at the RTS conference in Cambridge in the UK, Zeiler said that the disagreement over advertising had hampered Hulu’s planned international expansion. “Hulu came […]

Three left in for Hulu after DirecTV exit


US pay TV company DirecTV has been knocked out of the bidding for online video service Hulu, according to the Financial Times. It reports that three bidders are now left, Amazon, Yahoo and Dish and that the asking price is expected to come in between US$1.5 billion (€1 billion) and US$2 billion. Its current owners, […]

Netflix loses Starz

US-based over-the-top TV provider Netflix is to lose one of its key content suppliers. Starz, which holds pay TV rights to movies from Disney and Sony as well as a number of original series, has decided not to renew its deal with the company. Netflix’s current deal with Starz, which is seen as an anchor […]

Initial bids for Hulu due tomorrow

Initial bids for US online TV site Hulu are due tomorrow, with Amazon, DirecTV, Google and Yahoo! widely believed to in the running. Yahoo! has been tipped as a possible front runner by US-based Business Insider. However, estimates of the size of bids varies widely from US$500 million (€350 million) up to US$2 billion, depending […]

Netflix to launch in Spain within six months

Netflix is set to roll out its video streaming in service in Spain in January 2012. Pedro Perez, president of local producers association FAPAE, confirmed to trade title Screen Daily that the movie streaming site has contacted Spanish producers ahead of an early 2012 launch. US-based Netflix made its first international expansion in Canada, and […]

Hulu to make first international move in Japan

Online video service Hulu is launching in Japan later this year, marking the company’s first international launch. The company, which is backed by News Corp, NBC Universal and Disney as well as private equity, has long held international ambitions and this is a significant step in its expansion. 
The service will include a raft of […]

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