Call it The Little Service that Couldn’t; shomi, the subscription video on demand service floated jointly by Canadian cablecos Shaw Communications and Rogers Communications will be shutting down operation by the end of November.
North, Central and South Americas recorded their first pay-TV subscriber loss even, according to the quarterly informitv Multiscreen Index, a modest 290,000 customers, but a loss nonetheless.
Nearly 6% of pay-TV subscribers say they are “very likely” cutting the cord this year, 50% more than were considering it a year ago, according to a study from researcher Frank N. Magid Associates. In its annual Magid Media Futures report, the industry researcher said that among Millennials, a recognized at-risk demographic in the pay-TV industry, that number was a whopping 9%.
Here’s another reason pay-TV operators are looking longingly at virtual MVPDs (V-MVPDs): Fully a quarter of all Americans who moved this past year no longer subscribe to a pay-TV service.
Overall revenues for Western Europe’s pay-TV industry are expected to remain static through 2021 with the 73 top operators – who generated 93% of Western Europe’s $30.61 billion pay-TV subscription and PPV revenues in 2015 – expected to continue to do business as usual.
Two operators, Liberty Global and Sky Europe, are forecast to continue to take just under half of the region’s revenues, according to a new report from Digital TV Research.
Comcast Chairman and CEO Brian Roberts and Netflix CEO Reed Hastings may not be BFFs, but the two have a shared vision, Roberts said during the Goldman Sachs Communacopia Broker Conference Call Tuesday, and it revolves around the consumer, a concept that hasn’t always seemed to be in the cable operator’s top of mind.
PlayStation Vue. Sling TV. Hulu. Amazon. DirecTV. Google. Maybe even an entry from Apple. All are potential players in the virtual MVPD (V-MVPD) market, a market that at least one researcher believes could top 15 million U.S. subscribers by 2020, possibly going higher as technology and consumer experiences improve.
SVOD revenues from service like Netflix and Amazon are expected to more than double to more than $34.6 billion by 2021, from $14.6 billion this year, as viewers increase their migration away from traditional liner TV.
There have been a lot of fluttering hands over the past two quarters concerning Netflix’s international growth potential. But the streamer’s deal this week with Liberty Global to put Netflix on the pay-TV operator’s next-gen Horizon set-top boxes in more than 30 countries may soothe most of that nervousness.
Here’s an acronym that, if you’re not familiar with it now, you will be soon, because it increasingly describes vendors in the media industry: B2B4C… business-to-business for the consumer. Call it part of the consumer revolution, the move from “content is king” to “consumer is king.”
It’s a term you’ll often hear when designers of user interfaces get together to talk about the future.
Canadian startup You.i has landed $12 million in Series B funding in a round led by Time Warner Investments, with plans to use the funds its global sales channels and IP.
Existing investor Vistara Capital Partners and new investor Kayne Anderson Capital Advisors joined in the round.