As Netflix begins to phase out its grandfathered subscription prices in the U.S. – raising monthly rates for some subscribers by as much as $2, from $7.99 or $8.99 to the current price of $9.99 – the SVOD provider could see as much as $520 million per year in additional revenue, according to a Nomura Securities report.
More than 8 billion devices were connected to the web by the end of 2015, according to fresh data from IHS, averaging four devices per household around the world. And Netflix has a presence on many of them.
Netflix, which is notably recalcitrant to reveal its subscribers' precise viewing behaviors, watch times, or other statistics, untied the strings on its data to reveal a little bit more about binge-watching habits.
Netflix's exclusive streaming deal with Relativity Media doesn't mean it gets to release two upcoming films from the production company on its streaming service ahead of their official theatrical release, a judge said Friday in a bankruptcy hearing.
Showtime, like many other premium network providers, initially saw over the top players like Hulu and Amazon as a threat. But now the company sees those SVOD providers as a way to attract a new base of cord-nevers and cord-cutters. The company hopes that it will be able to also work with Netflix in the same capacity some day.
Netflix is setting its lineup for the summer and well into the fall, with a slate of exclusive content scheduled thanks to its relationship with Disney and its related properties-- a deal that will lock out Starz and Amazon from new Disney movies and potentially make the ongoing content licensing battle red hot.
The European Union wants online video streaming giants Amazon Prime Video and Netflix to devote a much larger portion of their libraries to regional content, an attempt by the governing body to force a more level playing field in the SVOD space, according to media reports.
Netflix has introduced a new tool called Fast.com that allows customers to check how fast their wireline home or mobile broadband connections are in real time. The service works from any location in the world and a broadband user does not have to be a Netflix subscriber to use it.
Months after Netflix announced its commitment to block users accessing its website through virtual private networks (VPNs), advocacy group Open Media is stepping up its efforts to convince the provider to stop, circulating a petition that asks Netflix to end its crusade against the technology. The group says that forcing people to access the SVOD service without a VPN exposes them to privacy threats and, in some countries, government action.
Expect global mobile application revenue and app downloads to increase significantly over the next few years, according to Ovum. The technology analyst has predicted global mobile app revenue will increase from $36 billion in 2015 to $79 billion in 2020.