Speaking Sept. 20 at the Goldman Sachs Communacopia Broker Conference in New York, Comcast CEO Brian Roberts made a presentation to analysts the day after the No. 1 cable operator began beta-testing direct-access to Netflix through its broadband-based X1 set-top box.
Over-the-top video services are appealing for their loss-leader subscription prices and lack of mandatory long-term contracts. On the flipside, subs can terminate service any time with no penalty, which can drive up churn — a metric closely followed by Wall Street.
Total consumer spending on subscription video-on-demand in Western Europe — led by Netflix and Sky’s Now TV — is projected to reach €3 billion ($3.3 billion) by the end of the year after topping €2 billion ($2.2 billion) in 2015, according to a new data from IHS Markit.
Merchandising: Paramount's 'Teenage Mutant Ninja Turtles: Out of the Shadows' arrived at retail Sept. 20 with plenty of packaging configurations on its own, so adding several retailer exclusives into the mix certainly gave consumers a lot to keep track of.