Paolo Pescatore


Amazon takes on Netflix with standalone service

Amazon is going head-to-head with streaming rival Netflix by launching its Prime Video as a standalone, pay-monthly service for the first time. In details published to its US site, Amazon revealed that it will now offer Prime Video as a US$8.99 per month subscription video-on-demand offering, as well as included in its broader Amazon Prime […]

Sky posts strong results, hails Atlantic

European pay TV operator Sky has posted strong results with subscribers, revenue and profit all up in the most recent quarter, despite increased competition from Netflix and other pay TV services. The company, which has pay TV operations in the Germany, Italy, Ireland and the UK, added 134,000 new customers, the highest rate it has […]

Netflix shares drop as third quarter disappoints

Netflix missed its US target for new customer sign-ups and reported lower than expected operating income in its third quarter results, resulting in a significant share price drop. The subscription video-on-demand service added 880,000 new US members in the quarter, compared to 980,000 in the prior year and a forecast of 1.15 million. Netflix attributed […]