SVOD is still a minor segment of the overall streaming market in Germany. Proportionally, Germany spends less than half of US households ($24 billion) on SVOD services when adjusted for currency and population.
The growth of SVOD services in Scandinavia shows no signs of slowing down. Despite heavy competition from local services Netflix has gained four million subscribers.
Since the COVID lockdown began, nearly five million UK households have signed up for a streaming service. Netflix, Amazon, and Disney+ have been the primary beneficiaries of this boom.
COVID-19 has decimated global content pipelines by halting film production, canceling greenlit projects, and closing cinemas. However, the present disruptions have only accelerated transformations that were well underway.
With most of the world in mandatory lockdown, Netflix doubled its quarterly subscriber estimates from January through March by adding 16 million new subscribers.
As the coronavirus and subsequent global shutdown forces film and television production into an unprecedented standstill, streaming services are accelerating their takeover.
The major studios sabotaged the dream of a la carte programming and are now attempting to transform streaming into cable television via an ethernet connection instead of coaxial.
AVOD is gaining ground on SVOD in the United States. The proportion of television viewership that is through streaming services has almost doubled since 2018.
Streaming giant Netflix officially opened its latest non-US office in Paris last month, signaling a deeper commitment to Europe. Netflix now has four offices in Europe.
In the fourth quarter, two million US subscribers cut the cord on traditional television packages from AT&T, Comcast, Charter, and Verizon, up from 1.7 million in the third quarter.
Disney+ nearly triples its subscriber base since launching in November. Through January, the streaming service has 28.6 million subscribers, up from 10 million weeks after it debuted.
Deal activity is muted so far at this year’s festival despite claims that producers and sales agents were withholding their best films at TIFF in September to introduce at Sundance.
Netflix missed its subscriber forecast in the US and Canada. Despite that, the streamer beat its overseas estimate of 7 million by adding 8.33 million.
Netflix shocked most industry observers by receiving a leading 24 Academy Award nominations, more than any other distributor, including two for Best Picture.
After a lackluster Sundance in 2018, last year was full of mega-deals, especially by Netflix and Amazon. Buyers spent over $120 million acquiring rights to some 40 films.
After the abysmal start to Apple’s new streaming service, Apple TV+, the tech company is searching for relevance with a new leader and a possible strategic acquisition.
There is a mad rush by the most significant content creators, especially streaming services, to utilize the production infrastructure in England as a base of European operations.
Netflix continues to publicize unsubstantiated claims that its original films and shows outperform third-party content contrary to all independent research.