Just in time for the annual NAB Show, a new report has surfaced with a forecast that’s sure to prompt an antacid surge among broadcast execs in Las Vegas next week: OTT viewership worldwide will outnumber traditional TV viewership before the end of the decade.
It should come as no surprise that OTT service adoption continues to accelerate in the United States, but a new report says uptake in Europe also has increased, especially of free services being offered. A primary driver? Unique content that isn't available anywhere else.
International data from Parks Associates shows 70% U.S. households now watch at least one streaming service with an increasing number of households subscribing to multiple services.
Independent film distributor and digital content aggregator CatchPlay has rolled out a new on-demand service in Taiwan, featuring movies from NBC Universal, Warner Brothers, Walt Disney, various independent studios in Hollywood, and also Asian and Chinese-language films.
CatchPlay said it also would launch in two additional APAC markets by the end of Q2, partnering with StarHub Singapore and Telkom Indonesia.
Premium content service provider Vubiquity, has launched a managed digital storefront product targeting the Latin American OTT market.
The move gives Vubiquity the ability to provide content distributors with a white-label portal for end-users to navigate its film and television catalogue.
The storefront supports TVOD, SVOD, FVOD, EST and live TV business models, and allows users to access the content on the web, iOS devices, Android devices and through their set-top boxes.
Latin America’s crowded OTT market is expected to generate $1.84 billion in revenue by 2018, up 262% from $509.2 million in 2014.
Researcher Dataxis looked at transactional video one demand (TVOD) as well as subscription (SVOD) and download to own (DTO) service revenues in Argentina, Brazil, Chile, Colombia, Mexico, Peru and Venezuela.
Currently, nearly 90 services operate in the region.
Australian digital movie and TV site EzyFlix has called it quits, the first casualty (and likely not the last) in the Down Under digital video marketplace.
Fingers immediately pointed at Netflix, the big, bad subscription video on demand service from the United States, as the cause of its demise. Maybe, but that’s a little too convenient… and easy.
EzyFlix Tuesday posted this message to consumers on its website:
Two major theater chains – AMC and Canada’s Cineplex – have agreed to a two-week release window on a pair of upcoming Paramount Pictures films, putting a major crack in the standard 90-day theatrical window. A pair of small-budget films from the studio will be available to consumers 17 days after they finish their theatrical run.
Target Ticket -- the “me, too” offering that retailer Target launched 18 months ago -- is shutting down this week. That really shouldn’t be a big surprise.
The brick and mortar retailer tried to make a foray into the deep digital forest, but it did so without a map, did nothing to differentiate itself from other players who already knew their way around and tried to take a small piece of the electronic-sell-through pie, a la Walmart and its Vudu franchise.
UltraViolet, which consumers ignored en masse at its launch in 2011 because of confusion over what it was, a difficult user interface and spare content, is showing signs of life.
Hot on the heels of a pretty lackluster Q3 earnings report last week, Amazon today is rolling out a new product, the Amazon Fire TV Stick, that’s going to heat up the streaming media device market.
The Fire TV Stick is a $39 dongle that’s targeting both Google’s $35 Chromecast and Roku’s $50 Streaming Stick.
Amazon Prime members can get Fire TV Stick for $19 for the next two days… including the 2-day shipping that comes with a Prime membership.
Spanish streamer Wuaki.tv, which also competes against Netflix and Amazon in England, says its seen a 65% increase in movies and TV episodes streamed to Smart TVs in the U.K. since it introduced a native app for the sets from LG, Samsung and Panasonic.