Netflix Q2 earnings show 1.2 million new subscribers; plans for original stand-up comedy, documentaries (Original)
Netflix has revealed its earnings report for the second quarter of 2013 which shows its worldwide customer base has grown by 1.2 million. The company now has "nearly" 30 million customers in the US (up 630,000) and 8 million internationally (up 610,000), with streaming revenue up 26 percent domestically and 155 percent outside the US. That compares well with the same period last year, when it added 530,000 customers in the US. This year has been highlighted by Netflix's push into original programming and just last week that initiative resulted in a bounty of 14 Emmy nominations. Expect more in the future, as Reed Hasting's letter mentions the company expand into documentaries and stand-up comedy specials.
According to the report, the new $11.99 family plan that supports four simultaneous streams has seen "limited uptake" (did anyone know it was available?), while the new individual profiles will be implemented in Q3. The company has rolled out a new streaming platform to its partners, and says its next goal is a single UI that works with various input devices, whether voice, pointer or d-pad. While we paw through the financial documents for more details, don't forget Netflix plans to live stream video of its investors call on YouTube later.…
Netflix Is the New Premium-Channel Standard (Original)
With the entertainment industry recognizing what Netflix is doing, it's time we realized that the streaming service is the new standard in premium channels.
Almost half of US consumers have tried Netflix, but loyalty level low (Original)
Almost half of US consumers in the 13-to-54 demographic have used Netflix at some point, but 51% of the streaming service’s customers would churn if their pay TV provider offered a similar service, according to new research.
Netflix is notoriously shy when it comes to revealing how its users engage with its content, but research group GfK’s Over the Top TV study sheds light on how Netflix’s customers use the service.
It found that the average Netflix user watches five TV shows and about three movies per week, equating to eight hours of viewing.
GfK says that 47% of 13- to 54-year-olds have now used Netflix, and 39% are monthly users – up from 35% in 2011. However, there is a lack of loyalty among that customer base with the number saying they would switch if there was a pay TV alternative rising to 51% compared to the 45%.
It also found that viewing numbers for series including Mad Men, Breaking Bad as well as older shows including Heroes outstripped those for its US$100 million (€76 million) original series House of Cards.
“In a short time, Netflix has carved out a powerful role in US media, providing the kind of content control and user-friendly interfaces that consumers demand now,” David Tice, senior VP of GfK Media.…
JVC launches flagship BlackSapphire XL 3D HDTV line with Netflix, Slingbox client (Original)
JVC's been trying to get back into the HDTV game via its recent partnership with Vizio maker Amtran, and just took another big step by unveiling the flagship BlackSapphire SL series. The new models boast high-end touches like tiny bezels, ultra-thin profiles and an edge-lit LED "adaptive backlight." You'll also get built-in WiFi, SmartTV with apps like Netflix, Pandora and a Slingbox client, Xinema-Sound audio with simulated surround-sound, and passive 3D with four sets of included glasses. Interestingly, JVC decided to launch the series with rather small 42-inch and 47-inch models, though Amtran told CNET that larger sizes are also in the works. Also unusual in a flagship is three-digit pricing: $799 for the smaller SL42B-C and $899 for the SL47B-C. Considering the sticker shock we've had lately, however, we're all for keeping things small in that regard. Both models will be up for grabs later this summer.
Following Amazon And Netflix, Rakuten Is Expanding Its Wuaki Video Service Across Europe; First Stop UK (Original)
E-commerce giant Rakuten, often called the Amazon of Japan, is taking another step in a bid to square up to is rival: today it is officially launching a beta of its Wuaki video streaming service in the UK, part of what Wuaki’s CEO tells us is a plan to take the service across other countries in Europe.
“The UK is the first stop in Wuaki.tv´s European expansion beyond the company’s home market in Spain. Wuaki.tv has a long term aim of becoming a leader in the European VOD space, and is planning to complete launches in the main European countries, in addition to the UK and Spain, within the next 18-24 months,” Wuaki’s CEO Jacinto Roca told TechCrunch. “A detailed plan will be confirmed in the next few months, following the UK launch and initial feedback and results in that market.”
The UK launch is kicking off with “thousands of hours of movie and TV content,” including titles from Warner Bros., Disney, Sony Pictures Entertainment, Twentieth Century Fox Home Entertainment and the BBC, among others (some of the specific titles include Disney’s Oz The Great and Powerful and Lincoln, and series like The Tudors and Doctor Who). Subscription prices for those who take up offers this summer will be £2.99 ($4.50) per month, plus an a la carte offering.…
Netflix gamifies content recommendations on the PS3 with “Max” (Original)
Looking for a new way to encourage more Netflix Instant users to use ratings tools, Netflix is launching a voice assistant called Max on the PlayStation 3 which is tied into a batch of mini-games.
The post Netflix gamifies content recommendations on the PS3 with “Max” appeared first on Digital Trends.…
Netflix just hired Clippy to give you movie and TV suggestions (Original)
In what looks, sounds, and is written like a rated-G April Fools’ joke, Netflix has announced Max, a recommendation engine that sits on top of Netflix’s already established recommendation services, except with a……
IE 11 on Windows 8.1 preview supports HTML5 Netflix streaming right now (Original)
Netflix recently detailed some of the technological developments needed to transition from Silverlight to HTML5 streaming video in the browser, and in a notable turn one of the first companies on board is Microsoft. It's not that surprising since Microsoft has made it clear it's pushing other technologies going forward, but it's still a stark example of how much things have changed in recent years. Netflix's Tech Blog announced today that anyone running Internet Explorer 11 in the Windows 8.1 preview can visit Netflix.com today and try out HTML5-powered video streaming right now. Already available on ARM Chromebooks (pictured above), Netflix says Microsoft has implemented the Premium video extensions it's been working on to provide support for GPU-accelerated 1080p video, DRM and encryption without proprietary plugins.
Source: Netflix Tech Blog…
Netflix to add 20,000 movies and shows, inks deal with Cinedigm (Original)
Netflix is looking to bolster its film and TV show lineup by adding another 20,000 titles after striking an “8-figure” multi-year deal with distributor Cinedigm that will include a large number of independent films and documentaries.…
Netflix continues to dominate SVOD space (Original)
Netflix accounted for 90% of subscription video streams in the US in the first quarter of the year, according to NPD stats.
The research firm said that though this was down four percentage points on last year, the total number of viewers watching TV shows using SVOD services increased 34% year-on-year.
NPD said that in the TV category alone, which accounts for 80% of subscription streams, Netflix holds an 89% share, compared to Hulu Plus with 10% and Amazon Prime with just 2%.
“There’s no doubt that Netflix is driving the growth in SVOD, particularly with increased attention to television programming. We are also seeing good gains in the streaming numbers from Hulu Plus and Amazon Prime, and while neither pose an immediate threat to Netflix it is interesting to see which services later adopters will try,” said Russ Crupnick, senior vice president of industry analysis at NPD.
In Q1 2013, 67% of SVOD subscribers streamed only from Netflix, compared to 76% in Q1 2012. Also this year, 10% of SVOD streamers used both Netflix and Amazon Prime, and 8% used both Netflix and Hulu.