Leading SVOD provider Netflix saw its shares dip slightly this week immediately following an appearance by Ted Sarandos, head of content, at an investor conference in which he said the company has faced some resistance from content owners as it negotiates for global content rights.
Subscription OTT services like Netflix, Amazon, Hulu and HBO Now are dominating the content discovery race, particularly among millennial-aged audiences. A new Digitalsmiths report found that 78.2 percent of users surveyed said that OTT providers' discovery functions make it easy for them to find content they want to watch.
The Walt Disney Company this week introduced a new SVOD service in the UK called DisneyLife, which offers monthly subscribers a collection of Disney-owned movies, books, music and TV shows. A family account that supports up to six different users costs £9.99 per month, and the service will initially be available in the UK.
A recent survey found that more than half of Americans use Netflix to stream content, though the streaming video on demand (SVOD) provider trails HBO in terms of original content demand, according to another study.
CenturyLink has signed a new long-term bilateral interconnection agreement with Cogent Communications, marking the latest in a string of pacts made between the top telcos and Internet transit providers whose clients include content providers like Netflix.
Netflix, Amazon and Hulu may be well-entrenched as the top three subscription video on demand services in the U.S., but the scrum for higher ranking amid the top-ten services is continuing, with MLB.TV and WWE Network holding the fourth and fifth spots, according to a new report from Parks Associates.
Subscription video on demand services are enjoying a steady rise, with consumer spending growing 23 percent year over year in the third quarter of 2015 to $1.27 billion, a new report by The Digital Entertainment Group said.
LOS ANGELES-- T-Mobile US at its Uncarrier X event here announced Binge On, its new offering to provide video streaming from select online video providers at no extra charge to all its customers who subscribe to 3 GB or higher data plans. Much like its Music Freedom announcement, T-Mobile said that it currently supports free video streaming from 24 video providers, and that it would add more providers in the future based on customer and provider demand.
Netflix is continuing to plumb different content genres as it expands its library of originals, announcing that its next series to premiere will be a documentary about a high-stakes criminal case.
Netflix has been a runaway success for the last few years, but its CEO Reed Hastings admitted there is one threat that always loomed over the SVOD service: TV Everywhere. However, the pay-TV industry's inability to capitalize on their technology meant that operators and distributors have failed to be "relevant for the Internet" as over-the-top providers bloom.