Daily News  - 18th July 2024

Report: European VoD market set for slowdown

The Western European VoD market is forecast to reach €30.5 billion by 2027, up from €25.7 billion in 2024. However, this reflects a significant slowdown from previous years, with a CAGR of just 6 per cent, according to the VOD in Europe 2024-2027 Report by Rome-based consultancy ITMedia Consulting. Paid…

Forecast: Ad revs to hit $1trn in 2026

Despite economic headwinds, technological disruption and increased geographic and industry competition, the global entertainment & media (E&M) industry has continued to grow in 2023, with total revenues rising 5 per cent in 2023 to $2.8 trillion – outpacing overall economic growth cited by the IMF – according to PwC’s Global…

Barb completes 7k home panel expansion

Barb, the industry’s standard for understanding what people watch, has completed the increase in its nationally-representative panel of UK households from 5,150 homes to 7,000 homes. This is the largest-ever increase in reporting sample since Barb’s launch in 1981 and is part of Barb’s multi-year contracts, which run until the…

Trump-Murdoch together again

Rupert Murdoch has attended the Republican Convention in Milwaukee, signalling the love-hate relationship with the candidate is back on. After 2020, Murdoch reportedly quipped that Trump was ‘increasingly mad’ and would be a danger in a second term. He backed Ron DeSantis’s run for nomination. Trump, meanwhile, never forgave Murdoch’s…

France: Max in 5% of homes

Warner Bros Discovery’s SVoD Service Max, launched on June 11th in France, has already reached a 5 per cent penetration rate into French homes according to a study by NPA Conseil-Harris Interactive. While SVoD represents 56 per cent of the video market and 2.1 subscriptions per household on average with…

Iris 2 risks collapse

The IRIS2 consortium, which is seeking to build a satellite mega-constellation on behalf of the European Commission, looks as if it is on the verge of collapse. French newspaper La Tribune says that due to risk assessment, Thales Alenia Space and Airbus Space, the subsidiaries of the two European aerospace…

Report: Concerns over generative AI in news

While much of the news industry has set its sights on generative artificial intelligence and how it can support the production and distribution of news, little attention has been paid to how audiences feel about AI-powered innovation in journalism. This is no small matter in an already saturated media ecosystem…

IBC unveils conference line up

IBC2024 has unveiled what it describes as a world-class mix of cutting-edge keynotes, presentations, panels, and other sessions at this year’s IBC Conference, which shifts to a new location within the RAI Amsterdam when it runs from 13-15 September. The Conference offers delegates exclusive access to insightful, inspirational, and entertaining…

M6+ on Apple Vision Pro

Streaming tech company Bedrock has released a fully dedicated version of M6+, the AVoD streaming platform by Groupe M6 on Apple Vision OS to coincide with Apple Vision Pro’s opening weekend in Europe. Following the successful launch of M6+ in May 2024, Bedrock aims to to enhance the platform’s user…
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