Tencent acquires the ‘Netflix of Asia’
Iflix, dubbed the ‘Netflix of Asia’, has been acquired by Hong Kong-based Tencent, as the firm takes another step towards its dream of becoming the streaming giant of South East Asia.
Iflix, dubbed the ‘Netflix of Asia’, has been acquired by Hong Kong-based Tencent, as the firm takes another step towards its dream of becoming the streaming giant of South East Asia.
As expected, Netflix has experienced a material benefit from many societies being placed under lockdown thanks to the on-going coronavirus pandemic.
European Commissioner for the Internal Market Thierry Breton has been on the phone to Netflix CEO Reed Hastings to officially request the streaming service slowdown downloads.
The streaming revolution has changed our content consumption habits and now NBCUniversal could add further pain to the cinema industry by offering theatrical releases as in-home rentals.
There might be a lot of pretenders to the video streaming crown but data from the US demonstrates one thing; no-one comes near Netflix.
Video streaming giant Netflix reported revenue growth of 31% on the back of 21% subscriber growth, but it will face a lot more competition this year.
The older characters in the room might not get the appeal of small(est) screen entertainment, but the app economy is real and generating some serious revenues today.
The entertainment landscape is shifting at remarkable speed, but it might surprise a few to see the internet giants are hording such a monstrous proportion of the wealth.
The Italian Government is investigating Netflix after the streaming giant failed to file a tax return in the country.
Securing a partnership with the likes of Netflix and Amazon might be the golden-ticket for the telcos, but no-one should forget they have as much negotiating power as the OTTs.
Half of UK homes now subscribe to TV Streaming services, reveals a new Ofcom report, as the country increasingly opts for video-on-demand.
Content giant Disney has unveiled what it presumably hopes will be a Netflix-busting bundle of Disney+ ESPN+ and Hulu in the US.
Netflix has announced it will launch a mobile-only version of its service in an effort to gain traction in one of the worlds’ fastest growing digital economies.
Netflix blames price increases and an under-performing content slate for poor performance in the second quarter of 2019.
Netflix started as a platform where old-series could be relived, but now with rivals aiming to replicate the success of the streaming giant, the content world is becoming increasingly fragmented.
A new report from UK analyst firm Re-Think has painted a gloomy picture for those attempting to muscle into Netflix’s dominance in the streaming world.
Apple is on the verge of announcing something big, but its TV streaming ambitions have been undermined as Netflix dismisses any tie-up with the iLeader.
A report by EY showed 44% of UK households think they get better value from streaming services than from any pay TV operators.
Netflix has increased its annual revenues by 35% and doubled profits over the course of 2018, but that didn’t prevent a 3.8% share price drop in overnight trading.
The latest report published by App Annie showed mobile apps had their best year in 2018, and will get better in 2019.
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