Please wait while we enable your Account

0%

Contacting Amazon Web Services
Deploying Cloud Servers, Storage, Transcoding & Database Servers
Deploying Global CDN
Deploying Firewall & Enabling Security Measures
Deploying the CMS & Admin Module
Deploying Website, Mobile & TV Apps framework
Creating your FTP account
Finishing up all the modules
Preparing for launch

Unstoppable Netflix set to dominate European OTT market

Roshan Dwivedi Published on : 05 June 2018

Streaming giant Netflix ’s stock rises by another 85% so far in 2018 affirming the expected domination in the OTT market, a number which is only to grow further as reports said.  

The popularity of the online video platform is growing by leaps and bounds and according to a new survey of U.S. and European markets, Netflix may be even better off in Europe than analysts had expected.

According to reports, 55% of the U.S. respondents watch Netflix, up from 53% than in last year. The penetration rate stands even more impressive as 68% of Netflix customers report being either “satisfied” or “very satisfied” with the OTT service. Here it can also be noted here that the SVOD platform plans to spend a record $8 billion on content in 2018.

Europeans are slowly opening up to the idea of over-the-top services as more than half (52 percent) of French respondents and 47 percent of German respondents said they are likely to pay for streaming content.

Written by: Roshan Dwivedi

Add your comment

Leave a Reply

Your email address will not be published.

Try Muvi One free for 14 days

No Credit Card Required

.muvi.com
Your website will be at https://yourname.muvi.com, you can change this later.

Upcoming Webinar
June 27

9:00AM PST

Leveraging Analytics for Success in the Streaming Industry

A streaming platform’s success is crucially dependent on data. In today’s competitive streaming landscape, data is king. This webinar will unlock the secrets of using analytics to gain…...

Event Language: English
30 Minutes