Keyword: Netflix

NBCUniversal is following Disney and WarnerMedia into the streaming video space—albeit with a different business model—but it doesn’t seem overly concerned by the competition.

Based on 66 OTT providers, led by Netflix, Hulu and Amazon, the firm estimates U.S. OTT access revenue grew 37% to $16.3 billion in 2018 and will grow even further to reach $22 billion for 2019.

Amazon Prime Video and Netflix have dominated the SVOD market, and both have expanded globally—strategies that are paying off for both companies.

Netflix's first-quarter results had many analysts shrugging off concerns of subscriber churn and competition from Disney+ and WarnerMedia.

Netflix added 9.6 million new paid subscribers during the first quarter, well ahead of the 8.9 million it was expecting.

FierceVideo is tracking first-quarter earnings results from streaming media companies, programmers, pay TV operators and broadcasters.

Netflix is scheduled to announce its first-quarter financial results later today, but the company likely has more than 150 million new subscribers.

The Scalable Video Technology for AV1 is seeing more than 50% better bit rate efficiency than AVC with no drop in quality, says Intel.

With online video services growing and pay TV services shrinking, it was just a matter of time before streaming overtook cable. That time was 2018.

Netflix faces headwinds in India, where Hotstar dominates. Now Netflix is testing new plans in the country in hopes of growing its subscriber base.