Happy New Year! We hope you’ve all managed to have an enjoyable break given the circumstances with plenty to look forward to in 2021, especially in the OTT space.
1. NextGen TV set for 2021 boost
On the heels of the initial rollout of NEXTGEN TV broadcasting that has now reached more than 20 cities and 80 TV stations, America’s broadcasters are now planning a push this year that will initiate next-generation ATSC 3.0 service in nearly 20 more cities by the end of the summer, according to Pearl TV, a business group comprised of owners of more than 750 broadcast stations, and the Phoenix Model Market partners.
2. Data: Half of France has Netflix
As of November 2020, Netflix was present in close to 50 per cent of homes in France.
According to the CNC’s monthly VoD round-up, 49.6 per cent of French households had a subscription to the platform, up 4.5 per cent on the previous month.
3. Netflix UK raising prices
Netflix is raising the cost of some of its UK subscriptions from next month. The streaming service said the price rises are necessary to cover the cost of content.
Its standard monthly package will go up from £8.99 to £9.99 whilst its premium offer will rise from £11.99 to £13.99. The basic plan remains at £5.99.
4. Analyst: “Bundling is next step in streaming evolution”
Bundling will characterise global TV throughout 2021 as the streaming TV boom forces a re-engineering of the TV value chain and the strategies for reaching the end viewer, according to Guy Bisson, Research Director at Ampere Analysis.
5. Roku acquires Quibi’s content distribution rights
As anticipated, streaming specialist Roku has acquired the exclusive global distribution rights to short-form mobile content service Quibi’s shows and will make the content available for free on an ad-supported basis later this year to all Roku users.
6. Data: UK video sector grows by 26%
Figures from trade body the British Association for Screen Entertainment (BASE) and based on data from the Official Charts Company, Futuresource Consulting and Kantar, show that the UK home entertainment sector grew by 26 per cent in 2020, bringing the total market value to £3.3 billion.