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.
Traditional television is not being replaced by over-the-top video: in fact, services like Netflix can complement linear TV, some executives are saying here at IBC. And while it sounds like rhetoric, there is some hard data coming out that supports the idea.
AMSTERDAM-- Netflix may currently sit atop the online video streaming market, but that wasn't always so. One of the elements that put it there was its decision to invest in high-quality original content, House of Cards producer Lord Michael Dobbs told an audience at IBC here.
Less than a month after Netflix split its red-hot shares and set a new subscriber record, and just a few days past its closely-watched Japan launch, Netflix has announced that it has set its sights on several other Asian countries. The company will launch in South Korea, Singapore, Hong Kong and Taiwan in early 2016, Netflix said.
Netflix is about to go almost all-in on original content: the top SVOD provider's five-year licensing deal with Epix has lapsed, meaning that major movies like The Hunger Games: Catching Fire and Transformers: Age of Extinction are off subscribers' plates. But Netflix's executives haven't been all that fussed about the loss of such popular content, even as analysts have fretted.
It's clear that more viewers are turning away from cable and satellite to view TV programs and movies via an online video service provider, but as the OTT video market continues to evolve, there are a number of questions about user behaviors.