Netflix - Latest updates on Netflix

Netflix joins elite club as its market value reaches 12 digits 25 January 2018

With a humongous subscriber base and an impressive first quarter, Netflix is currently shining bright as its shares surged by 10%,  setting a new record. As a result, the streaming giant’s market value stands at a whopping USD 110 billion. … Continue reading

Millennials dominate Mexican OTT industry 24 January 2018

According to a report, Mexican subscribers, aged between 18 and 34 years are the primary consumers of (over-the-top) OTT platforms. The report which examined the consumption habits of 10,664 subscribers in the months September and October suggests that 25% of … Continue reading

Indian startup setup theatre for OTT screening 23 January 2018

Teriflix, a Bengaluru based tech startup has given binge-watching a new meaning as it comes up with the first mini-theatre for screening over-the-top (OTT) content from online video platforms such as Netflix, Amazon Prime Video, etc. The setup will have … Continue reading

Amazon Alexa transforms Radisson Studio room into Smart room 17 January 2018

Hotel Park Inn by Radisson IP Extension has announced the launch of six voice-enabled studio rooms which have Amazon’s AI-powered Echo Dot devices installed. These rooms are touted to be “world’s first hotel rooms to have a complete automation of … Continue reading

Netflix becomes the top earning non-game mobile app 16 January 2018

According to a report, Netflix registered a gross subscriber revenue of nearly $510 million in 2017, representing a 138% increase in total user spending in the app since 2016. The number which is about 2.4 times the previous year’s, has … Continue reading

Netflix signs content deal with NBC 16 January 2018

Netflix and NBC Olympics have joined hands for a preview of the upcoming Winter Olympics 2018. The aim of the show is to hype up the audience prior to its February 9th commencement. The association will introduce athletes to the … Continue reading

Discovery partners Netflix for new channel 12 January 2018

Discovery teams up with Netflix for its new Indian channel Discovery JEET which will be distributed by the later across 190 countries after the channel goes live on 12th February. In its first year, Discovery JEET is set to have … Continue reading

Netflix dominates UK SVOD market 11 January 2018

While Netflix and Amazon have not officially come up with territorial subscriber data, according to a report from the Broadcasters’ Audience Research Board, Netflix has a strong dominance over Amazon in UK SVOD market. However, Amazon registers a better growth … Continue reading

Global Users spend 5 hours in watching videos per day 11 January 2018

According to a report straight from the CES event in Las Vegas, global media consumers spend 5 hours a day in consuming videos which are 20% of their waking life. The survey that included 8500 pay-TV and over-the-top (OTT) subscribers … Continue reading