When Netflix content guru Ted Sarandos first proposed the strategy to release films in theaters and on its SVOD service on the same day, theater owners went into a minor uproar. That attitude hasn't appeared to soften in the face of a proposed new transactional service, Screening Room, which would let viewers pay $50 to watch a movie at home the same day it's released in theaters.
Netflix, HBO Now and Hulu are some of the "most important" paid online subscriptions to consumers, well ahead of their paid subscriptions to other services such as streaming music and shopping services, a new survey by Vindicia revealed. What's more, 90 percent of adults surveyed by the online billing services provider said they were interested in upgrading to higher subscription tiers with added privileges like discounts, exclusive offers and access to premium content.
As viewers in China prepared to settle back and watch a bilingual live-stream of the 88 th Academy Awards, word spread that iQiyi's stream had been abruptly cancelled.
BARCELONA, Spain-- Netflix said that fully half of all of its users watch video via the company's streaming service on their smartphones during any given month. However, the company said that only 10 percent of the company's total streaming load is sent to those smartphones.
A new report estimates that despite intensifying competition and the possibility of subscriber saturation, Netflix will have more than 175 million subscribers within four years-- more than double its current worldwide subscribership of 75 million. And the vast majority of that growth will still be in the United States.
The number of U.S. households that stream over-the-top video using a subscription video on demand service has risen to 57 percent, according to a new report from Leichtman Research Group. Furthermore, 48 percent of U.S. adults stream either Amazon, Hulu or Netflix on a monthly basis.
Call it a performance bonus: Amazon original series Mozart In The Jungle, which debuted last year and recently walked away with two Golden Globe awards, has been renewed for a third season. Likewise, Netflix extended the run for one of its multiple award-winning shows, Orange Is The New Black, renewing the series for three more seasons.
Sports network ESPN will have a presence on Chinese online video provider Tencent's platform following a deal between the two companies. Under the agreement, ESPN will create and distribute locally-focused live sports content in China across Tencent's digital platforms.
Global content rights are no longer Netflix's biggest problem, at least in Indonesia: the country's state-run telecommunications provider, Telkom, has blocked the SVOD provider citing objectionable content in its lineup as well as permit issues.
The FCC's 25 Mbps broadband definition is facing a fresh round of criticism from a number of Senate Republicans who say that video streaming sites such as Netflix and Amazon require speeds that are far lower than the regulator's requirement.