Sky, Europe’s largest pay television provider announced a partnership to carry Netflix content on its direct satellite network and OTT platforms.
Over two million U.S households cancelled cable television services in 2017. The traditional TV industry could be in for another brutal year.
The company regularly raises debt, offering $1 billion in senior notes in April, $800 million a year ago and another $1 billion in February 2015.
As the streaming market fragments into dozens of streaming options will Netflix become the Friendster or Facebook of media viewing?
Now that Netflix has laid the groundwork, studios will no longer allow third-party streaming services to grow rich by aggregating their content.
Series viewership outpaces overall growth because Netflix is using vast resources to become a dedicated content creator.
In Q4 2016, 77% of respondents would only like to pay for the channels they watch, up 3% y-o-y. Pricing expectations are in contrast to what they are paying.
Movies are no longer a priority at Netflix. Adding more movies to its library doesn’t increase the amount subscribers watch.
Netflix reported subscriber data at the close of business on Monday that significantly outperformed expectations. The stock soared – closing up 19.62%.
Will the US studios finally cut off Netflix from licensing their content now that it is subsidizing Netflix’s greater expansion into original content?