Trend fueled by mobile devices, subscription video-on-demand
Netflix, Hulu and Amazon Prime will spend $10 billion annually on original content by 2022 –a threefold increase from what they spend today, according to a new report from The Diffusion Group (TDG).
Streaming services like Netflix and Amazon put a slew of TV and film titles right at viewers fingers tip without the need for DVDs or tapes.
Live TV still remains the go to choice for nearly half of TV viewers when they want to find something to watch, but subscription video-on-demand services are closing the gap, with Netflix leading the way.
Telestream is getting on the Netflix bandwagon, as the company has announced that the latest version of its VidChecker automated quality control system has integrated with Netflix Photon java code for compliance testing.
Netflix has announced it has added Dolby Atmos sound to all its new original content, beginning with Bong Joon-ho’s Okja.
They say you have to spend money to make money, and Netflix and Amazon have been subscribers to that theory as of late.