We hope you’ve had a very good start to the year. It’s been hard to ignore all the headlines surrounding Netflix in the last couple of weeks but it’s certainly either collapsing or doing very well. It may be the biggest name in streaming but it’s certainly not the only one as you’ll see in 1. as smaller streaming services finish finding their footing and begin leaping.
- Niche streaming services are taking on Netflix and Amazon by going after sci-fi fans and Broadway lovers
Dust, from independent studio Gunpowder & Sky, is a streaming service launched in 2016 that focuses on science fiction content. It spends less than $10 million a year on exclusive titles like “Glimpse” and “Prospect” and to license TV shows and movies including “Roswell” and “Bill & Ted’s Excellent Adventure.” It also has short films like George Lucas’ “Electronic Labyrinth: THX 1138 4EB” and “Evil Demon Golf Ball From Hell!!!,” which “The Last Jedi” director Rian Johnson made as a student.
It’s been able to attract more than 3 million fans and followers across various platforms, including Facebook Watch and Roku.
This has contributed to the success of Together Price, a sharing economy app that enables subscribers to share their DAZN account with up to 5 people, each paying a part of the subscription fee. According to market experts, DAZN should reach the break-even point in 2021.
There is also reason for optimism for the two other Italian pay-TV platforms: Sky Italia is expected to surpass the 5 million subscriber mark, up from the current 4.7 million.
The content arms race is costing Netflix dear. The company expects a negative free cash flow of $3bn-$4bn this year – meaning the amount it spends on content, marketing and other costs in 2018 will exceed what it earns from subscribers by at least $3bn. Netflix keeps turning to debt markets to top up the funds it needs to continue to feed film and TV content to the binge-watching generation it helped create – its net debt was $8.34bn at the end of September, up over 70% year-on-year.
Taking them nine points clear at the top of the table, Liverpool’s massive 5-1 home win over Arsenal, broadcast on BT Sport, attracted the highest volume, followed by Manchester United’s win against Bournemouth and Rangers’ one-nil victory over Celtic.
Streaming platform and device specialist Roku is expanding The Roku Channel to include ‘Premium Subscriptions’. Users will be able to watch both free ad-supported and paid premium entertainment in one easy-to-navigate interface, with personalised recommendations, where they can browse, trial and subscribe to popular services.
The number of subscribers to Netflix in the UK will overtake the number of homes who are signed up to Sky’s satellite TV service by the end of the year, in a milestone moment for Britain’s growing love affair with streaming services.
By the end of 2018, Netflix UK is forecast to hit 9.78 million subscribers hungry for fare from The Crown to Stranger Things, according to the consultancy Ampere Analysis. That will put it ahead of Sky, which has dominated the market as the biggest pay-TV service in the UK for almost three decades.
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