Television

Netflix becomes bigger than HBO

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2015/09/28/hbo.jpg?itok=nC9f1MUU

NMUMBAI: Orange is the New Black may have helped make Netflix the new HBO with investors.

On Monday, Netflix reported a U.S. paid subscriber leap, which according to analysts, puts the streaming service squarely ahead of Time Warner’s HBO.

The advances by Netflix spotlight a winning formula around original programming to attract new membership. Original titles such as Orange is the New Black and the Emmy-winning show, House of Cards, were big attractions for subscribers. Binge viewing of these titles have turned Netflix into a hit maker for the new generation.

Netflix Chief Content Officer Ted Sarandos remarked that the only reason to adapt the forecast model for the second season of Orange Is the New Black was because they were highly confident in the model and the quality of the show.

Netflix’s U.S. paid subscribers jumped to 29.9 million in the third quarter, up from 28.6 million in June, passing HBO’s 28.7 million, according to market researcher SNL Kagan.

Wall Street investors applauded Netflix’s programming results. Shares of Netflix rocketed 10 percent, at $391.39, in after-hours trading on the news. Overall membership at Netflix soared in the quarter from last year. It also reported more than 33 percent jump in members from last year, at 40 million compared with less than 30 million in the prior period.

Since Orange has been a great success for them, Netflix wants to do more content like Orange.

Netflix quarterly results beat estimates, top to bottom, according to a survey of forecasts from Thomson Reuters. Company net income popped 315 percent, at $31.8 million, compared with a year ago. Revenue nudged past estimates by $6 million on just over $1.1 billion in the quarter. Earnings per share of 52 cents beat analyst forecasts for 49 cents in the period.

Netflix’s international audience jumped by 1.4 million new members from a year ago, driven by Nordic and Netherlands expansion efforts, the company said.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/07/26/kargi%3B_0.jpg?itok=QUnoYYjc
On the occasion of Kargil Vijay Diwas News18 India visits Kargil War Memorial

26th July is a very significant date for Indians and is engraved in golden letters as Kargil Vijay Diwas in the annals of Indian history. This year will be the 18th anniversary of the Kargil War. News18 India visits Kargil, where every year the Indian Army celebrates Kargil Vijay Diwas.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/07/26/ind.jpg?itok=yhUMhwC3
Sony sports channels to broadcast India’s cricket tour of Lanka

The Sony Pictures Sports Networks will broadcast India cricket team’s tour of Sri Lanka, which kicks off on 26 July 2017. The recent rebranding of sports channels has helped Sony Pictures Network India (SPNI) to devote Sony SIX, Sony SIX HD, Sony Ten 3 and Sony Ten 3HD for cricket coverage in...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/07/26/india-today.jpg?itok=WUZXG-GE
India Today magazine featured as 'Cover of the Day'

The society of publication designers, New York on www.spd.org selected India Today magazine’s latest issue cover 31 July 2017 on the China – Pakistan issue as ‘The Cover of the Day’. This puts the India Today magazine amongst the best in the world to be featured for brilliance in cover design.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/07/26/MTV.jpg?itok=_sBGCugK
MTV to air new reality show 'Dropout Pvt Ltd'

MUMBAI: MTV launched a new reality show MTV Dropout Pvt. Ltd, presented by Droom.in, powered by Micromax and Maruti Suzuki and grooming partner Gillette which will see the birth of the world’s first ever start-up formed on television. Created by Monozygotic and co-developed by MTV and Monozygotic...

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/07/25/shruti.jpg?itok=QRu_q5yE
Shruti Anindita Varma appointed BAG Films' business & creative head

Veteran creative expert Shruti Anindita Varma has joined BAG Films & Media Ltd as the new business and creative head and will be responsible to drive its creative excellence, in-sync with the ongoing transformation of Media and Entertainment industry in Indian market.

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/07/25/Punit-goneka-800x800%20%282%29.jpg?itok=KJDyzBsr
ZEEL reports steady Q1 FY2018 results

MUMBAI: It’s been a hectic first quarter of FY 2018 for homegrown media power house -- the Essel Group promoted Zee Entertainment Enterprises Ltd (Zeel). The company has gone ahead for some corporate restructuring and has also declared its Q1FY2018  financials which, if not impressive, at least...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/07/25/DD-800x800_1.jpg?itok=dnHWjk4Z
DD announces short film contest on Independence theme

NEW DELHI: Doordarshan has announced a Swatantra Bharat Short Films Contest to mark the 75th anniversary of Quit India Movement and 70th anniversary of India's Independence next month. The aim is to create awareness, education, encouragement and enlightenment about inspiring, real-life stories of...

Television TV Channels Terrestrial
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/07/25/NDTV-newsroom.jpg?itok=rwNsboTL
NDTV restructures biz & newsroom amidst reports of layoffs

NEW DELHI: Buffeted by allegations of tax evasion and money laundering, which are being contested in appeal tribunals, one of India’s first private sector TV news organization NDTV has said it is reorganizing newsroom set-up and resources available to adapt to changing technologies like MoJo or...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/07/24/war.jpg?itok=DB4RB8xx
Star World launches Game of Thrones season 7 with personalized posters

The great war is finally upon Westeros as the much anticipated first episode of Game of Thrones premiered on Star World last Tuesday at 11 PM. In order to promote the launch, Star World undertook a mammoth digital campaign to engage with fans. By tapping into current trends on social media and...

Television TV Channels English Entertainment

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories