Netflix is starting to raise rates on grandfathered subscription prices in the U.S. by as much as $2, from $7.99 or $8.99 to the current price of $9.99. That move could score the SVOD provider up to another $520 million per year in additional revenue, according to a Nomura Securities report.
Starz CEO Chris Albrecht said that Starz and the newly rebranded Starz Encore channels are doing well and that Amazon is having a lot of success selling the recently launched Starz standalone OTT product.
Offering the first sign that the U.S. SVOD market might be approaching saturation, Strategy Analytics found that growth in the sector has slowed down a bit in 2016.
Charter Communications CEO Tom Rutledge said his company, which just completed its acquisitions of Time Warner Cable and Bright House Networks, is pursuing integration of OTT services like Netflix and Hulu.
The NCTC is close to signing a master agreement with Netflix that would let its member cable systems integrate the SVOD platform into their video service offerings with a revenue-sharing model.
Taking some of the luster off of Amazon's big announcement Monday that it's going to take its SVOD service out of Prime and go head-to-head with the market leader in video streaming, Netflix had some news of its own.
Looking to take the battle for streaming video market share more directly to market leader Netflix, Amazon has unhooked a version of its SVOD service from its "Prime" business segment, and is now offering it as a stand-alone subscription video service priced at $8.99 a month.
Dish Network is taking its integration of Netflix into the realm of 4K, announcing that UltraHD content on the SVOD provider will be playable on its new Hopper 3 DVRs.
Netflix has earned a lot of unwanted attention after it recently admitted to transmitting video at a lower resolution over AT&T's and Verizon's mobile networks. But Facebook, an already large mobile video player in its own right, says rest assured because it is not engaging in the same practice.
AT&T is shocked — shocked! — after Netflix admitted to lowering video resolution without customer knowledge on the mobile networks of AT&T and Verizon.