Megogo announces strategic shift

Ukrainian and Russian over-the-top service, Megogo, has highlighted the production of its own “niche and non-format content” as one “several new directions” for the company. Megogo said that in the next six months it plans to start filming a reality show, producing educational content, and experimenting with audio podcasts for mobile users. It also said […]

European movies struggling to get on-demand despite SVOD boom

Despite strong growth in on-demand revenues, European movies are struggling to achieve VOD distribution, according to a new report by the European Audiovisual Observatory. The report noted that VOD aggregators are playing an increasingly prominent role in determining the make-up of on-demand catalogues. Total pay on-demand revenues in the EU grew by over half between […]

BBC Worldwide confirms BBC Store closure

BBC Worldwide is shutting down its transactional VOD service, BBC Store, amid changing viewing habits and weak demand for the offering. The BBC’s commercial arm today confirmed that it would close down the service, which went live just eighteen months ago, as viewers increasingly opt for third-party subscription video-on-demand offerings provided by the likes of […]

Tubi TV raises US$20 million in funding

Ad-supported video-on-demand service, Tubi TV, has raised US$20 million in Series B funding. ‘Expansion stage’ venture firm Jump Capital led the round, with participation also coming from new investor Danhua Capital and return backers Cota Capital and Foundation Capital. The Wall Street Journal first reported news of the financing, which was confirmed on Twitter by Tubi […]

Ringier Axel Springer buys out TVN, takes full control of Onet

Ringier Axel Springer Media has become the sole owner of Polish web portal Onet after buying the remaining 25% of the business it doesn’t already own from joint venture partner TVN. The acquisition stems from an agreement signed by Scripps-owned Polish media company TVN and Ringier Axel Springer Media in 2012, the year that the […]

Report: Apple aims for 10 originals this year

Apple is reportedly aiming to release as many as 10 original series this year through its subscription Apple Music service. According to a Bloomberg report, Apple is working on “several” music-themed documentaries alongside its previously announced series Carpool Karaoke and Planet of the Apps. “For a music streaming service, we’re building a very decent slate,” Apple […]

Channel 4 launches personalised TV ads

UK broadcaster Channel 4 has launched a new interactive VOD format that lets advertisers address viewers by name. Using data provided by the 15 million people registered to Channel 4’s digital and on-demand service All 4, advertisers will be able to incorporate the individual names of viewers into the audio of their ads. Launch partners Foster’s, […]

Eutelsat, Broadpeak partner for satellite-to-mobile video

Eutelsat has partnered with CDN provider Broadpeak to offer satellite delivery of live TV and VOD to mobile devices. Eutelsat is targeting content providers with the satellite-based solution, called SmartBeam, which will use Broadpeak’s nanoCDN product as the underlying streaming technology. Russian pay TV operator, Tricolor TV, is the first named partners for the service, […]

Films and series dominate pay on-demand services

Film and series channels account for over three in five of all paid-for on-demand services in Europe, according to statistics from the European Audiovisual Observatory. According to the Observatory, movies and series-based VOD offerings account for the overwhelming majority – 61% – of services, with generalist services and adult channels accounting for 12% each, followed […]

Ericsson: consumers see more value in VOD than linear, mobile viewing exploding

Consumers are turning to on-demand services in unprecedented numbers, are spending longer searching for content on VOD sites than on linear TV and are viewing more user-generated content as a proportion of their total video viewing time, according to the latest findings of Ericsson’s Consumerlab research project. Mobile video viewing is also growing dramatically, with […]