Video


Global TV and video service revenue to reach US$559bn in 2022

Consumer and advertising spend on TV and video services will grow 14% globally from US$490 billion in 2017 to US$559 billion (€491 billion) in 2022, with OTT video to account for 90% of this growth. This is according to Strategy Analytics, which estimates that consumer spend and digital ad revenues for over-the-top video services will […]

ONS: 46% of UK adults use services like Netflix

The proportion of UK adults who watched on-demand video from commercial services like Netflix has risen from 29% in 2016 to 46% in 2018, according to the Office for National Statistics (ONS). While the ONS said that the most popular online activity in 2018 is sending or receiving emails, with 84% of adults doing this, […]

Twitter signs 50 new video deals in Q2

Twitter signed 50 new video deals in Q2, including with major companies like ESPN, NBCUniversal and Viacom, as it also continued to improve the video experience on the service. The social network agreed 50 new live-streaming, highlight, Amplify, and video-on-demand agreements in the same quarter that it launched a “scalable new event infrastructure” to make […]

Spotify appoints Condé Nast exec as chief content officer

Spotify has appointed Condé Nast’s president of entertainment, Dawn Ostroff, as its chief content officer, overseeing partnerships across music, audio and video. Ostfoff, who has a strong background in television, replaces Stefan Blom, who was the music streaming service’s New York-based chief strategy and content officer until earlier this year. Ostroff helped to found Condé […]

Purnell: BBC must ‘change faster’ to compete against global players

The BBC needs to “change faster” in order to reach more young people and compete against powerful online video and audio providers like Netflix and Spotify, according to James Purnell. Speaking at the EBU’s ‘Truth and Power’ conference this week, the BBC’s director of radio and education said that the BBC’s goal is not to […]

Report: Instagram to make a push into long-form video

Instagram is reportedly planning to allow video uploads of up to an hour and is looking to roll out a professional video hub as part of its service. The Facebook-owned photo sharing site has had conversations in recent weeks with content makers and publishers about producing long-form video for the platform, according to a Wall Street […]

eMarketer: 16% mobile video time growth in UK this year

The time people in the UK spend watching video on smartphones is due to grow by more than 16% this year, according to eMarketer stats. The forecast, which is included in eMarketer’s UK Digital Video and TV 2018 report, estimates that UK adults will spend an average of 28 minutes per-day watching video on smartphones this […]

YouGov: 3% of UK adults list video as ‘top priority’ on mobiles

Just 3% of UK adults listed watching videos as a top priority when using their mobile phones, according to YouGov research The study, conducted by YouGov on behalf of US-based mobile network testing company Global Wireless Solutions (GWS), found that the most important phone functions for UK adults were making calls at 69%, texting at 53% […]

Facebook to up video investment in 2018 as it focuses on social interactions

Facebook plans to ramp up video investment throughout the rest of the year as it looks to differentiate its offering from rivals like YouTube by focusing on personal connections. Speaking on the company’s first quarter earnings call, CEO Mark Zuckerberg said that while passive video consumption is down on the site – a result of […]

Endeavor acquires NeuLion for US$250m

Endeavor, the parent brand of companies including WME, IMG and UFC, has agreed to buy over-the-top video technology company NeuLion in a deal valued at roughly US$250 million (€200 million). Endeavor has agreed to acquire each share of outstanding common stock of NeuLion for USD $0.84, in an all-cash deal that will establish NeuLion as […]

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