Wuaki.tv will launch in ten new countries by the end of next year. Target markets include Austria and Ireland, where the company will launch in the first half of 2015.
Wuaki.tv now has over 400,000 registered users in the UK as of December 2014, a 220% increase over the last 12 months. Company revenues have also increased 212% during this period.
The total user base now stands at 1.85 million, an 85% increase over last year, and global turnover has increased by 94%. Wuaki.tv is available in the UK and Spain and during the past year rolled out in France, Germany, and Italy.
The huge growth has been driven in part by the proliferation and consumer adoption of Smart TVs, which continue to be the main device of choice for Wuaki.tv customers streaming movies and TV
series, with almost 40% watching content on their big screen.
However, other gadgets are proving popular as more people get used to streaming content on multiple devices. Over a quarter, 28%, of Wuaki.tv users stream to smartphones and tablets, 21% stream direct to a web browser and 11% to a games console.
When compared to 2013, streaming to smartphones and tablets is far outpacing growth on other devices. The total number of movies and TV series streamed to mobile devices has increased by 305% in the last year, indicating people are increasingly watching long-form content on a smaller screen.
During 2014, the blockbuster Martin Scorsese hit The Wolf of Wall Street was the most streamed title, followed by Frozen and Maleficent. The other top titles were Captain America: The Winter Soldier at 4, followed by 5) The Amazing Spider-Man 2; 6) The Lego Movie; 7) X-Men Days of Future Past; 8) Divergent; 9) Noah and 10) Bad Neighbours.
“We are very proud of how well Wuaki.tv continues to be received in the UK, and across the new European countries where we have launched,” commented Jacinto Roca, founder and CEO of Wuaki.tv.
“Our mission to empower the user to choose not only the content they want to watch, but also when and on what platform is clearly paying off.”
