Revenue from streaming video services jumped 175 percent between 2010 and 2013, from $1.86 billion to $5.12 billion. That massive rise in dollars being thrown at online video is part of the reason why raising the broadband speed bar in the U.S. to 25 Mbps is absolutely essential to continued economic growth, according to Internet Association President Michael Beckerman.
Idaho's Treasure Valley may be an emerging technology hub, but an FCC report points out that there is a lack of broadband availability throughout the state.
The FCC is looking to tighten the rules regarding the interconnection terms service providers like Verizon ask for to accept bandwidth-hungry Web traffic from third party providers like Netflix, reports Bloomberg citing an unnamed person close to the proposal.
The Emmy committee may not have been so friendly to Netflix's highly nominated original series Orange Is The New Black, but the Screen Actors Guild was much more generous, honoring the SVOD-only show with two of its bigger awards on Sunday night.
Reed Hastings, the CEO of Netflix, has come out in support of FCC Chairman Tom Wheeler's assertion that 25 Mbps should be the baseline definition for broadband service.
Subscription video on demand provider Netflix added a record 13 million new subscribers in 2014, bringing its total subs worldwide to 57.4 million. It was the first in a line of good news for investors, as CEO Reed Hastings said that the provider's subscription rate was in line with its forecast for the fourth quarter.
Online retail giant and SVOD provider Amazon is dipping a toe in the traditional movie-release waters, announcing an original-movies program that will see its movies available via Prime Instant Video within four to eight weeks after their release on the big screen.
FCC Commissioner Ajit Pai has asked Netflix to explain to him why it is not providing evidence to counter claims that it has been using encryption protocols to target the open caching servers of certain large Internet service providers.
FCC Commissioner Ajit Pai wants to know why Netflix isn't getting back to him on details about encryption protocols it is allegedly using to target the open caching servers of certain large Internet service providers.
The impressive gains that Netflix and Amazon are enjoying in the video space are hard to ignore: From Kevin Spacey in House of Cards to Amazon's recent announcement that Woody Allen will write a show for the company's Instant Video streaming video service, it's clear that quality, scripted content is increasingly moving online.