Magazine article Screen International

UK SVOD Revenues Rise 76%

Magazine article Screen International

UK SVOD Revenues Rise 76%

Article excerpt

The increasing popularity of Netflix and Amazon have stimulated a 76% revenue boost for the subscription video-on-demand platforms in the UK.

According to Ofcom's Communications Market Report 2014 revenue for online subscriptions for audio-visual content swelled to £111.7m in 2013 from £63.5m in the preceding 12 months.

Netflix reached 1.5 million subscribers in 2013, many of whom use the service to watch exclusive content such as House of Cards. It also allows viewers to consume popular series such as Breaking Bad at their convenience rather than waiting for episodes like traditional television.

The service is also ramping up its original content strategy, signing a deal in May with Sony-owned Left Bank to produce of The Crown, a drama series about the Queen.

Meanwhile, Amazon is vying for exclusive content and recently picked up Halle Berry sci-fi drama Extant to increase competition with terrestrial broadcasters. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.