After the Barclays announcement of a doubling of their SVoD fund; a report on French viewer analysis and a second Dutch report displayed the revolution occurring in the digital world for both current and new brands.
Barclays Corporate Banking is doubling its SVoD fund to support UK TV producers to £200 million (€224m).
The £100 million fund was launched in March 2017 in response to the rapidly evolving TV production landscape, with the rise of subscription services such as Netflix and Amazon Prime Video changing the way that original programming is financed.
Of the 5 million, 3 million also sit in from of their TV set, while nearly 2 million solely use a computer, mobile or tablet. The latter add to the 42.7 million daily TV screen viewers in France.
OTT TV services (such as Molotov or myCANAL) are also widely used, accounting for over one-quarter (26.4%) of the time spent watching TV programmes online.
The Dutch TV and video market grew by 7.2 percent to 556 million euro turnover in the past year. Netflix alone takes 12 percent of consumer revenues for TV and video. Only Ziggo and KPN are bigger in the total market. Together, the three companies account for 85 percent of TV and video revenues. The remainder is divided among around 25 providers, including Delta, Film1, Eurosport Player, Pathe Thuis, Tele2, Videoland and T-Mobile.
5G wireless home broadband will provide UK households with a cheaper, more flexible alternative to fibre connections, offering customers double the current average download speed. According to an independent report from Ovum, commissioned by Three UK, the technology is expected to deliver speeds of 80-100 Mbps, which is on average double what customers in the UK currently obtain using traditional, fixed-broadband services (46 Mbps).
The research also estimates that 5G wireless services could replace traditional connections for 85 per cent of the UK’s 26 million fixed line customers, with equal or better speeds.
Google’s YouTube has added 100 feature films — for free. In addition it will show The Lego Movie also for free on Black Friday.
YouTube signed a deal with MGM to offer over 100 of its films, including the Rocky and Pink Panther movies, the original Terminator, Legally Blonde, Zookeeper and others. So far, the offer is good only in the US. YouTube Premium subscribers get the movies without any commercial breaks
Mediapro will distribute the ad-funded channel on global TV platforms targeting a young audience aged 14-35 years who mostly consume digital content on printable devices. Also, Mediapro will launch a linear channel to be distributed by TV operators with most of the content being in-house.
If you’d like to discover more about how we help TV turn digital then you can find us here.