Consumer hunger for over-the-top video continues to rise. Led by subscription video on demand (SVOD) players Amazon and Netflix, over-the-top video revenues are set to top the $10 billion mark in 2014, according to a new report by Strategy Analytics.
Subscription video on demand providers, led by Amazon and Netflix, make up nearly half of over-the-top revenues in North America and are driving a market that will likely top $10.7 billion this year alone, a new report by Strategy Analytics says.
Mobile video apps continue to come to the forefront, with a new report by The Diffusion Group (TDG) finding that 49 percent of U.S. adults who have broadband view video through a mobile app at least once a month.
Netflix's overall revenues surged around 25 percent year over year to $1.34 billion in the second quarter, and the company's profits more than doubled during that period, from $29 million to $71 million.
Verizon has taken the latest stab at the FCC's Open Internet rulemaking proceeding by calling the regulator out on its option to "reclassify" broadband Internet access service as a Title II common carriage telecommunications service.
Continuing to push its stance that ISPs should not impede the open nature of the Internet, Netflix filed comments with the FCC ahead of its net neutrality proceeding. The SVOD provider also published its June speed index, noting that Verizon's average continued to drop despite a peering deal made two months ago.
Verizon may have moved to resolve network congestion issues that impact the quality of experience for its FiOS users that access Netflix's service, but the service provider instead dropped two places in Netflix's monthly speed index.
Verizon has taken the offensive--sort of--in sorting out complaints that its network is responsible for network congestion that impacts the quality of experience for its FiOS customers viewing Netflix.
Top Netflix original series House of Cards and Orange Is The New Black are in the running for top honors, garnering more than 10 nominations each as the 2014 Emmy awards were announced.
Is Amazon testing out free, ad-supported streaming of online content? According to TechCrunch, the retail giant may be trying out the concept.