Execs Discuss the Future of SVOD in Netflix Q3 Earnings Call

North American pay TV providers recently experienced their worst quarter ever, losing nearly a half million subscribers. But where are these subs going for video services? Recent figures point to Internet TV. Juniper Research, for example, projects that subscriber numbers to over-the-top TV services such as Netflix and Amazon Prime will increase from 92.1 million in 2014, to 332.2 million globally by 2019. Netflix alone will generate $31.6 billion by 2019, up from just under $8 billion in 2014. The recent Netflix Earnings Call provides a revealing portrait that points out challenges and opportunities that reflect the state of the industry. Continue reading Execs Discuss the Future of SVOD in Netflix Q3 Earnings Call

Pay TV Industry Loses 532,000 Subscribers in North America

Cord cutting continues to impact the pay TV industry. According to a new report from Strategy Analytics, the top 20 cable and satellite TV providers lost 479,000 subscribers in the U.S. between April and June, while operators in Canada lost 53,000 customers, marking the highest rate of decline experienced thus far in North America. The report comes after the first net drop of pay TV subscribers for the first three months of a year, following a disappointing Q1. Additionally, digital IPTV subscriptions fell by 62,000 in the U.S. and 9,000 in Canada. Continue reading Pay TV Industry Loses 532,000 Subscribers in North America

Paramount Shortens Release Date from Movie Theater to DVD

Paramount Pictures has inked a deal with two major theater chains to release two upcoming films on DVD just two weeks after they leave theaters, a significant change to the traditional schedule. Since the 1980s, and the advent of the VCR, studios have waited at least 90 days, so this new deal marks a real break with the status quo. The Viacom-owned movie studio has partnered with AMC Entertainment Holdings Inc. and Canada’s Cineplex Inc., two of North America’s largest exhibitors. Continue reading Paramount Shortens Release Date from Movie Theater to DVD

Research Points to Increase in Cord Cutting and Cord Shaving

According to a recent study, the number of consumers in North America who are cutting the pay TV cord in favor of OTT streaming video services is growing. TiVo subsidiary Digitalsmiths reports that 8.2 percent of survey respondents were no longer paying TV subscriptions as of 2014, a 1.3 percent increase over the previous year. Interestingly, an impressive 45.2 percent indicated that they downsized their cable or satellite TV bundles during the same period in the wake of paying for services such as Netflix, Hulu or Amazon Instant Video (a trend referred to as “cord shaving”). Continue reading Research Points to Increase in Cord Cutting and Cord Shaving

Sony Announces 1TB PlayStation Will Be Thinner and Lighter

In the wake of E3, Sony has announced that its new PS4 will be thinner, lighter and pack more storage than its predecessor. The new PlayStation 4 1TB Ultimate Player Edition, coming to North America next month, will weigh 10 percent lighter than the current PS4 and use 8 percent less power. The new console will come in black or white with a hard drive bay cover in a matte finish, which Sony suggests provides “a more casual look.” Earlier this month, Microsoft confirmed that its latest Xbox One would feature 1TB of storage and an upcoming wireless controller. Continue reading Sony Announces 1TB PlayStation Will Be Thinner and Lighter

Netflix Continues to Dominate Internet Traffic in North America

According to a new report by broadband networking company Sandvine, Netflix continues to dominate North American Internet traffic. The streaming service currently accounts for 36.5 percent of downstream fixed network traffic during peak evening hours. YouTube also accounts for a significant share with 15.56 percent of peak downstream traffic. The report notes traffic growth for HBO and Amazon Instant Video, while BitTorrent file-sharing traffic is declining, accounting for 6.3 percent of total traffic in North America. Continue reading Netflix Continues to Dominate Internet Traffic in North America

Cisco Projects 80 Percent of Internet Will Be Video by 2019

While Netflix and YouTube combined account for roughly half of all Internet bandwidth consumed during peak hours in North America, the latest projections from Cisco suggest even greater growth for online video. The company predicts that in five years, video will be responsible for 80 percent of the world’s Internet consumption (and 85 percent in the U.S.). Cisco explains that the growth will be the result of cord-cutting, mobile expansion, Internet users consuming more (and higher quality) video, and an increase in the overall number of global users. Continue reading Cisco Projects 80 Percent of Internet Will Be Video by 2019

North America to Run Out of Internet Addresses This Summer

The supply of new Internet Protocol addresses has almost run out, which means that companies will likely need to invest a significant amount of money to pay for pricier addresses and system upgrades. IP addresses are similar to telephone numbers that specify where data is going when it is transferred over the Internet. Companies may now have to spend millions of dollars switching to Internet Protocol version 6 (IPv6) to get more addresses for their various online operations. Continue reading North America to Run Out of Internet Addresses This Summer

Data Balkanization: Google Updates Cloud-Based App Engine

Google has updated Google App Engine, its cloud-based app-building tool, so that the apps can now be taken to another cloud provider to run. The change is designed to help Google retain customers despite new cloud balkanization rules that limit where data can be stored. Developers will still be able to build their apps with App Engine and they can run the app through Google’s cloud service in North and South America or they can access other data centers through AppScale. Continue reading Data Balkanization: Google Updates Cloud-Based App Engine

DTS:X is a New Immersive Sound System for Movie Theaters

Audio technology company DTS will join Dolby and Barco in bringing object-based immersive sound systems to cinemas. The company already offers its DTS:X system for home theaters, but now DTS is delivering its tech to commercial theaters with a lower entry cost than rival systems. According to The Hollywood Reporter, the DTS:X system is lower in cost since theaters can start with just a few additional speakers and a supported server. About 350 DTS:X system installations are scheduled for this summer in Asia. Continue reading DTS:X is a New Immersive Sound System for Movie Theaters

Sparked by Growth in China, Worldwide Ticket Sales Increase

According to the Motion Picture Association of America, global box office numbers were up 1 percent in 2014 over 2013, but ticket sales in North America dropped about 5 percent. The MPAA notes that China saw significant growth, a 34 percent increase year-over-year. Global ticket sales climbed to $36.4 billion last year — with $10.4 billion recorded for the U.S. and Canada and $4.8 billion in China. While domestic per capita ticket sales increased among moviegoers 50 to 59 and slightly among those 40 to 49, sales among viewers younger than 40 dropped. Continue reading Sparked by Growth in China, Worldwide Ticket Sales Increase

Sony to Add Spotify Music Service to its PlayStation Network

Sony recently announced that it plans to replace its Music Unlimited service on the PlayStation Network with popular digital music service Spotify. Come March 29, PlayStation users will be able to connect their Spotify accounts, both free and premium, to run through the PlayStation Network and stream music while they play games. The new partnership could generate new subscribers for Spotify and help it take on competitors, since Sony’s PlayStation Network currently has about 64 million active users. Continue reading Sony to Add Spotify Music Service to its PlayStation Network

Economists Question Claims of Facebook Global Impact Study

A study commissioned by Facebook found that the social network currently accounts for $227 billion in global economic impact and has helped create 4.5 million jobs. The company claims that its social network drives smartphone purchases and creates job in both tech and non-tech industries. However, independent economists believe those numbers may be overstated because Facebook and Deloitte, the company that prepared the report, may have used incorrect assumptions. Continue reading Economists Question Claims of Facebook Global Impact Study

Research Points to Millennials Spending $62 Billion on Media

Deloitte forecasts that the 83 million 18- to 34-year-old consumers in North America will spend about $62 billion on media consumption in 2015, an average of $750 per person. Roughly 80 percent of millennials are projected to spend an average of $80 per month on pay TV, with another $40 per year for streaming video services such as Netflix or Amazon Prime. The same demographic is likely to spend about $100 on concerts and $25 a year on music downloads and streaming services, according to Deloitte. Continue reading Research Points to Millennials Spending $62 Billion on Media

CES Kick-Off: The Magnificent Seven and a Trillion Dollar Year

The Consumer Electronics Association raised the curtain on the 2015 International CES Sunday afternoon with media-only presentations on Trends to Watch this year and a comprehensive briefing on the State of the Consumer Tech Industry. Shawn Dubravac, CEA’s chief economist, shared business trends, market forces and consumer dynamics behind the technology on display at the 2015 CES. Steve Koenig, CEA’s director of industry analysis, said consumer tech spending for 2014 is estimated at $1.024 trillion. Continue reading CES Kick-Off: The Magnificent Seven and a Trillion Dollar Year

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