As IBC winds down we wanted to hit you with all the most important news you may have missed.

 

  1. A new streaming service is coming to Africa

Earlier this month, V-Nova, a video compression technologies company, announced a partnership with over-the-top television (OTT TV) company Simplestream. The product of the partnership is a new streaming service in Africa.

 

  1. NEXT-UP HIT CROWDFUNDING TARGET IN JUST 10 DAYS

NextUp Comedy has smashed their crowdfunding target in just 10 days, with over £350k raised at the time of writing and 7 days of fundraising left to go.

 

So far, over 370 investors have backed NextUp Comedy, hailed as the Netflix of UK Comedy, as part of their growth expansion.

 

  1. SVoD subs up 38% in 2018

Gross SVoD subscriptions increased by 139 million in 2018 to 508 million – or up by 38 per cent, according to the SVOD Databook from Digital TV Research. The net subscriber count rose by 83 million in 2018 to reach 357 million – up by 31 per cent. This means that the average SVoD subscriber paid for 1.43 SVoD subscriptions by end-2018 – up from 1.05 in 2010.

 

  1. SVoD now 86% of US online TV & movie spend

Research from Parks Associates finds that subscriptions, formerly representing just over half of total online video spending in 2012, now account for nearly 86 per cent of all online spending on TV and movies.

 

  1. DAZN launches on Comcast

Marking its first distribution deal with a major US video and Internet provider, sports streaming service DAZN is now available to Comcast customers on Xfinity Flex and will be available over the Internet to millions more on Xfinity X1 this autumn.

 

  1. AMC’s Acorn TV surpasses 1m subs

AMC Networks’ Acorn TV, the North American streaming service for British and international television, is now serving more than one million subscribers in the US and Canada.