FlixSnip has launched its direct-to-customer (DTC) platform. With no subscription cost, viewers can now explore and enjoy a variety of movies, series and documentaries on the move. “We are thrilled to launch our free DTC platform,” said CEO Sebastien Perioche. “At FlixSnip, we believe that everyone should have easy access to the best award-winning, international […]
Warner Bros Discovery (WBD) has reported its Q1 financial results for the quarter ended March 31st 2023. Amid falling revenue and increased losses it has reported a $50 million (€45.3m) operating profit in streaming with nearly 97 million subscribers worldwide. David Zaslav, President and Chief Executive Officer of WBD, commented: “It is an important time […]
Warner Bros Discovery (WBD) CFO Gunnar Wiedenfels told Citi’s 2023 media conference “the [streaming] industry had gone overboard and went on a spending frenzy. There was a lot of thinking of, ‘Let’s do more, more, more,’ not necessarily, ‘Let’s do the exact right things, let’s do what works’.’” Wiedenfels said the company was focusing on […]
Discovery has reported financial results for the quarter and year ended December 31st 2021. David Zaslav, President and Chief Executive Officer of Discovery, said: “2021 was by all measures an exceptional year for our company, in which we achieved significant operational, financial, and strategic objectives. We grew our global DTC paying subscribers to 22 million, […]
Infront, the sports media company, has partnered with sports OTT specialists StreamAMG to launch Ski and Snowboard Live, a new direct-to-consumer (DTC) service for the US market. Audiences in the US can now access live streams from international events of the FIS Alpine, Snowboard, Freestyle Ski and Cross Country World Cup, all with English commentary. […]
As TV investments surpass pre-pandemic levels around the world, international data shows how both direct-to-consumer (DTC) brands and online giants are increasingly embracing TV to get their message across. The Global TV Group, the grouping of TV companies and sales houses’ trade bodies in Europe, the US, Canada, Australia and Latin America, has released a […]
Findings from Leichtman Research Group’s study, Emerging Video Services 2021, indicate that 78 per cent of all US households have a subscription video on-Demand (SVoD) service from Netflix, Amazon Prime, and/or Hulu – compared to 78 per cent in 2020, 74 per cent in 2019, and 59 per cent in 2016. Among those that have […]
MediaKind announced the launch of MediaKind Engage, a new end-to-end direct-to-consumer (DTC) solution for video contribution, production, streaming, and audience engagement. The solution enables sports entities, broadcasters, and content owners to make a seamless transition to operating workflows in the cloud while also expanding the reach, scale and reliability of their video streaming content to […]
Findings from Leichtman Research Group indicate that 82 per cent of US households have at least one streaming video service from eleven top direct-to-consumer (DTC) and subscription video on-Demand (SVoD) services; 51 per cent of all households have three or more of these services. However, not all of these services are being paid for directly […]
Effectv, the advertising sales division of Comcast Cable, in partnership with industry body VAB, has released a new report, The Halo Effect: TV as a Growth Engine, which analyses TV’s influence on businesses’ ability to drive financial outcomes and growth by life stage. The analysis found that both direct-to-consumer (DTC) and non-DTC brands across all […]