Kagan: European SVOD revenues to reach $6.8bn in 2022

The European subscription video-on-demand (SVOD) market is due to reach revenues of US$6.8 billion in 2022, up from US$3.9 billion in 2017, according to Kagan research. The S&P Global Market Intelligence research group said that Netflix’s localised presence throughout Europe was one of the “main factors” contributing to this growth. Other cited factors were the […]

Maxdome co-CEO takes ProSiebenSat.1 digital role

ProSiebenSat.1 has appointed Maxdome’s director and co-CEO, Filmon Zerai, as chief digital officer for ProSiebenSat.1 TV Germany. Zerai will join the management team of ProSiebenSat.1 TV Germany, taking up the newly created role on March 1, a spokesperson for the company confirmed to TBI’s sister title DTVE. He will be tasked with further developing the digital […]

Seasonal OTT subs likely to churn

The number of OTT subs in key markets continues to increase at a healthy rate with an uptick expected over the upcoming Christmas period. Half of the seasonal sign-ups will, however, churn, according new research. Billing company Paywizard surveys consumers in six key international markets – Australia, Brazil, Germany, Singapore, the US and the UK […]

Growing SVOD sector ‘will drive Maxdome’

Growing demand for SVOD in Germany will drive growth for ProSiebenSat.1’s Maxdome service, with curation the key to driving use of the service, according to the service’s CEO, Marvin Lange. Speaking at the OTTtv World Summit this week, Lange said that subscription video-on-demand revenues in Germany will help deliver revenue growth for Maxdome, with the […]

Maxdome SVOD nears 900k subs

ProSiebenSat.1’s subscription video-on-demand service Maxdome grew its subscriber base by 48% in the year to September and now has close to 900,000 subscribers, according to ProSiebenSat.1 chief financial officer Christof Wahl. Wahl, speaking on an analyst call after ProSiebenSat.1 posted solid Q3 results at the end of last week, said that the service had seen […]

ProSieben issuing shares to fund digital expansion

German broadcasting and media giant ProSiebenSat.1 plans to issue new shares to raise about €515 million (US$571 million), which it will use to fund its ongoing digital expansion plans. The German-listed group said this morning it will issue 14.2 million new shares, increasing its overall share capital by 6.5%. ProSieben has been on a diversification […]

OTT ‘adds $25bn to global video industry’

The global OTT market has added some US$25 billion in revenue to the video industry, representing some 5% of the roughly US$500 billion video business, according to new research. The Boston Consulting Group study claims that over-the-top video is growing by more than 20% annually and winning share over traditional TV, which is seeing revenues […]

UK ‘is Euro on-demand leader’

UK viewers have been the quickest in Western Europe to embrace on-demand TV, while Italians watch more TV overall than any other nationality in the region, according to new research. Overall daily viewing time of linear TV has continued to decline in the UK, but factoring in online and on-demand services the time spent watching […]

German Netflix rival makes originals move

Germany’s ProSiebenSat.1-owned subscription video-on-demand service Maxdome has commissioned its first original series. The broadcaster-owned service has teamed up with well-known German producer-director and actor Christian Ulmen to create Buddy-Serie, a ten-part drama about two friends featuring Ulmen and Fahri Yardim. The series is to be produced by Talpa Germany, which was formerly known as Schwartzkopff […]

Maxdome SVOD gets into curation

ProSiebenSat.1-owned German video-on-demand provider Maxdome is launching a curated service as the third leg of its three-stage project to refresh the offering. Users of the on-demand service will now be presented with top lists, thematic collections and editorial recommendations in addition to automated recommendations generated by algorithms. The editorial recommendations will be updated daily by […]

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