Barclays launches £100m SVOD fund

Barclays has launched a £100 million (US$125.6 million) for fund TV production in the UK. The UK bank said the fund is designed to meet the changing needs of the production sector, notably the rise of Netflix and the SVOD players. With revenue from SVOD sales often spread over a longer period, Barclays said that […]

Netflix use in US tops DVR for the first time

For the first time, more US adults now report having Netflix in their home than a DVR, according to Leichtman Research. The new study found that 54% US adults have Netflix, while 53% have a DVR. By comparison, in 2011 Netflix usage stood at just 28%, while DVR ownership was 44%. “On-demand and time shifting […]

INTV: Hulu’s studio plans ‘hinge upon int’l’

Hulu’s creative chief, Craig Erwich, has said plans to set up its own in-house studio hinge upon its wider international ambitions. The catch-up and streaming service currently only requires US rights and can commission originals and work on copros on that basis, without the need for a studio to service a wider international network. Speaking at […]

International Netflix subs set to overtake US

Subscribers from the 130 countries Netflix expanded to last year account for just 5% of the streaming service’s customer base, according to new research. Despite the slow take-up in new territories, however, the Netflix international subs base will overtake that of the US this year, IHS Markit data suggests. The US-listed company launched in 50 […]

Amazon hires FMI’s Brown as Euro originals chief

Amazon Studios has hired FremantleMedia International’s Georgia Brown as its first director of original television for Europe. The hire brings to an end Amazon Studios’ search for a European content chief, and comes after the Amazon Prime Video SVOD service went fully international in December. Brown’s remit will see her commissioning programming from producers in […]

C More extends SVOD service

TV4 Group-owned C More is launching its subscription video-on-demand service in Finland as part of an expansion of a service that laid claim to be the fastest growing SVOD offering in Sweden last year. The cost of investing in its subscription video-on-demand service led to a higher than expected loss for C More last year, […]

Amazon to maintain originals investment

Amazon’s increased spend on original content will “continue in 2017 and likely beyond”, as it continues to build engagement through its video strategy. Speaking on the company’s fourth quarter earnings call, chief financial officer Brian T. Olsavsky said that last year Amazon Prime customers more than doubled their amount of hours they spent consuming video, […]

BBC, ITV, AMC pact for BritBox US SVOD service

The UK’s two largest broadcasters and The Walking Dead cable net AMC are joining forces to launch BritBox, a new US SVOD service that will debut early next year. The partners said they want to roll out the service in other international markets after the US. BBC Worldwide, the commercial arm of the UK pubcaster, […]

New launches will drive Amazon’s SVOD share

Netflix will become less dominant in western European SVOD over the next five years as Amazon launches across the region and takes share from the market leader, according to new research. Digital TV Research estimates that Amazon will launch its full Prime Video streaming service in 15 western European territories by end-2017. As its regional […]

Amazon snags local content ahead of India launch

Amazon has inked another deal for streaming rights to local movies ahead of its launch in India. The e-commerce giant is about to debut Prime Video service in the country as part of a wider international rollout of the SVOD service, and has been striking local movie deals ahead of launch. The latest agreement is […]

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