Roku delivered 40 billion hours in 2019

Roku is the leading television streaming platform in the United States by hours streamed. Total streaming rose by 68% to over 40 billion hours in 2019. Net revenue was $1.13 billion, with a gross profit of approaching half a billion dollars, although the company made net loss of nearly $60 million in 2019. Roku predicts that pay television households in the United States will fall below 50% by 2024, a number that some might question.
Read more…

Virgin video subscribers lowest for decade

Virgin Media lost television subscribers in the United Kingdom for the fifth consecutive quarter, ending 2019 with 3.69 million. That was the fewest it has had in 10 years. Parent company Liberty Global has divested many of its other European operations to Vodafone. The group now has just 7.47 million enhanced video subscribers across Europe. Meanwhile, Vodafone has grown to 18.17 million television customers in Europe.
Read more…

Voice interfaces for video

Voice is the future of video, or at least something to which industry watchers should pay attention. That was one of the takeaways from the DTG FutureTech seminar in London. While some might still feel uncomfortable talking to their television, it may come more naturally to younger viewers.
Read more…

ViacomCBS plans new online video service

The newly merged ViacomCBS is expected to launch a new streaming service, building on CBS All Access and Viacom media assets. The service will compete with other online offerings, including the forthcoming Peacock from NBC Universal, as broadcast and cable networks go direct to consumer. The company is aiming for 25 million online video subscribers by 2022.
Read more…

Disney+ forecast to pass 50 million in 2020

Disney+ gained 28.6 million subscribers in its first 12 weeks from its launch on 11 November 2019. That was before it is available in many countries. One forecast predicts it will pass 50 million subscribers by the end of 2020 and exceed 125 million in 2025.
Read more…

YouTube adverts worth $15 billion in 2019

YouTube advertising revenue was $15.15 billion in 2019, up 35% on the previous year. It is the first time that parent company Alphabet has broken out revenues for YouTube, which it described as one of its growth areas, with over two billion users a month. YouTube also has more than 20 million subscribers across its premium YouTube and Music offerings, which do not carry advertising, as well as more than 2 million subscribers to its YouTube TV service.
Read more…