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Netflix up 9.3m subs, focus switch to profit

Netflix added 9.3 million subscribers in Q1 2024, hugely surpassing analyst estimates, and now has 269.6 million subscribers globally, further asserting the company as the world’s leading streaming service. Netflix reported revenue of $9.4 billion (€8.8bn), up 15 per cent YoY, and operating income of $2.6 billion. The company advised that it will stop reporting […]

April 19, 2024

Forecast: W Europe OTT revenues €44bn by 2029

Western European OTT TV episode and movie revenues will reach $48 billion (€44bn) in 2029, up from $31 billion in 2023, according to the Western Europe OTT TV & Video Forecasts report from analyst firm Digital TV Research. The UK will contribute $10 billion in 2029, Germany $9 billion, Italy $5 billion and France $7 […]

March 18, 2024

Forecast: Cord-cutting to hit W Europe pay-TV

Western Europe will lose nearly 9 million pay-TV subscribers between 2023 and 2029 to reach 93 million – down by 8 per cent, according to the Western Europe Pay-TV Forecasts report from analyst firm Digital TV Research. This is nowhere near as bad as the US as pay-TV penetration will still be 53 per cent […]

March 11, 2024

ThinkAnalytics, Channel 4 renew partnership

ThinkAnalytics, a specialist in Al-based TV content discovery, viewer data insights, and targeted advertising, and Channel 4 have extended their partnership, after successfully using ThinkAnalytics Think360’s viewer behaviour insights and AI to pioneer personalised recommendations on Channel 4’s streaming service and across marketing and CRM campaigns. Channel 4 has integrated Think360 with its customer engagement […]

February 26, 2024

Study: Live sports streaming drives subs growth

Marketing data and analytics company Kantar’s report, Game Changer: The evolution of live sports viewing in the US and Europe, which documents the evolution of live sports viewership, suggests that live sports are the key to unlocking growth in the highly fragmented streaming market. But streaming giants’ bets go beyond live action: sports-themed documentaries and […]

January 9, 2024By Colin Mann

Netflix goes deeper on viewing data

Netflix has announced it will start, with immediate effect, giving more insight into what subscribers are watching. In a blog post, the streamer said: “Starting today we will publish What We Watched: A Netflix Engagement Report twice a year. This is a comprehensive report of what people watched on Netflix over a six month period.” […]

December 13, 2023

Barb outlines CFlight upgrade; hires Vannini

Barb has outlined a timetable for the next major upgrade to CFlight: the availability of 14 widely-used traded audiences to enable buyers to assess campaign performance across these audiences. This month, Channel 4, ITV and Sky have begun to provide traded-audiences data for ingestion into CFlight, and alongside RSMB, will be testing the campaign results. […]

November 22, 2023

Survey: TV sports rights too fragmented

Sports fans crave more TV content but have trouble accessing it due to the fragmented nature of the sports rights market, according to Altman Solon’s 2023 Global Sports Media Survey. The survey of more than 2,500 sports fans from eight major global markets reveals that 59 per cent say they currently have trouble finding or […]

October 31, 2023

Italy: Linear viewing drops as streaming grows

In the first half of 2023, the average daily number of TV viewers in Italy decreased by 2.3 per cent to 8.56 million, while average prime TV viewers fell by 3.2 per cent to 20.01 million. The Communications Observatory of the Communications Authority (AgCom) attributes this drop to the increasing competition from streaming video providers. […]

October 26, 2023From Branislav Pekic in Rome

Report: Banijay tops global format commissions

Formats are proving to be resilient to the decline in commissioning activity experienced across the wider media industry according to a report from Ampere Analysis. While the volume of Unscripted titles announced in North America fell by 14 per cent between H1 2022 and H1 2023, titles based on formats were less affected with a […]

October 23, 2023