Wednesday, 17 October, 2018


Walmart Could Soon Have a Netflix Competitor of Its Own

A sign hangs outside Walmart store Getty Images
Hannah Rogers | 18 July, 2018, 21:58

This wouldn't be the first time Walmart has tried to compete with Netflix.

Emarketer, which measured Netflix's global penetration in a new study, predicted that almost 765 million people worldwide will use a subscription over-the-top (OTT) video service, such as Netflix or Amazon Prime, at least once per month in 2018.

The number of Britons subscribing to TV services like Netflix, Amazon and Sky's NOW TV, has overtaken traditional satellite and cable TV for the first time, media regulator Ofcom said on Wednesday.

The Ofcom report found that the total pay-TV revenues of Sky, Virgin, BT and TalkTalk fell for the first time in the nearly a decade in 2017 to £6.4bn. Overall online audiovisual revenues grew by 28% year-on-year in real terms, to £2.26bn in 2017.

Growth has been explosive: in 2012, the year Netflix launched in the United Kingdom, subscription on-demand revenues were just £52m.

Walmart already owns Vudu, which offers rental and streaming services for movies.

While the popularity of video on-demand (VoD) and subscription video on-demand (SVoD) services is on the rise, the revenue generated (£6.4 billion/$8.4 billion) by Pay-TV operators Sky UK, Virgin TV, BT TV and Talk Talk TV still exceeds that of online audiovisual revenue (£895 million/$1.2 billion) by a significant margin.

Ofcom Chief Executive Sharon White said the rapid change in what we watch and how we watch had profound implications for the United Kingdom television industry. These challenges can not be underestimated. The report also shows the amount of time people spend watching broadcast television has continued to tumble since 2012, and in 2017, fell to approximately three hours on average.

By contrast, the dramatic increase in the popularity of the Silicon Valley streaming services in the United Kingdom fuelled a 28% surge to £2.3bn in what Ofcom terms online audio-visual revenues.

Recommended

loading...
...
  • Record bid for keeper Alisson

    Record bid for keeper Alisson

    Alisson , 25, has impressed in his two year's at Roma and has established himself as the Brazilian national team's No 1. But, Chelsea could have a chance of swooping him away, if their bid, which is higher than the Reds' is accepted first.
    Putin summit: USA  president reverses remarks on Russian meddling

    Putin summit: USA president reverses remarks on Russian meddling

    In the press conference on Monday, Trump called the United States "foolish", according to a Time transcript. And I really think the world wants to see us get along. "Big results will come!" he said on Twitter .

    Journalist bravely confronts Donald Trump and Vladimir Putin

    Elizabeth Warren (D-MA) waits for a Banking Committee hearing to begin on Capitol Hill as fallout continued over U.S. President Donald Trump's Helsinki summit with Russian President Vladimir Putin, in Washington, U.S., July 17, 2018 .
  • Sen. Bob Corker Blasts Trump Over Summit: Putin’s ‘Having Caviar Right Now’

    Sen. Bob Corker Blasts Trump Over Summit: Putin’s ‘Having Caviar Right Now’

    EU President Donald Tusk has slammed US President Donald Trump , saying he was "spreading fake news" by calling Europe a US foe. Putin has repeatedly denied any knowledge of interference in the US election. "And we get along in Syria too", Trump said .
    13 sleeper picks to win at the Open Championship this weekend

    13 sleeper picks to win at the Open Championship this weekend

    Spectators watch Tiger Woods hit a tee shot on the second hole during a practice round for the British Open. Carnoustie is the toughest golf course in the British Open rotation, and this year it offers a new twist.
    Woman 'bit off huge chunk of drinking buddy's nose and swallowed it'

    Woman 'bit off huge chunk of drinking buddy's nose and swallowed it'

    Doctors told Tatiana she needs to have the surgery within two weeks, or it will become more complicated as the wound heals. While in the hospital, doctors informed the victim she would need reconstructive plastic surgery in order to fix her face.
  • Amazon's website crashes right as its Prime Day began

    Amazon's website crashes right as its Prime Day began

    However, Walmart, Amazon's main competitor, which also featured a slew of deals for Prime Day has been mum on its sales this week. As of Tuesday evening, Amazon said sales by small- and medium sized businesses had topped $1 billion during the Prime Day event.
    ICBC behind ‘unidentified’ provisional $9 billion order for 80 Airbus A320neo

    ICBC behind ‘unidentified’ provisional $9 billion order for 80 Airbus A320neo

    Her comments were welcomed by Paul Everitt, chief executive of the industry body ADS. The London newspaper also takes overseas look at the show.
    No Man’s Sky finally gets multiplayer with NEXT update

    No Man’s Sky finally gets multiplayer with NEXT update

    When Hello Games , developers of the Joe Danger series, first announced No Man's Sky at E3 2014, it had lofty ambitions. Visuals have also been improved, with new detail added to planetary exploration, environments, and NPCs.
  • Twenty two years @ the Emirates a mistake-Wenger

    Twenty two years @ the Emirates a mistake-Wenger

    Monreal was an important first-team member under Arsenal Wenger last term, but is seemingly not part of Emery's plans. Some people are talking about the age, but I don't care about this. "For me, it was a big pleasure to work with him".
    Uber launches 'Spotlight' feature to flag drivers

    Uber launches 'Spotlight' feature to flag drivers

    Rider messages are then read aloud to the driver while they are en route, to ensure they can stay focused on the road. Drivers will receive a message so they know to look for, say, a yellow screen rather than a pink or green one.
    FDA Recalls Blood Pressure, Heart Medicine After Cancer Causing Agent Discovered

    FDA Recalls Blood Pressure, Heart Medicine After Cancer Causing Agent Discovered

    The FDA advises that patients contact pharmacists or physicians for advice on alternate therapy in lieu of the recalled treatment. The surprising thing is that each of these drugs has been made in China by the same company , Zhejiang Huahai Pharmaceutical Co.

Prosecutors call for alleged Russian agent to stay in custody Prosecutors call for alleged Russian agent to stay in custody Her ultimate goal was to make American politics more sympathetic to Russian interests, according to court filings. It is not mentioned in the indictment, but Helson's affidavit cited a 2015 email in which Butina told "U.S.

World of Warcraft Drops Paid Expansions for a Subscription-Only Model World of Warcraft Drops Paid Expansions for a Subscription-Only Model The monthly subscription fee is a hard pill to swallow for many , let alone drop the cash for the base game and expansions too. This does not include Battle for Azeroth though, which goes live on 14 August, 2018 .

Microsoft Reported to be Working on Android-Powered Smartphones Microsoft Reported to be Working on Android-Powered Smartphones These include support for seeing your mobile activity in your PCS timeline and securely accessing intranet sites from your home. Maas says that his work is now beta quality and that he will add support for more features, such as site blacklisting.

Secret Service Agent Suffers Stroke on the Job, Dies Secret Service Agent Suffers Stroke on the Job, Dies A spokeswoman for the State Department said it frequently assists other USA agencies in making hotel bookings overseas. It is a tactic that has alarmed ethics watchdogs, who say he is using his presidential platform to promote a resort.

Brewers Pitcher Josh Hader Apologizes for Homophobic and Racist Tweets Brewers Pitcher Josh Hader Apologizes for Homophobic and Racist Tweets Hader's Twitter account has since been locked and the offensive tweets have been deleted, the outlet reported. Deputy Commissioner Dan Halem, speaking outside the NL clubhouse, said he had spoken to Hader.

Kerber defeats Williams to win Wimbledon Kerber defeats Williams to win Wimbledon Soon after giving birth via a C-section, Williams fell short of breath and had a CT scan that revealed several blood clots in her lungs.

Hot dog! Snag these National Hot Dog Day deals Hot dog! Snag these National Hot Dog Day deals If you didn't get enough of them during the July 4 festivities, Wednesday is the flawless day to indulge on a juicy hot dog. What's in a name: Hot dogs got their nickname "frankfurters" after being invented in in Frankfurt, Germany in 1484.

Boeing gets $3.9 billion contract for new Air Force One jets Boeing gets $3.9 billion contract for new Air Force One jets Trump said the two new planes will feature a more patriotic paint job - a change from the current blue and white color scheme. In the CBS interview , Trump expanded on that claim, saying that he "was able to save $1.5 billion". "Red, white and blue".

Vladimir Putin's umbrella turns highlight of the World Cup presentation ceremony Vladimir Putin's umbrella turns highlight of the World Cup presentation ceremony Host venues, all of which will be air-conditioned, have been confirmed for the Ras Abu Aboud and Al Thumama areas of Doha. Putin spoke with representatives of 55 intelligence units from 34 countries who had worked on securing the tournament.

12th District Congressional Candidates Weigh In On Trump-Putin Meeting 12th District Congressional Candidates Weigh In On Trump-Putin Meeting President Trump's summit with Russian President Vladimir Putin received mostly negative reviews from Arizona representatives. During his interview with Carlson, which airs Tuesday night, Mr.

United Kingdom spaceport proposed for Sutherland site United Kingdom  spaceport proposed for Sutherland site Rockets and satellite will initially be launched from the A 'Mhoine peninsula in Sutherland, at a site between Tongue and Durness. HIE will work alongside American aerospace firm Lockheed Martin with an aim of having launches begin early in the 2020s.

Root century seals England series win over India Root century seals England series win over India James Vince , called up in place of the injured Jason Roy cut the first ball of England's reply, from Bhuvneshwar Kumar, for four. Kohli pressed on, however, completing a 55-ball fifty before Rashid struck twice in six balls as India slumped to 158 for five.

Amazon employees strike in Spain and Germany Amazon employees strike in Spain and Germany Since then, the masks have become fan favorites and inexorably linked to the Eagles' Super Bowl victory. Thousands more Amazon employees in Germany are expected to strike on Tuesday over similar complaints.

Trump beholden to Putin? Summit does nothing to dispel impression Trump beholden to Putin? Summit does nothing to dispel impression The White House has struggled for months to dispel suggestions that Trump was unwilling to stand up to Russian Federation . However, the prime minister said he found the evidence for Russian interference in the U.S. elections "very compelling".

Niinistö: Trump-Putin summit hopefully takes on wider importance Niinistö: Trump-Putin summit hopefully takes on wider importance On the topic, Putin emphatically stated, "The Russian state has not interfered and will not interfere in US internal affairs". United States President Donald Trump and Russian President Vladimir Putin on Monday met in Finland's capital Helsinki .