Global video-on-demand subscriptions set to near 1bn by 2024 June 3, 2019 Global subscriptions of on-demand video platforms are set to surge towards 1bn over the next five years, new figures have revealed. The total number of subscriptions will soar 86 per cent from 439m last year to 947m in 2024, according to London-based firm Digital TV Research. Read more: Live TV still holds top spot despite [...]
Easyjet and Marks and Spencer candidates for relegation in FTSE reshuffle June 2, 2019 Easyjet looks set to be the next company to fall out of the FTSE 100, with several others, including Marks and Spencer, nervously eyeing the drop ahead of the blue chip list’s reshuffle on Wednesday. The budget carrier has faced a turbulent time, which has pushed shares down 22 per cent in the last six [...]
Netflix raises prices by 20 per cent as it blames $15bn production budget May 30, 2019 Netflix is raising the prices of some of its subscriptions by as much as 20 per cent as it prepares to ramp up investment in new TV shows and films. The streaming service is increasing the cost of its standard plan, which allows users to watch on two screens, by £1 to £8.99, while the [...]
Netflix and Amazon cash in on British streaming market with double the revenue of UK services May 29, 2019 Netflix and Amazon’s revenues from UK streaming customers last year was £1.1bn, twice the amount the Britain’s biggest broadcasters made from their own streaming platforms. Netflix made around £693m in revenues from its UK subscriber base of 10m people last year, while Amazon generated £400m from 7.7m subscribers to its Prime Video platform. The figures, [...]
Live TV still the top choice for Brits despite rise of on-demand viewing May 28, 2019 Broadcast live TV is still the go-to option for Brits when deciding what to watch, despite the surge in popularity of on-demand services, a new survey has revealed. More than two-fifths of the UK population still always turn to live TV in the first instance, making traditional broadcasters the most popular choice, according to research [...]
Ofcom expresses concern over reality TV after Jeremy Kyle Show death May 21, 2019 Ofcom has expressed concern about the treatment of reality TV stars, a week after ITV axed the Jeremy Kyle Show following the death of a contestant. Appearing in front of the Digital, Culture, Media and Sport Committee, Ofcom chief executive Sharon White said the regulator is “particularly concerned” about the duty of care broadcasters have [...]
Netflix signs Pinewood Studios deal as it ramps up investment in British shows May 19, 2019 Netflix has reportedly signed a deal to lease a third of the space at Pinewood Studios as it looks to ramp up its investment in British TV shows. The US streaming giant is set to take roughly 150,000 square feet of space at the famous film studios in Buckinghamshire, the Sunday Telegraph reported, citing sources. [...]
Even ITV’s big dividend can’t win over investors May 17, 2019 | City Talk After falling again sharply on these first-quarter results, interactive investor's head of markets explains why ITV is finding life so hard. Strategically, the song remains the same at ITV (LSE:ITV) as it continues to respond to changing viewer habits, while also lessening its reliance on traditional advertising. Indeed, there are signs of progress on both [...]
MPs launch probe into reality TV following Jeremy Kyle Show death May 15, 2019 MPs have launched an inquiry into reality TV shows just hours after ITV axed The Jeremy Kyle Show following the death of a guest. The DCMS Committee said it will probe production companies’ duty of care to participants and ask whether enough support is offered both during and after filming. Read more: ITV revenues slip [...]
Brexit talks: Still no progress in discussions between the Conservatives and Labour May 13, 2019 Brexit talks between the Conservative and Labour frontbenches ended in stalemate yet again on Monday despite frantic speculation a crunch vote was set for later this week. Tory MPs were told a three-line whip was in operation for Thursday – meaning an important vote was scheduled – before it was downgraded to a one-line whip. [...]