#Netflix subscriptions benef from confinement
“The company added 10.1 million new paid subscribers – well ahead of the 7.5 million net additions it forecast in April and significantly higher than the 2.7 million subscribers it added in the second quarter of 2019. In the first half of the year, Netflix said it’s added 26 million paid memberships. It added 28 million new subscribers in all of 2019.
#Peacock makes #streaming debut
“According to Sensor Tower, Peacock’s first-day demand wasn’t as high as Disney Plus, which garnered 10 million first week sign ups back in November. But Peacock’s debut was far more boffo than other recent streaming wars debuts, notably Quibi and HBO Max, neither of which topped the mobile app charts. “Peacock is second only to Disney Plus among all new subscription video on demand (SVOD) app launches since at least 2014.”
#Netflix narrowing gap to pay TV
“For those who default to an online source, nearly half (23% of the 50%) say that online source is Netflix. In fact, Netflix, by itself, is now nearly as likely to be consumers’ TV home base as all live TV channels accessed through pay TV combined,” wrote Hub. The firm said that in 2016, live TV from a pay TV service was three times as likely as Netflix to be viewers’ TV default, but today, Netflix trails live viewing by seven percentage points.
#TikTok close to multi-billion deal with Oracle for its Western operations
“TikTok’s Beijing-based parent company, ByteDance, is reportedly close to selling the short-form video company’s Western operations to a U.S. company, with Oracle bidding against a joint effort from Walmart and Microsoft to pay a sales price said to range from $20 billion to $30 billion.”
#YouTubeRed sensation Cobra Kai confirms hit status in #Netflix debut
“Cobra Kai, a surprise hit streaming series when it debuted on the erstwhile YouTube Red subscription platform back in 2018, made its debut Friday on Netflix.”
Analysis: #Netflix could reach 500 million subscribers by 2030
“The growth prediction is based primarily on Netflix’s prospects in international markets. That includes the U.K., where 72% of RBC’s survey respondents say they watch Netflix, up from 67% a year ago, and India, where 49% of subscribers also subscribe to Netflix Mobile plans.”
#FacebookWatch – About Facebookwatch growth
“Facebook’s somewhat overlooked video platform competes in the area of short form video with YouTube, which averages more than 2 billion viewers a month.”