Netflix subscriber numbers rise but it faces “poaching” lawsuit from Viacom

New to Netflix Originals, it’s The Good & The Bad Place… that’s where the subscription TV- and movie-streaming service finds itself this week. It now has 137m subscribers globally, growing by 7m in the three months to September. This was above projections and the company’s biggest quarterly growth to date. Revenue in the quarter grew 34% […]

Netflix joins Spotify in bypassing Apple in-app subscriptions

Netflix is testing changes to the way it charges iOS users for its monthly subscriptions – and that’s a move that will be of intense interest to the music-streaming world in the coming days and weeks. TechCrunch has the details, reporting that Netflix is testing a new subscription method in 33 countries where, instead of […]

Netflix sees its next 100m subscribers coming from India

The Financial Times has a good piece on video-streaming service Netflix’s ambitions in India where it’s starting to invest more money in original shows and films. It quotes CEO Reed Hastings speaking at a Delhi conference, saying “Even we couldn’t have predicted the last two years of Indian internet growth” and adding that in terms of Netflix […]

PwC predicts video-streaming will be a $30.6bn market by 2022

The global ‘over-the-top’ video market will grow from $22.6bn in 2018 to $30.6bn in 2022, according to the latest prediction from PricewaterhouseCoopers. Its Global Entertainment and Media Outlook 2018-2022 report suggests that 79.6% of OTT revenues – over-the-top means video delivered outside the traditional cable/satellite/terrestrial broadcasting networks – last year came from subscription video-on-demand (SVOD) services […]

Netflix raises $1.6bn for content acquisitions and originals

Netflix had already announced plans to spend between $7bn and $8bn on content in 2018, but there was a question about how the publicly-listed company planned to finance that investment in licensed shows and films, plus its own originals. Now that question has been partially answered: yesterday Netflix raised $1.6bn of debt funding through a […]

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