US Linear TV viewership share drops below 50% for the first time
The latest figures from TV audience tracking firm Nielsen illustrate the move among US viewers from traditional TV to streaming video consumption.
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SVOD
UK consumers ditch SVOD services
The number of UK households with a subscription video-on-demand (SVOD) service continued to decline in the first quarter of this year, new data shows.
Netflix launches an even cheaper ad-supported option
Streaming stalwart Netflix will introduce the ‘Basic with Ads’ plan in November, which will be cheaper than the core product and subsidised with ads.
Amazon Prime membership gets more expensive for Europe
Residents of largest economies in Europe will have to pay more for Amazon quick deliveries and video content from 15 September this year.
TV subscriptions to pass 3 billion in 2027 – Omdia
New research predicts the number of global online video subscriptions will exceed 2 billion, and the number of pay TV subscriptions will ‘still’ be 1 billion in 2027, though Netflix expected to lose 2 million customers in Q2 2022.
CNN + Musk = changing of the guard
The failure of CNN+ and the establishment panic over Elon Musk’s attempt to acquire Twitter are related events.
Netflix is losing significant numbers of users for the first time
The streaming services blames password sharing, inflation the Russia-Ukraine war and inflation for a 200,000 drop in subscribers in Q1, as shares plummet around 25%.
UK streaming subscriptions fall amid household budget crunch
New research has revealed that the number of UK homes paying for streaming services fell in Q1 2022, with 1.5 million total cancellations in that period.
VMO2 and ITV renew their vows
A new commercial partnership between Virgin Media O2 and ITV apparently signifies a greater mutual commitment than ever.
Netflix issues tepid response to Korean network usage payment demands
US video streaming giant Netflix has published a blog in response to SK Broadband suing it for the costs of increased network traffic resulting from Squid Game.
Sky launches its own telly
The UK bit of Sky has launched Sky Glass, a TV with all the things you need to access Sky services built into it.
DAZN deal for BT Sport looms larger
Rumours that video streaming provider DAZN will acquire BT Sport are gathering pace, with the latest reports claiming an agreement could come in a matter of weeks.
Comcast and ViacomCBS launch SkyShowtime streaming service in Europe but not UK
Much of Europe will have yet another US subscription video on demand service available after comms giants Comcast and ViacomCBS decided to pool their content.
Netflix ordered to pay for network usage in Korea
A South Korean court has ruled against Netflix in a case over its payment – or lack thereof – of network usage fees.
Amazon buys MGM for $8.45 billion
As rumoured a week ago, etail and cloud giant Amazon is buying movie studio MGM to augment its Amazon Prime SVoD offering.
Amazon reportedly thinking of buying MGM
The video content arms race continues unabated, with Amazon looking at dropping $9 billion on movie studio MGM.
AT&T to merge WarnerMedia with Discovery – UPDATED
It is being widely reported that US communications group AT&T is expected to do a mega deal with cable channel Discovery to boost its SVoD offering.
AT&T posts strong wireless, HBO Max performance, but…
AT&T is upbeat about its performance in the final quarter of last year – and 2020 as a whole – thanks largely to customer growth at its mobile and HBO Max video streaming unit.
Quixotic Quibi quits
Mobile streaming video startup Quibi, which was backed by Hollywood, has been forced to shut down after its core narrative failed to persuade.
Disney cuts cinemas out of the loop
A perfect storm for cinema operators sees Disney join the stampede towards streaming new movies direct to consumers.
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