Netflix added 24 million new users in 2017 and reported its highest ever quarter for new sign ups in Q4, capping a strong year of growth for the web streaming giant. Announcing its fourth quarter results, Netflix said that it topped its forecast to make US$245 million in operating income while global streaming revenue grew […]
Netflix added a record number of Q3 subscribers in its most recent quarter and announced that it now plans to spend up to US$8 billion on content in 2018. The SVOD giant said in its latest earnings report that it added 5.3 million members globally in the third quarter of 2017, up 49% year-on-year and […]
The global number of pay TV subscribers climbed by 60 million between Q2 2016 and Q2 2017, driven by growth in Asia Pacific, according to Dataxis. The research firm said that global pay TV subscribers reached 1.05 billion in the second quarter of 2017, having crossed the one billion mark during 2016. The Asia-Pacific TV […]
Netflix passed the 100 million-member mark and now has more international than US viewers, in a quarter that saw it surpass customer addition forecasts. The subscription video-on-demand giant added 5.2 million new users globally in Q2, beating its prediction of 3.2 million and setting a second quarter record for net additions. Netflix said it had […]
The US pay TV market declined by 612,000 subscribers in the first quarter of this year, according to research group Dataxis. According to Dataxis, US pay TV operator collectively had 100.3 million customers at the end of the quarter, down 0.61% on the total for December. IPTV players were the worst hit, with a base […]
One in five US streaming subscribers now pay for three or more services, with investment in original content increasingly cited as a key reason for signing up, according to a report by 451 Research. According to 451 Research’s quarterly Voice of the Connected User Landscape (VoCUL) survey, 19% of streaming subscribers are paying for three […]
Subscribers from the 130 countries Netflix expanded to last year account for just 5% of the streaming service’s customer base, according to new research. Despite the slow take-up in new territories, however, the Netflix international subscriber base will overtake that of the US this year, IHS Markit data suggests. The US-listed company launched in 50 […]
The cable industry in the European Union grew from €21.2 billion in 2014 to €22.4 billion in 2015, despite a dip in cable TV subscribers, according to IHS Markit. The research firm’s new ‘2016 European Broadband Cable Yearbook’ claims that the industry grew despite “increasing competition” from traditional and over-the-top (OTT) players. TV accounted for […]
Netflix’s growth rate slowed in the second quarter, with the company missing its sign-up target as more customers than expected cancelled their subscriptions. Announcing its Q2 results, Netflix said that it added 1.7 million new members in the quarter – below its forecast of 2.5 million new members and down from 3.3 million in Q2 […]
TiVo now has more than 5.5 million multi-system operator subscriptions for its TiVo offering after experiencing its “strongest growth in 10 years” for the third quarter ended October 31. TiVo said it added 418,000 MSO subscriptions for its traditional TiVo offering, up 24% year-over-year and 47% compared to the previous quarter. Total TiVo subscriptions, including from […]
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