Blu-ray Disc players continue to lose favor in U.S. homes as consumers’ connection to physical media loses its glue. A new report says connected TVs have moved past the former must-have hardware into third place among connected devices in U.S. households, and the hardware was adopted more rapidly than had been forecast.
Want to create loyal consumers who naturally gravitate to your product? Get ‘em while they’re young and impressionable, and give them exactly what they want… to a point.
That’s YouTube’s strategy for its new kid-focused app “YouTube Kids,” a family-friendly version of its mainstay that rolled out today in the United States. It’s the first Google product, it says, that’s “built from the ground up with the little ones in mind.”
Increasing demand for video on demand (VOD) and a growing constellation of consumer devices – smartphones, tablets, and smart TVs – are combining to drive the growth of pay-TV middleware solutions, resulting in a market likely to exceed $2 billion globally by 2020.
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.
Yet another report is circulating that sets high hopes for the IPTV industry, this one saying that 2020 revenues could exceed $79.3 billion, up from just $24.9 billion in 2013.
The report, from Transparency Market Research, said the market – expected to see a CAGR of better than 18% -- primarily is being driven by two factors, increasing broadband penetration and decreasing IPTV subscription prices around the world.
Streaming VOD company Wuaki.tv, which has been fighting for users in Spain and the United Kingdom, is planning to expand its service to 15 additional European markets in 2015.
The company, owned by Japan’s Rakuten, also launched in France, Germany and Italy in 2014, but has faced strong headwinds, especially in France.
More than three quarters of U.S. households have a DVR, subscribe to Netflix, or use on-demand video from a pay-TV provider, new research says.
The research, from Leichtman Research Group, said more than a quarter (26%) use more than one of the services and 11% use all three.
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.
Earlier this month, BSkyB filed papers that it had invested an additional $700,000 in streaming media STB company Roku… turns out that was just the tip of a pretty big investment round for the month by the Saratoga, Calif.-based company.
In papers just released today, Roku acknowledges it raised $25 million in its latest round, but doesn’t disclose the multiple investors who took part.
More competition for Netflix and Amazon Prime, as well as the rest of the lot in Germany, as Wuaki.tv says it’s planning to launch in Deutschland in late November.
Published reports say the VOD provider, which already is in Spain and the United Kingdom, will offer films from Hollywood and Germany, as well as content from other European countries.
The global pay-TV market is closing in on 1 billion subscribers, and is forecast to end 2014 just 80 million shy of the benchmark number.
But even as that number climbs, average revenue per user globally is expected to decline, the result of increasing competition.
But, says researcher ABI, the decline in ARPU will be smaller this year than last.