Industry Updates

Can Big Data Based Intelligence Substitute Human Creativity? 27 May 2015

Some time ago BBC published an article titled, “Calculated Risks: Will Algorithms Make Business Boring?” In the article, the author related this story: When Netflix (a TV and Movie video streaming site), decided to create their own original TV shows, … Continue reading

Netflix steals Foxtel’s throne but Aussies still sneaking into US service 27 May 2015

US streaming giant Netflix has overtaken Foxtel as the subscription based video on demand service of choice for Australian consumers, but its local arrival has done little to curb Australians from continuing to sneak into its larger US catalogue. New research … Continue reading

China may have to pay for VoD 26 May 2015

Chinese users of free VOD services should brace themselves to pay to view, as the industry looks to become profitable. The country’s VOD market is growing rapidly alongside the number of on-demand service providers, but recorded an industry loss of $150m … Continue reading

Rich List debutant Patrick Grove on why a mobile Asian Netflix is ‘the perfect idea’ 26 May 2015

Patrick Grove believes there are 250 million reasons his Asian version of US streaming juggernaut Netflix will work. He will debut on the BRW Rich List with a $286 million fortune when the 2015 edition is published on Friday, in The … Continue reading