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Parrot Analytics: 49% of US consumers unwilling to pay for any SVOD services

Nearly half of US consumers are unwilling to pay for even one streaming on-demand service, according to Parrot Analytics’ Global Television Demand Report. The report, which focuses on the first financial quarter of 2018 and studied ten global territories, found that US consumers were least likely to sign up to SVOD services among the regions. The…

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XXXTentacion Breaks Taylor Swift’s Single-Day Global Streaming Record on Spotify

On Tuesday, the day after his death, rapper XXXTentacion broke the single-day global streaming record on Spotify, a mark previously held by Taylor Swift. His song “SAD!” racked up 10.4 million streams on Spotify on June 19, according to Spotifycharts.com; while a rep for the streaming service declined Variety’s request for comment, that number was…

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Netflix Locks Up Deal For ‘Inside the World’s Toughest Prisons’

Netflix is going behind bars. The streamer has ordered a new series of “Inside the World’s Toughest Prisons,” the factual series that looks inside notorious jails. The SVOD service acquired the earlier version of the show, which was commissioned for Viacom’s Channel 5 in the U.K. It then started talking to the producers of the…

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Sony E3 2018: The Six Biggest Announcements

/.c-breadcrumbs Sony’s E3 2018 Showcase ran deep rather than wide, with in-depth looks at a few highly anticipated games and only a small dose of surprises. Missed the press conference? We’ve got the highlights here. “The Last of Us Part 2” Gets New Trailer and Gameplay We didn’t get a glimpse of Joel, but it…

Entertainment & Media News

Hotstar Leads India OTT Streaming Market, Google Heads Music Category (EXCLUSIVE)

/.c-breadcrumbs /.l-article__header /.c-featured-media Hotstar remains India’s most popular OTT video streaming platform, according to data from mobile advertising and Internet service provider Jana. Hotstar is controlled by 21st Century Fox and operates on the freemium model, offering VoD users some content free of charge, and some paid for by annual subscription. Jana’s report uses app…

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Netflix to raise $1.9 billion in debt

Netflix has priced a bond offering of US$1.9 billion, which it plans to use for “general corporate purposes” – including content acquisitions, production and development. The senior note offering was upped from US$1.5 billion, which was initially announced yesterday. The sale for the revised amount expected to close on April 26, 2018. The notes will…

Entertainment & Media News

Blockchain Network Treeti Partners With Independent Filmmaker Project

/.c-breadcrumbs Treeti, a new blockchain network for entertainment business co-founded by former MGM, Sony, and Starz marketing executive Amorette Jones, is partnering with the Independent Filmmaker Project. IFP helps budding filmmakers get their projects off the ground and has supported work by Ava DuVernay, Barry Jenkins, Dee Rees, Ryan Coogler, and Denis Villeneuve among others…

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Warner Music Group Acquires A&R Insight Tool Sodatone

Warner Music Group has acquired Sodatone, a tech start-up founded in 2016 that uses technology for A&R insight, the company announced today. The company’s proprietary technology combines streaming, social and touring data to track early predictors of success, such as the loyalty and engagement of a fanbase, and the potential virality of a track…

Entertainment & Media News

Spotify Projects Slower Growth, 90 Million-Plus Subscribers by End of 2018

/.c-breadcrumbs March 26, 2018 6:30AM PT Spotify Projects Slower Growth, 90 Million-Plus Subscribers by End of 2018 /.l-article__header /.c-featured-media Spotify expects revenue to grow by around 20 to 30 percent this year — and between 92 and 96 million paying subscribers — the company announced on Monday, in guidance issued ahead of its public listing…

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RTVE and commercial rivals launch OTT platform to rival SVOD

Spanish public broadcaster RTVE and commercial broadcasters Atresmedia and Mediaset plan to launch a joint OTT TV platform that could see them compete with the likes of Netflix, Movistar+, HBO and Sky in the Spanish market. The three broadcasters initially plan to launch an interactive TV platform, based on the HbbTV connected television standard, that…

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Stream Nation: U.S. Consumers Spend $2 Billion Monthly on Streaming Video Services

/.c-breadcrumbs /.l-article__header /.c-featured-media Americans are watching more streaming video than ever — and they now pay an estimated $2 billion each month on subscription-video services like Netflix, Hulu and Amazon. That’s according to the Deloitte’s 2018 Digital Media Trends Survey, which found found that 55% of U.S. households now subscribe to at least one video-streaming…

Entertainment & Media News

Apple Is Developing Its Own LED Screens (Report)

/.c-featured-media Apple has been working on the development of its own display screens, according to a new report from Bloomberg. It’s the first time the company has developed its own screen technology, as opposed to buying screens from suppliers like Samsung or LG. These efforts are being driven out of a secret research and manufacturing…

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Disney creates unified streaming & int’l unit

The Walt Disney Company has restructured to create a worldwide division that will house international operations and its upcoming streaming services. Disney senior executive VP and chief strategy officer Kevin Mayer (pictured) has been named at the chairman of the new unit, Disney Direct-to-Consumer and International. The division will house Disney’s upcoming branded SVOD service,…

Entertainment & Media News

Latin America pay TV ‘set to stagnate’

Latin America is due to add fewer than five million additional pay TV subscribers between 2017 and 2023 as OTT services deepen penetration in the region, according to new a new study. Digital TV Research’s eight Latin America Pay TV Forecasts report claims that subscriber count in the region will reach almost 76 million in…

Entertainment & Media News

Previsions say that Global SVOD will hit 450 million subs by 2022

Global SVOD subs will hit 450 million in four years The rise of subscription on-demand services seems unstoppable. The number of households worldwide that pay for streaming video services like Netflix and Amazon Video is due to rise to more than 450 million by 2022, according to Strategy Analytics. The research firm claims that the…

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The Deal, between Netflix and Air Bud Deal, for Chinese sVOD

Netflix kids films to Chinese SVOD net through Air Bud deal Four kids films recently produced for Netflix are headed for China through a deal on-demand service iQiyi has struck with LA’s Air Bud Entertainment (ABE). The deal comprises the Pup Star franchise and others ABE has produced with The Walt Disney Company,…

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