Slashdot is powered by your submissions, so send in your scoop

 



Forgot your password?
typodupeerror
×
Movies Businesses

Global Video Streaming Market is Largely Controlled by the Usual Suspects (venturebeat.com) 39

An anonymous reader shares a report: Weeks after Steven Spielberg took a swing at Netflix and Hulu, the Hollywood legend had a change of heart about the medium, appearing at Apple's star-studded event to help the iPhone-maker launch a streaming service. The embrace comes as people are increasingly cutting their cable connections and moving to streaming services for their entertainment needs. Just last week, the Motion Picture Association of America (MPAA), a trade body that represents major Hollywood studios and Netflix, reported that video streaming services now have more subscribers worldwide (613.3 million users) than those with a cable connection (some 556 million users). Another disruption is nigh. Revenue generated by streaming services is set to surpass worldwide theatrical revenue this year, according to research firm Ampere Analysis. Media and technology companies are naturally fighting for a piece of that pie.

Here's a look at some of the biggest rivals, the markets they operate in, and how they are trying to win customers. At the top of the list is Netflix, which began offering a streaming service in 2007, long before most companies even considered getting in the ring. This gave Netflix enough breathing room to bulk up its content catalog through licensing deals with cable networks and content studios. Twelve years later, Netflix has amassed 139 million subscribers in over 190 nations and territories. Following in Netflix's footsteps is Amazon, which has also made its Prime Video streaming service available in over 190 nations and territories. [...] While YouTube is the most-consumed video streaming app in most markets, Netflix is leading in revenue worldwide. As of 2018, Netflix generated more revenue than any other video streaming service -- and in some cases, more than any app in any category -- in Argentina, Australia, Brazil, Canada, Denmark, Finland, France, Germany, Hong Kong, India, Indonesia, Malaysia, Mexico, Netherlands, Singapore, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, the U.K., the U.S., and Vietnam, among other markets, according to App Annie.

This discussion has been archived. No new comments can be posted.

Global Video Streaming Market is Largely Controlled by the Usual Suspects

Comments Filter:
  • After watching Netflix for a while, I am starting to wonder if what makes more sense is to make high quality movies for a platform like Netflix, then if it's widely liked release it into the theaters - people who really liked it might want to see it on a big screen (or 3D), people who hadn't seen it would be drawn to subscribe to your service... and on tap of all that the theaters could be more sure people actually liked what they were gong to put in a theater.

    • Theaters were invented back in the day when people couldn't afford to own their own projector, sound system, and screen. Instead, one person would buy those (expensive) items, and rent out seats to allow people to watch movies on their equipment.

      TVs partially displaced theaters, but not entirely because the image and sound quality wasn't as good, and the screen wasn't as big. HDTVs and especially 4k TVs pretty much match theaters in image quality. A lot of people's sound systems now rival a theater's (
      • (The current generation of kids seems to prefer virtual social interaction over the Internet over physical social interaction.)

        Yeah but after the internet is done getting fucked by the great firewall, repealing net neutrality the upcoming article 11.13 in the eu and go only knows what other attacks the internet will be little more than just another advertising stream and unless they want to pay through the nose people will start to remember that they can just go and talk to someone

  • Make it easier than piracy and they will come. It’s 2019 I should be able to stream any video ever made on any device.
    • Make it easier than piracy and they will come. It’s 2019 I should be able to stream any video ever made on any device.

      They started doing that and it started working and almost go there then all the studios looked at how much netflix was making and decided they wanted a piece of that pie and are now succeeded in splitting the market up and making piracy the easiest option again.

  • There are plenty of cable and satellite packages that include streaming services. Most people that subscribe to streaming services will probably own an internet package. That internet package might possibly be bundled with cable services. The use of these services are not mutally exclusive. The author might as well be claiming that higher cereal sales are threatening the milk industry.
  • You think you know who they are. But they are all being manipulated by the guy with the fake limp.

  • Hand *me* the keys, you F***g c***ker

  • Hulu will never be global. In fact, I don't think it will ever be available beyond the US or Japan.

"An idealist is one who, on noticing that a rose smells better than a cabbage, concludes that it will also make better soup." - H.L. Mencken

Working...