Series viewership outpaces overall growth because Netflix is using vast resources to become a dedicated content creator.
Love them or hate them, Netflix and Amazon are shaking loose cobwebs from the film market. The momentum from Sundance has sellers optimistic.
Netflix added 19 million subscribers in 2016, a new record for the digital distributor. Although, the company has quadrupled its long-term debt since 2014.
After major global expansions by Netflix, Amazon, and China-based SVOD providers, subscriptions increased by 70 million in 2016, totaling $5.3B in growth.
German market researcher GfK found that 90% of OTT users in the UK have access to smartphones, but only 4% of those use it to stream OTT content.
Amazon’s Prime service is now available in over 200 nations. Earlier in 2016 Netflix became available in every country sans China, Crimea, N. Korea & Syria.
Is the European Commission’s Digital Single Market strategy destroying Europe’s independent film business in favor US-based technology firms?
Amazon takes aim at Netflix, the market leader in streaming video. Amazon is following Netflix’s lead by expanding their Prime service globally in 2017.
Netflix reported subscriber data at the close of business on Monday that significantly outperformed expectations. The stock soared – closing up 19.62%.