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As Europe Takes on Netflix, Amazon Studios Bets Big

As Europe Takes on Netflix, Amazon Studios Bets Big

A new barrage is being fired by Amazon in its international battle with Netflix for the flourishing online streaming market. And yes, it features Julia Roberts and more. Altogether, an estimated $4.5 billion (4.0 billion Euros) is being invested by the US internet shopping leader this year to stream content...
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Estimated increase in Netflix subscribers by 2023

Estimated increase in Netflix subscribers by 2023

Streaming giant Netflix (NASDAQ: NFLX) had a stock drop to almost 21%, a month later after its second-quarter financial report. It happened as soon as the company posted an unusual miss in its subscriber forecast. 5.15 million Subscribers were added by Netflix globally, ending the quarter with 130 million customers 25% year over...
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Netflix’s International Penetration Is Sky-Rocketing

Netflix’s International Penetration Is Sky-Rocketing

In our ever-shifting media industry, Netflix has topped the leaderboard in the U.S. A study commissioned by Mark Mahaney of RBC Capital Markets confirms it. When 1,500 U.S. adults were surveyed, 57% of respondents reportedly watched Netflix. YouTube garnered 51%, Amazon Video garnered 46%, and Hulu garnered 33% shares. Netflix's high popularity...
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The New Amazon Studios Strategy

The New Amazon Studios Strategy

It has been only 4 months since Jennifer Salke joined as the head of Amazon’s television and movie division. But she is trying to be familiar with some staff members in the film department. She was the president of entertainment at NBC previously. The Reason? Ms. Salke has been actively...
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Netflix vs Walmart’s new service?

Netflix vs Walmart’s new service?

Several reports have predicted Walmart to make a move into the video rental business over the years, with the aim of succeeding the present leader at the time. Now, as per the report made by the Information website, Walmart, the colossal retail giant is planning one more shot at the...
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Forthcoming Apple Video Streaming Service

Forthcoming Apple Video Streaming Service

Among the huge news pieces, included the news of Oprah Winfrey pairing up with Apple to produce a fresh series of content for Apple’s forthcoming video streaming service. Partnerships like this will redesign the streaming video landscape; however, it might not be sufficient to depose Netflix, the present king of...
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