A few arresting developments this week as Simplestream (Who?) help to enhance the Law&Crime Network along with some other, minor, news like Roku adding 7.8 million active accounts last year and ITV VoD revenues jumping 36%.
Law&Crime, the 24/7 network dedicated to live courtroom trial coverage, has turned to Simplestream, as specialist in live, live-2-VOD and on-demand OTT services, to enhance the content delivery capabilities of its multiscreen service to better cater to providers and engage with new audiences. This partnership follows a recent rollout expansion of Law&Crime across several new OTT distribution platforms.
Research from Openwave Mobility has found that over the past five years, video on mobile networks has grown on average 50-60% year-on-year (YoY), while in many developing markets, the rate is more than twice this.
Roku added 7.8 million active accounts in 2018 to reach 27.1 million at the year end, claiming that nearly one in five US TV households now use the streaming platform.
The company revealed the stats in its Q4 shareholder letter last week, stating that streaming hours increased by 9.2 billion hours to 24.0 billion and that average revenue per user increased US$4.17 to US$17.95.
Other highlights detailed in the earnings report were that monetised video ad impressions more than doubled in 2018 and more than one in four smart TVs sold in the US last year were Roku TVs.
For the full year, total net revenues grew 45% to US$742.5 million, while platform revenue increased 85% year-on-year to US$416.9 million. Gross profit was up 66% year-on-year to US$332.1 million.
UK commercial broadcaster ITV has reported a total revenue of £3,211m in 2018, up by 3% year-on-year, driven by direct-to-consumer revenue.
ITV figures show that direct-to-consumer figures have grown by 25%, generating a revenue of £81m. Meanwhile, VOD revenues have climbed up by 36%.
Online viewing is up by 32%, according to the company. ITV Hub + has now reached 265,000 subscribers, while Brtibox US has racked up 500,000 subscribers.
Right now the default monthly Netflix streaming prices for Italy and other countries in the European Union are at €7.99 (Base), €10.99 (Standard), and €13.99 (Premium). One of the tests that Netflix is currently conducting proposes that the Base subscription stays the same, but the Standard and Premium plans go up to €12.99 and €17.99, respectively. That’s an increase of €2 and €4 for the plans that give you access to Full HD playback on two devices, or 4K content on up to four devices simultaneously.
Home video spend (DVD, Blu-ray, EST, SVoD & TVoD) grew 20 per cent in 2018 to 10.3 billion pesos. “SVoD is powering the home video market. In 2018, it accounted for 77 per cent of home video spend and posted annual spend growth of 26 per cent to 7.9 billion pesos,” says Tristan Veale, Market Analyst at Futuresource Consulting. “It is currently dominated by Netflix, but there are strong competitors emerging.”
Reach out to discover more about how we help TV turn digital here.