About a month ago, Paolo Pescatore, an analyst with CCS Insight outlined the idea that Netflix may be a shiny acquisition target. While the thought seems a little far-fetched-- Netflix almost certainly has no interest in being bought-- it isn't the first time this possibility has been floated, and now other outlets have picked up the ball and are outlaying cases for acquiring Netflix.
Don't look for Hulu to expand into countries outside the U.S. anytime soon: its CEO, Mike Hopkins, told attendees at a Cannes, France event that while the global broadband market makes a compelling case for doing so, the SVOD provider is only going to look at potential expansion scenarios for now.
Verizon's Go90 mobile video application launched late last week and is reportedly being abetted by an $80 million marketing campaign to get the word out and drum up users, especially among its prized millennial demographic. However, Go90 dropped in app-tracking company App Annie's rankings of apps in Apple's App Store after its debut.
According to app-tracking company App Annie, Verizon's Go90 mobile video service landed at No. 14 in the "entertainment" category of Apple's U.S. App Store in its first 24 hours of availability, behind the likes of Netflix (No. 1), Hulu (#2), Kylie Jenner Official App (#8), Recolor- Coloring Book For Adults (#9) and Triller- Music Video Maker (#13). However, the app did end up ahead of Comcast's XFINITY TV Go (#19) and HBO NOW (#28).
The rights just keep on comin': Amazon Prime announced that it has landed exclusive streaming rights to hit series Mr. Robot, while Netflix-- despite increased focus on original content-- nabbed global streaming rights to three more hit series, locking in Colony, Zoo, and Jane the Virgin.
As Netflix moves forward with its focus on more original series, a new study by Ampere Analysis predicts that the SVOD provider will up its spending to $6 billion before 2018 as it tracks toward a library offering 50 percent original content.
Frontier has finally gone public with its OTT video plans, announcing its new FreedomTV service to target consumers who don't want to purchase a linear TV service.
Could Latin America be getting the chance to stream the older Star Wars films on Netflix? According to a report by The Wall Street Journal, the SVOD provider is negotiating streaming rights for five of the six films with the Walt Disney Co.
AMSTERDAM-- Traditional broadcasters and cable operators hoping to go over the top need to throw away the old business models in which the company knows what's best for its customers. Instead, they need to listen to their customers-- and own the content they provide. According to OTT-focused executives from MLB Advanced Media, Australian Broadcasting Company and others here at IBC, that's the only way they'll find success with viewers.
If you work for a technology success story long enough, you're bound to eventually get the question Phil Libin recently struggled to answer: "What are your favorite apps?" The former CEO of Evernote was a guest in an episode of the Tim Ferriss Show podcast, and he was quizzed about his personal preferences on all manner of things. When it came to mobile apps, though, he sounded stumped. In fact, he gently suggested the death knell for apps is nearer than developers may realize.