A fifth of Brits are spending two working days a week watching streaming services

A fifth of Brits spend over 16 hours a week watching streaming services. According to new figures from The Trade Desk, 19% of consumers in the UK spend the equivalent of two working days per week streaming content.  The report also notes an increasing reluctance from consumers to pay for their streamed content however, with […]

Netflix shares drop as post-COVID subs growth slows to among lowest on record

Netflix’s global subscriber growth stalled dramatically in the first quarter of 2021, prompting a sell-off from investors that saw its share price plummet by almost 10%. The Queen’s Gambit streamer had enjoyed rampant growth during 2020 but in its Q1 results yesterday, Netflix revealed it had only added 3.98 million net new paid subscribers, down from […]

Berenberg: NENT stands apart as European SVOD ‘champion’ as other broadcasters look to AVOD

Nordic Entertainment Group (NENT) stands apart as a ‘traditional’ broadcaster that has successfully captured a large share of the digital market in an environment where the COVID-19 pandemic has accelerated a permanent shift to digital video consumption, according to an analysis by Berenberg. Assessing the overall video distribution market, Berenberg believes that “the shift away […]

European Commission takes issue with planned French SVOD rules

The European Commission has expressed reservations about France’s plans to implement in national law new European rules that place obligations on international video-on-demand platforms such as Netflix, Amazon Prime and Disney+. According to information seen by consultancy group NPA Conseil and financial daily Les Echos, the EC has taken issue with key elements of France’s […]

New youth-oriented SVOD BrutX launches in France

Brut, the youth-oriented French media outfit created five years ago by Studio Bagel founder Guillaume Lacroix and former Canal+ producer Renaud Le Van Kim, has launched a new SVOD service, BrutX. The streaming offering, which provides a mix of films, series and documentaries for €4.99 a month, will expand on Brut’s existing media properties, which […]

Government mulls Ofcom regulation for Netflix and other streamers

Tensions between the UK government and Netflix appear to be approaching an all time high, with a culture minister suggesting that the streamer could be brought under Ofcom regulation. The starting point for this dispute stems from the release of the latest season of The Crown, with culture secretary Oliver Dowden saying that Netflix should […]

SVOD stacking becoming the norm in the US

SVOD stacking is increasingly becoming the norm, with a new report highlighting that almost two-thirds of Americans subscribe to multiple streamers. According to new figures from Parks Associates, 61% of US broadband households subscribe to two or more OTT services – up from 48% in Q3 2019. Almost half (45%) subscribe to three or more […]

Amazon: users don’t actually own the video content they buy on Prime

Users should not assume that they actually own their digital purchases – at least that’s what Amazon is trying to argue. A Californian woman sued Amazon in April on behalf of users in the state over the claim that the company “secretly reserves the right” to withdraw content from Prime Video – even if it […]

Smaller SVODs risk failure if they don’t partner up says Moody’s analyst

Smaller SVODs must partner up or set themselves up for acquisition in order to survive, an analyst at Moody’s has said. Neil Begley, senior VP, corporate finance group at credit ratings agency Moody’s has argued that longer term success will be difficult for smaller players in SVOD and that they are “probably going to need […]

UK to double number of SVOD subscribers by 2024

The UK’s increasing dependency on SVOD services has been laid bare with a new report estimating that the number of subscribers in the country is estimated to double in the next five years. According to new figures from GlobalData, the total number of SVOD subscriptions is expected to rise from 22.4 million to 44.6 million […]

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