F1 is prepared for their ‘true’ OTT launch, and just in time too as the APAC market is primed to grow at a pay-TV sweat inducing speed.
Formula One’s Chairman and CEO, Chase Carey, has suggested that the forthcoming season will mark the true commercial launch of its OTT service. Speaking on the Liberty Media Corp Q4 2018 Earnings Conference Call, Carey said: “With respect to our F1 TV over the top platform, 2019 will, in many ways, be a true commercial launch of the product. After using 2018 as our beta test, we strengthened the platform and we’ll have a more fulsome marketing launch as we kick off the F1 season next month.”
Describing F1 TV as “a long-term strategic priority”, confirming that Liberty would continue to evolve the platform, enhance the content and build on distribution opportunities in the coming years. “On the distribution front, we most recently signed agreements in the Netherlands and Germany, both markets in which F1 TV is available,” he advised.
S&P Global has pegged 2023 as a possible time frame for when Disney+ revenues might be earned in larger, developed Asia-Pacific markets, but at this time S&P Global expects early revenues to be modest. In regard to Apple’s proposed subscription service, S&P Global views 2023 as a reasonable time frame for larger, developed markets to see modest revenues and subscribers.
Tony Hall, the BBC Director General, is set to tell an audience at the Media And Telecoms conference in London that the corporation must plan for a future where a large portion of its audience never view its traditional TV channels.
The largest pay TV providers in the US – representing some 95% of the market – lost roughly 2,875,000 net video subscribers in 2018, according to Leichtman Research Group (LRG).
The research firm said that the widening loss of pay TV subscribers in 2018 compares to a reduction of about 1.51 million subscribers in 2017.
“The pay TV market saw net losses increase in 2018,” said Bruce Leichtman, president and principal analyst for Leichtman Research Group. “Overall, the top pay TV providers lost 3.1% of subscribers in 2018 compared to a loss of 1.6% in 2017.”
Disney has scheduled April 11 as the date to announce its plans with the new OTT streaming service.
The Netherlands test would be an attempt to iron out any kinks in the service before it is released to intense scrutiny for an American audience. It suggests that Disney has learned a lesson from technical glitches that afflicted a 2015 launch of a streaming service in the UK, DisneyLife.
Under them, its Standard package would cost PLN43 (€9.97) rather than the current PLN43 and the Premium package increased from PLN52 to PLN65.
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