Matchstick, the first HDMI streaming media stick based on the Firefox OS, announced that its originally planned February shipment date has now been pushed to August. The company says it has “decided to release the product when it is ready.” The decision to delay is the result of updating the hardware to a faster quad core chipset, improving the antenna to avoid the Wi-Fi connectivity issues experienced by similar products, and developing DRM support in order to attract more premium video apps such as Netflix. Continue reading Matchstick Delays Shipping; Opts for Hardware, DRM Updates

JustWatch is a new service that allows cord cutters to search many streaming services simultaneously to find their desired video content. This streaming aggregator is unique because it is aimed at an international audience, instead of just a U.S. audience. JustWatch also provides updates on new content added to streaming services. The service debuted in the U.S., and will soon be available in Germany and Brazil. Eventually, the company wants to help movie studios target cord cutters using an integrated adtech system. Continue reading JustWatch Is a Search Engine That Scans Streaming Services

Reuters is hoping to better compete with the likes of CNN, CNBC, and other networks for news consumers, particularly those who use mobile devices for their news, by launching a new app that is essentially a “Netflix for News.” The new Reuters TV app requires a $2 per month subscription to access the 30-minute news reports and the live streaming channel. Both on-demand and live content will be downloadable for offline viewing. The iOS app is currently only available in the U.S. and the U.K. Continue reading Reuters Launches Video Subscription Service for Mobile News

Tom Wheeler, chairman of the Federal Communications Commission, has been working to create new rules to help guarantee net neutrality. Over the last year, a debate has unfolded involving the cable television and telecommunications industries, amongst others, while critics and Internet service providers have pointed to concerns regarding a potential shift toward stronger regulation. Wheeler’s plan, which was revealed yesterday and calls for Internet service to be regulated as a public utility, went even further than some analysts expected. Continue reading FCC Chairman Announces His Plan to Ensure an Open Internet

Twitch Interactive announced late last week that it now averages 100 million global viewers per month. The Amazon-owned site hosts live video broadcasts of gamers competing against each other and has been steadily growing in popularity (its current viewing numbers more than double last year’s figures). The announcement comes as Twitch faces an increasing number of competitors, including Dailymotion, GamingLive.tv, Valve and Google’s YouTube. Twitch generates its revenue through advertising and premium upgrades. Continue reading Twitch Commands Live Gaming with 100 Million Monthly Views

YouTube announced it is now defaulting to HTML5 rather than Adobe Flash. A change that has been in development since 2010, the popular video site now uses its HTML5 player by default in the following browsers: Apple’s Safari 8, Google Chrome, Microsoft IE11, and beta versions of Mozilla’s Firefox. The company points to adaptive bitrate (ABR) streaming, the VP9 codec, encrypted media extensions, Web real-time communication (WebRTC), and fullscreen APIs as five key technologies that made the change possible. Continue reading YouTube Stops Using Adobe Flash by Default, Opts for HTML5

Following news of record quarterly earnings, Netflix told Wall Street investors that it plans to expand its video service to 200 countries in the next two years. Netflix added 2.43 million international subscribers in the fourth quarter of 2014 after expanding to 50 countries and its stock jumped more than 20 percent. As part of its ambitious expansion plans, Netflix also wants to start producing 20 original scripted series per year, which could help the company become more successful in international markets. Continue reading Netflix Plans to Add Original Series, Expand to 200 Countries

Yesterday’s fourth-quarter earnings report indicates that Netflix added 13 million subscribers in 2014, including 4.3 million during the final three months (marking the company’s strongest quarter of subscriber gains to date). Netflix earnings also grew to a quarterly high of $83.4 million. “Internet TV is growing globally and Netflix is leading the charge,” claims CEO Reed Hastings. Netflix continues to invest heavily in original content and expand internationally as part of its effort to fend off growing competition from Amazon, HBO and YouTube. Continue reading Following its Record Quarter, Netflix Eyes Global Expansion

It looks like Overstock.com is the latest to throw its hat into the streaming video ring. The Salt Lake City-based company is planning to introduce a streaming video service later this year that will compete in a crowded field that includes its e-commerce rival Amazon. During the National Association of Television Program Executives conference, Overstock Chief Exec Patrick Byrne said the online retailer would launch with about 30,000 movies and TV shows available for rent or purchase and eventually offer original programming. Continue reading Overstock.com to Launch Streaming Video Service This Year

Google-owned YouTube plans to launch a new original programming initiative by the end of 2015, different from its 2012 channel-centric initiative. Alex Carloss, head of originals at YouTube, told attendees at this week’s National Association of Television Program Executives conference that the program would provide financial support for top YouTube talent to produce more original content. However, he stopped short of specifying which talent would be supported and how much would be spent. Continue reading YouTube to Support its Top Talent with Programming Initiative

Amazon announced yesterday that it plans to expand its original programming efforts by producing and acquiring movies for theatrical release and distribution via Prime Instant Video. In a significant departure from the traditional windowing system, the films are expected to be available for streaming in the U.S. 4-8 weeks following their theatrical debuts (movies normally have to wait 39-52 weeks before streaming). The move is part of Amazon’s plan to grow its entertainment arsenal while competing with Netflix. Continue reading Amazon Studios Looks Beyond Original Series to the Big Screen

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

Following his success at Discovery Channel, founder John Hendricks is ready to move forward with another media venture, only this time one built for online streaming rather than pay TV. Hendricks is scheduled to launch CuriosityStream in March, a nonfiction subscription service that offers nature, history, science and technology content on demand. As with most subscription services, CuriosityStream hopes to tap into the non pay TV market first before pushing to add from pay TV households. Continue reading Discovery Channel Founder to Launch Subscription VOD Service

NanoTech Entertainment is hoping that its 4K movie-streaming service, UltraFlix, will become the Netflix of Ultra HD. However, its immediate obstacle is a lack of 4K content, which is expected to change now that more companies are embracing the format. Consumers who already purchased a 4K smart TV from Hisense, Samsung, Sony or Vizio likely already have the UltraFlix app (next up is LG, Panasonic, Sharp and Toshiba, according to NanoTech). Competing with Netflix and Amazon could prove an additional obstacle. Continue reading UltraFlix Aims to Become Your Choice for Streaming 4K Content

Online streaming continues to make headlines — from notable CES announcements (including upcoming HDR support from Netflix) to Golden Globe wins for “Transparent” and “House of Cards.” In the wake of Amazon unveiling its full lineup for the next pilot season and Netflix revealing a planned reboot for cult comedy “Wet Hot American Summer,” it looks like Woody Allen fans may also have a reason to celebrate. The iconic writer, director and performer has been tapped to create his first series, which will premiere exclusively on Prime Instant Video. Continue reading Amazon Studios Orders Full Season of First Woody Allen Series