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MoffettNathanson, HarrisX expect long-tail content to prop up Netflix, even without ‘Friends’

Netflix reports its quarterly earnings this afternoon. But in advance, HarrisX and MoffettNathanson weigh in on the debate as to whether Netflix will be seriously harmed by the impending loss of “Friends” and “The Office.” “Much of the reporting argues that Netflix will emerge unscathed from these moves, given the massive amount of investment spending on originals that has been occurring sine 2015,” states the report. “We are generally in agreement with that, given our non-zero-sum view of SVOD – that a loss of acquired content will not impact Netflix’s subscriber growth.” – Linda Hardesty, FierceVideo » https://ift.tt/32rPmrn

Fox News reaches digital heights

Also for the quarter, FOX News Digital bested CNN.com in the multiplatform minute category with nearly 11.8 billion minutes spent, compared to CNN.com’s 8.5 billion. FOX News Digital was up 45% versus the second quarter of 2018 in multi-platform minutes, while CNN.com increased 8%. – Michelle Clancy, Rapid TV News » https://ift.tt/32oOYtw

Video piracy will cost OTT and pay TV providers $12.5B in lost revenue by 2024 – study

Parks Associates estimates that video piracy this year will cost pay TV and OTT providers $9.1 billion in lost revenue. That number will swell to $12.5 billion by 2024, representing a 38% growth rate. According to the research firm, 27% of U.S. broadband households currently engage in some form of piracy or account sharing. – Ben Munson, FierceVideo » https://ift.tt/2lLDCiy
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