Netflix will expand into Japan this autumn, as it moves to complete its global rollout by the end of 2016. “With its rich culture and celebrated creative traditions, Japan is a critical component of our plan to connect people around the world to stories they love,” said Reed Hastings, chief executive officer at Netflix. “As […]
21st Century Fox has cut its profits forecast for the next fiscal year by about $500 million blaming currency swings and a decline in television ratings as viewers move to new digital platforms. Chase Carey, chief operating officer blamed “adverse industry trends” in TV ratings. “We expect these themes to continue,” he said. Fox is […]
Sky is planning a “next generation” Now TV box later this year, and is will also launch a similar service for Italy. Sky group CEO Jeremy Darroch said Sky will “really get behind” its OTT offerings “transforming.. some of the learnings from the UK into Italy and Germany.” Sky launched a Roku streaming box for […]
Yet another round of rumours about Apple’s pay-TV ambitions have been sparked by reports it is in licensing talks with programmers for the development of an OTT subscription TV service . According to the report in Re/code, Apple is exploring deals that will clear the way for an OTT service that would offer “bundles of […]
OTT live streaming specialist Simplestream has secured an additional £2 million (€2.68m) in equity funding from a consortium including Beringea, a leading growth capital firm with a focus on media and technology companies, and YOLO Leisure and Technology, an AIM listed investment company. The investment will accelerate the expansion of Simplestream’s video streaming platform in […]
Sony aims to make it easier than ever for UK viewers to catch up on favourite TV shows with the inclusion of on-demand platform YouView to its range of 2015 BRAVIA TVs. In partnership with YouView it will be the first manufacturer in the UK and Ireland to include the service. From Summer 2015, UK […]
Priming its weaponry as it prepares for the launch of Netflix in March, Australian SVoD service Presto has confirmed that Foxtel Broadband subscribers will enjoy no data download limits when accessing Presto’s unbelievable TV and movie entertainment. The news comes on the heels of the announcement by Foxtel that it has now launched triple-play bundles. […]
Netflix has unveiled plans to offer $1.5 billion in senior notes and plans to use the proceeds for “general corporate purposes, which may include content acquisitions, capital expenditures, investments, working capital and potential acquisitions and strategic transactions.” The company originally said it would raise $1 billion but then later increased the offering to $1.5 billion, […]
The number of pay-TV homes in the Middle East and North Africa will double between 2010 and 2020 to 21.3 million, according to a new 208-page report from Digital TV Research. Turkey will account for 37 per cent of the 2020 total. According to the fourth edition of Digital TV Middle East & North Africa […]
Digital video has struggled to take hold in Japan, but is beginning to gain traction, achieving 31 per cent growth in 2014 to reach ¥81 billion ($670 million), according to the latest round of research from Futuresource Consulting. “Japan’s home video market is the second largest on the planet, surpassed only by the USA,” says […]