Good news for the home entertainment industry. The 2013 figures are in and the Digital Entertainment Group has announced a second annual year of growth for electronic sell-through and video-on-demand. EST (now referred to as Digital HD) was up 50 percent for the year, topping $1 billion for the first time. VOD rose 5 percent over 2012 to $2.1 billion. Spending on digital copies of television and movie titles was up 1 percent to $18.2 billion in total revenue. Continue reading DEG Announces VOD and Digital HD Spending Growth in 2013

According to the “Online TV and Video Forecasts” report from Digital TV Research, worldwide online television and video revenues over fixed broadband networks is projected to reach $34.99 billion in 2018. The projection marks a significant increase from the $3.98 billion recorded in 2010 and the $15.94 billion expected this year. The report predicts that 520 million homes in 40 countries will watch online TV and video by 2018. Continue reading Significant Jump for Global OTT Television Projected by 2018

Atlanta-based MovieStop, with 44 stores in 10 states, is launching a new digital platform that offers electronic sales of movies and TV shows, many to include UltraViolet functionality. MovieStop has been running a buy, sell, trade business model since 2004 that originated during its time as a subsidiary of video game retailer GameStop. It has partnered with Philadelphia-based FlixFling.com in the joint venture. FlixFling operates a cloud-based digital locker for independent movies. Continue reading UltraViolet: Retailer MovieStop Launches New Digital Platform

An analysis of ratings for Turner’s Cartoon Network suggests that children’s cable programmers may be suffering as a result of Netflix deals. At the beginning of 2013, Turner solidified a deal with Netflix that included shows on Cartoon Network and Adult Swim. Since Cartoon Network content became available on Netflix at the end of March, data has revealed that ratings in Netflix households have been 10 percent lower than those of non-Netflix households. Continue reading Cartoon Network: Are Ratings Suffering Due to Netflix Deal?

Newly released statistics indicate that Apple’s iTunes and subscription service Netflix continue to lead the Internet video market. Earlier this month, we reported that Netflix held a clear lead in SVOD viewership over Hulu and Amazon for Q1. Yesterday, Apple announced that iTunes viewers are purchasing more than 800,000 TV episodes and 350,000 movies per day. Additionally, Apple announced that HBO GO and WatchESPN are now available directly on Apple TV. Continue reading Apple iTunes and Netflix Dominate the Online Video Market

DreamWorks Animation has signed a multiyear deal to produce original series for streaming video service Netflix. While financial details were not disclosed, the companies announced yesterday that more than 300 hours of programming are planned to debut exclusively on Netflix. A kids’ show based on DreamWorks’ summer movie “Turbo” will debut online in December. Netflix will also replace HBO as DreamWorks’ premium subscription video partner, beginning with this year’s theatrical releases. Continue reading DreamWorks Animation Passes on Cable in Favor of Netflix

Netflix today announced the launch of Netflix Families, a new destination site intended to promote Netflix’s family-friendly offerings. The website features Netflix recommendations for parents and children, streaming tips and promotional content. Also, Amazon announced that it has added more than a thousand books, games, educational apps, movies and TV shows to its Kindle FreeTime Unlimited, including kids’ titles from Disney, Warner Bros. and Electronic Arts. Continue reading Netflix and Amazon Continue Pursuit of Younger Audience

Multiple sources familiar with the ongoing Hulu acquisition talks have suggested that a deal with DirecTV is in “very advanced stages” and could close by the end of this month. If the deal is approved, DirecTV would acquire over 4 million paying Hulu Plus subscribers, which generated $695 million in revenue last year, including advertising. The latest negotiations have reportedly ranged in price from half a billion to more than a billion dollars, depending on structure and terms. Continue reading Inside Sources Believe DirecTV will Acquire Hulu this Month

The NPD Group has released its Q1 2013 figures for streaming video-on-demand and, not surprisingly, Netflix is still in the lead. However, more consumers are trying alternatives as Hulu Plus and Amazon Prime experienced gains. According to NPD’s VideoWatch VOD report, the number of viewers watching TV shows using SVOD services increased 34 percent, compared to Q1 2012. Netflix dominated at 90 percent, although 4 points lower than last year. Continue reading Q1 Report: Netflix Leads SVOD, But Viewers Trying Others

Netflix is spending billions as television evolves from a linear delivery model to a world of competing apps and new screens. CEO Reed Hastings released an 11-page paper this week on the company’s investor relations site that outlines ambitious plans for the future. While we’ve heard some of Hastings’ points in the past, the paper offers new insights regarding the transition from traditional linear TV to a new era of Internet-delivered on-demand content. Continue reading Netflix Spends Big in Effort to Lead Internet TV Transition

Subscription Video On Demand services are helping ease the film industry’s pain regarding slumping DVD sales. But is it happening fast enough? Speaking at the Film Finance Forum West, Eli Baker, a partner at Hemisphere Capital Management, noted that determining whether the industry is making that money back dollar-for-dollar is a difficult thing to pinpoint — though he does say there’s reason to be optimistic. Continue reading Subscription VOD Earnings Do Not Offset Falling DVD Sales

According to a survey conducted by financial services firm Cowen & Co., about 23 percent of Netflix subscribers say they have canceled their premium TV service after opting to pay for broadband access to stream TV over the Internet — signifying a direct tie to cord-cutting. Among the 1,200 respondents, 46 percent said they have access to Netflix, while 28 percent are paying for the SVOD service. Continue reading Numbers Are In: Survey Says Netflix Leads to Cord-Cutting

According to Variety, 2012 was more about what didn’t happen than what did happen when considering the intersection of TV and digital media. As the multichannel world continues “begging for disruption,” the cost of the “average pay-TV subscription has skyrocketed 68 percent over the past 10 years,” notes the article. It seems something will definitely have to give, “but despite the fragility of their delicate bond, programmers and distributors didn’t face any real challenge in 2012 from any of the expected upstarts hoping to gain rights to live TV and package it in more innovative ways.” Continue reading In a Multichannel World, Pay TV Fought its Future in 2012