According to analysis and research released by Media Partners Asia (MPA), consumer spending on video in Asia Pacific grew 9 per cent in 2020 to reach $58.3 billion (€48.3bn) in aggregate and is projected to rise 6 per cent CAGR to $79.3 billion. Growth in 2020 and in the future will be led by the […]
OTT subscription video platform Alchimie is partnering with Middle Eastern media giant Rotana Media Group jointly to publish, manage and distribute a new SVoD movie service, branded AflamPlus TV. AflamPlus TV will be distributed by Alchimie across its European SVoD network (excluding France) and will be available on all main digital platforms including the Alchimie […]
Ampere Analysis expects Netflix to report its lowest number of new subscribers in the first quarter for four years later this week, perhaps signalling the end of the Covid-19 home entertainment boom. The first quarter is traditionally the strongest for new Netflix sign-ups, with viewers in key markets (ie North America and Europe) spending more […]
In a letter to its shareholders, Amazon founder and CEO Jeff Bezos has revealed that Amazon Prime now has over 200 million subscribers worldwide – adding 50 million in the last 12 months alone, aided strongly by the pandemic. Bezos wrote: “We have 200 million Prime members, for a total in 2020 of $126 billion […]
Netflix has announced that is will be opening new offices in Bogotá, Colombia later this year. In a blog post, Francisco Ramos VP of Latin American Content, wrote: “Ten years ago Colombia opened its doors to Netflix, a new way to enjoy the best series and movies directly in their homes. A few years later […]
Western Europe will have 234 million SVoD subscriptions by 2026, up from 137 million at end-2020, according to the Western Europe OTT TV & Video Forecasts report from analyst firm Digital TV Research. Despite losing market share, Netflix will remain the largest SVoD platform. Netflix will have 74 million paying subscribers by 2026 – up […]
The Walt Disney Company EMEA has announced its initial slate of scripted UK originals for Disney+, working with a number of creators and producers as part of the company’s commitment to source, develop and produce original productions in Europe. Three UK productions have been confirmed for Disney+; one Disney-branded and two Star-branded originals. They follow the […]
Research from programmatic video platform Tremor Video and ad platform Unruly, in partnership with research and advisor firm MTM Global, reveals that nearly three-quarters (72 per cent) of US digital advertising professionals believe that CTV reaches target audiences more effectively than linear TV, with 85 per cent making CTV a key part of their video […]
Discovery, has announced that discovery+, its non-fiction, SVoD service, is now available on Prime Video Channels in the US. discovery+ launched in the US in January on most devices and services, including Amazon Fire TV streaming devices and Fire TV Edition smart TVs. “Today’s launch on Amazon Prime Video Channels expands access to discovery+ for […]
In what the pair describe as a landmark transaction, Grupo Televisa and Univision Holdings have announced a definitive transaction agreement in which Televisa’s content and media assets will be combined with Univision to create the largest Spanish-language media company in the world: Televisa-Univision. The combination brings together the two leading media businesses in the two […]