By the end of the summer, Netflix will run all of its IT services in the public cloud. The SVOD provider said it is shutting down its last data center soon, the culmination of an initiative that began seven years ago.
In the wake of its cancellation of Steve van Zandt mobster dramedy Lilyhammer, Netflix announced its next original movie, Mascots. The Christopher Guest comedy is slated to premier sometime in 2016, according to an announcement on the provider's website.
As the market rolls into August and well into the third quarter, over-the-top video players and analysts are closely watching the next move that Netflix makes: officially launching in Japan. Slated to take place on Sept. 2, Netflix Japan will be the company's most significant international entry this year, and even CEO Reed Hastings expects a tough slog.
Keeping in line with comments made by CFO David Wells during its second-quarter earnings report, Netflix is moving ahead with its planned launch in Japan. The SVOD provider will debut there on Sept. 2, VentureBeat reports.
Subscription video on demand providers need to keep an eye on the "extremely high" churn rates endemic to the OTT video market segment, a new report from Parks Associates has found. In the past 12 months, 7 percent of U.S. broadband households have cancelled their Hulu Plus subscriptions, a number that represents about half of Hulu's subscriber base.
Five years from now, a viewer will turn on his or her television and see a host of content being offered that is tailored specifically to that individual. Not just a list of cable programs that are on, but a host of selections from TV programming to OTT content, to lifestyle and shopping recommendations-- all changing to suit the time of day or even the viewer's mood, so to speak. At least, that's what content providers want to happen.
AT&T's $49 billion acquisition of DirecTV may have gotten the green light from FCC Chairman Tom Wheeler, but in giving his support he has asked the telco to stick to its word on its FTTH expansion and not discriminate against online video competitors like Netflix whose applications run over its broadband network.
How are online video providers faring against established distributors like Comcast and Verizon FiOS? As the OTT and traditional pay-TV industries increasingly mesh together, Fierce has likewise been reporting these companies' quarterly earnings side-by-side.
The continuing rise of SVOD giant Netflix has analysts cooing over its performance, with at least 7 revising their estimates for its annual performance upward in the past 30 days, an investment research firm noted, and terms like "blue sky" being bandied around in the wake of its strong second-quarter numbers.
Netflix's prospects for success in Japan, its future content strategy, and its potential bandwidth challenges as ISPs like Charter Communications grow their broadband footprint are among the topics analysts will likely want to hear about when the SVOD market leader discusses its second-quarter earnings results.