Items tagged with online streaming
Netflix is a streaming giant, offering its services in all of North America, South America, parts of Europe (including the UK, Ireland, Germany, and France), and Australia, among other countries (a Japanese launch is coming this fall). Netflix has over 40 million customers in the United States, and 60 million total globally. During Q1 2015 (PDF), its subscribers streamed more than 10 billion hours of programming. As growth in the U.S. market has slowed, Netflix is increasingly turning its attention towards expanding into more global markets. And what better way to significantly boost its international presence than to take the Chinese market by storm? The Wall Street Journal is reporting that...
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YouTube is beginning to roll out a new movie rental service, albeit in a fairly small fashion. Currently, YouTube is offering five titles from independent filmmakers. The five titles will be available through the end of this year's Sundance Film Festival. Although YouTube's new offering doesn't begin to compete with other online rental services such as Netflix which offers thousands of films, YouTube plans to offer more movies at some point. Furthermore, the move represents a significant shift for the online video site which has traditionally thrived by offering free video clips and earning money primarily from advertising revenue. YouTube also currently offers some older, full-length movies...
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Most of us still watch movies the old fashioned way: on DVD. Okay, maybe watching movies on DVD isn't that old, but for every $10 U.S. consumers spend on movie and TV entertainment, $8 of it goes to purchasing or renting DVDs... Which certainly makes us wish we bought Netflix stock when it first starting trading publicly in 2002. But DVDs won't remain the number one movie and TV source forever. And no, Blu-ray is unlikely to be DVD's ultimate successor either. The future--and it's not a very distant future--of movie and TV consumption is via online streaming. Netflix knows this and it is why the company has been building its film and TV streaming library for the last year and a half. The problem...
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