When the Big Two come to play in your backyard, it’s time to up your game.
Netflix and Amazon have launched a push into Europe that will likely result in some bad nights of sleep for operators, pay-TV channels and broadcasters looking themselves to do more business over the top.
Netflix has joined the long list of over-the-top services that are looking to use South Korean dramas as a lure to draw new viewers in Asia, while at the same time making its own service more competitive to local services in South Korea.
The company today announced it had contracted for a 12-episode original series based on a South Korean online comedy series. The series will debut in 2018.
By 2017, Hollywood could be producing as many as 500 scripted TV shows, a 20% increase from last year’s record 417, according to FX Networks CEO John Landgraf, who told a Television Association Critics gathering that he anticipates up to 450 shows this year.
Nearly a quarter of consumers surveyed in Brazil and Mexico said they intend to join to the subscription video service in the next year, according to a new poll, while just 8% of the respondents said they haven’t heard of the subscription video company.
The Piper Jaffray survey found that 7% were subscribers at some point, but canceled.
Netflix may be planning to produce more local content for its Singaporean subscribers, but Chief Content Officer Ted Sarandos suggested that any local video likely could play globally, a la Narcos – a drama about the drug trade set in Colombia – has been able to do.
Will Netflix, as its main competitor Amazon Prime does, allow offline viewing of its content in the future? Perhaps, at least, of its growing library of originals?
Well, said CEO Reed Hastings, during the company’s Q1 earnings interview yesterday, never say never.
File this under “Turnabout is Fair Play.” HBO is taking a page from the Netflix playbook (yes, I know, Netflix took one from HBO as well) as it plans to increase the amount of original content it produces by 50% to – wait for it – 600 hours, about the same as their streaming competitor.
Netflix, seeking to cement its toehold in its rapidly expanding international market, is expected to spend as much as $1.2 billion on original content in the United Kingdom, France, Italy and Spain, according to published reports.
The company has publicly said it plans to spend $5 billion on content production and acquisition in 2016.
Will content owners like Time Warner really ever cut Netflix off at the programming spigot?
Not likely, said Netflix Chief of Content Ted Sarandos, who Monday told an audience at the Annual UBS Global Media and Communications Conference that doing so would cost content owners billions.
“What you’re seeing is a fundamental change in audience behavior,” he said, in answer to a question. “And, it’s a SVOD shift, not just a Netflix shift.”
HDTVs have become the norm in the United States with at least one set in 86% of households and nearly two-thirds of HH reporting two or more sets, a new report says.
ShoppingNexus.com also found 60% of respondents preferred LED models and said price, brand and screen size were the top three – in that order -- determinants to their buying decisions.
About 24% of American HHs own three or more HD TVs.
What’s that ubiquity mean for 4K/UHD technology?
With an eye on continued expansion of its content catalog, Netflix this week said new customers in many of its European markets would see a €1 increase in the price of its standard subscription to €9.90 ($10.90), and informed current customers that they’d also see the price bump, but not for another 12 months.
In this week's Videomind podcast , Hack and Flack discuss the week's top TV and media news and trends, including a look at just how dismal Q2 was for pay-TV operators, how Netflix and its line up of new Originals is changing TV, research about cord cutting and how -- GASP! -- making premium content affordable and easy to access could put an end to piracy.