12/27/2023 0 Comments Spain filmotechJeff Bezos, the owner of Amazon, has promised to offer his subscribers movies one month after they are released in theaters, while traditional networks are putting their shows online the day after they are broadcast on television, if not simultaneously. Its low cost and success has prompted Google and Amazon to come up with similar services, with HBO following their lead as production companies start creating shows aimed at an internet audience. It now has around 62 million users, 40 million of them in the United States, where it is present in around 40 percent of homes. It also offers subscribers a DVD home-delivery service. Netflix, set up in 1997, only impacted on the US market as an online service a decade later. The loss of viewers coincides with a fall in television advertising revenue, further adding to the woes of broadcasters. Last fall, when US television viewing figures showed a further decline, broadcasters pointed the finger of blame at Netflix, the streaming service that has revolutionized the way people watch movies and series, and forced the main channels to come up with their own web-based services.Ĭonsumption of traditional television has fallen an average of 13 minutes a day over the course of 2014, while Netflix has seen its share increase by 12 minutes a day over the same period. “Subscriptions grew by 10 percent each month over the year, but the curve for the first quarter of this year has been even more impressive,” he says. Juan Carlos Tous, president of Filmin, which specializes in art-house movies and television series, says the past year has seen a 45-percent increase in new users. The companies running Spain’s streaming sites, firms such as Yomvi, Filmin,, Nubeox and Filmotech, say that since then, the sector has expanded yet further. In fact, Spanish streaming services have grown faster than the European average: between 20, earnings increased by 78.5 percent, from €12.4 million to €22.2 million. ![]() The Spanish streaming market has improved significantly since 2009, when it was worth just €800,000. ![]() This fall the company will finally BE entering the Spanish and Italian markets, say numerous sources. Now present in 50 nations worldwide, it has a global audience of 62 million people, nine million of them in Europe. The US giant made its first foreign foray in the UK, before setting up in Germany, France and other European countries. Proof of the improved health of the European streaming market is the interest being shown by the sector’s biggest player, Netflix. We’ve been waiting for Netflix to come for some time, because they will expand the market”
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |