Netflix now takes 14% of its revenues from its international businesses. Publishing its Q2 results the streaming service said that its international membership grew by 1 million on the quarter to reach 7.1 million.
Companies such as Netflix, Hulu, Apple, and Amazon helped drive the OTT video market past $8 billion in 2012, according to ABI Research.
Liberty Global CEO Mike Fries says there are lessons to be learnt from over-the-top steamer Netflix, but made it clear cable would have the final say.
Netflix has beaten everyone’s expectations by announcing it added nearly 10 million global streaming members in 2012, bringing the total to over 33 million global streaming members worldwide.
Nintendo is introducing Nintendo TVii, a free, integrated service for the recently launched Wii U console, in the US and Canada
Netflix has signed a major deal with The Walt Disney Company that will give it exclusive access to new cinema releases from Disney, Pixar and Marvel, starting in 2016.
13% of broadband subscribers in the US, some 11 million households, do not subscribe to cable-like pay-TV services, according to research from TDG.
Netflix has adopted a “poison pill” strategy to protect itself against a possible takeover led by billionaire investor Carl Icahn.
Boxee has entered a new phase in its marketing strategy by siging an agreement with the world’s biggest retailer, Walmart, to offer Boxee TV in all their US stores.
Shares in Netflix have been reignited after it had emerged billionaire investor Carl Icahn had taken a 10% holding in the online streaming platform.