Digital TV News: Hulu

MainStreaming secures $6 million funding
May 15, 2019 – MainStreaming has announced it has secured $6 million in a new round of funding, bringing its total raised to over $10 million. This round was led by Indaco Venture Partners SGR, together with Sony Innovation Fund and existing investor, United Ventures.
News categories: MainStreaming, Indaco, Sony Innovation Fund, Antonio Corrado, Alvise Bonivento, Gen Tsuchikawa, Content Distribution, Digital TV, Italy, OTT, Venture Capital, Worldwide

Major U.S. pay TV providers lost ~1,325,000 subscribers in 1Q 2019
May 14, 2019 – Leichtman Research Group (LRG) has found that the largest pay-TV providers in the U.S. lost about 1,325,000 net video subscribers in 1Q 2019, compared to a pro forma net loss of about 305,000 subscribers in 1Q 2018.
News categories: Leichtman Research, Bruce Leichtman, Cable TV, Digital TV, IPTV, OTT, Satellite, Subscribers, USA

Disney and Comcast agree on Hulu's future governance and ownership
May 14, 2019 – Disney (NYSE: DIS) and Comcast (NASDAQ: CMCSA) have announced that Disney will assume full operational control of Hulu, effective immediately, in return for Disney and Comcast entering into a 'put/call' agreement regarding NBCUniversal’s 33% ownership interest in Hulu.
News categories: Comcast, Disney, Digital TV, MnA, OTT, USA

Hulu U.S. customer base passes 28 million
May 1, 2019 – At 'Hulu '19 Presentation', Hulu revealed continued rapid growth, new original programming and talent deals that expand its content offering, as well as brand initiatives, advertising products and UX enhancements that bolster its goal of becoming the #1 choice for TV.
News categories: Hulu, Randy Freer, Advertising, Digital TV, OTT, Subscribers, USA

U.S. home entertainment spending rises 6.4% YoY in 1Q 2019
Apr 30, 2019 – According to DEG: The Digital Entertainment Group, U.S. consumers spent $6 billion on movies and television shows for home entertainment in the first quarter of 2019. Spending rose 6.4% from the $5.7 billion consumers spent in the same period of 2018.
News categories: Digital Entertainment Group, Digital TV, DVD, Market Research, OTT, USA

Altice USA to acquire Cheddar
Apr 30, 2019 – Altice USA (NYSE: ATUS) has announced that it has reached an agreement to acquire Cheddar, the digital-first news company, for $200 million. The transaction is expected to close in the next two months upon receipt of regulatory approval.
News categories: Altice USA, Cheddar, Dexter Goei, Jon Steinberg, Advertising, Digital TV, MnA, USA

Conviva stats show massive failure rate of streaming TV ads
Apr 30, 2019 – Conviva has published the Q1‘19 edition of its State of the Streaming TV Industry report giving updates related to consumption patterns, device market share, and customer experience issues. The report also provides insights on streaming TV advertising and social media engagement for the first time.
News categories: Conviva, Bill Demas, Advertising, Big Data, Digital TV, Market Research, OTT, USA

One-third of U.S. TV content viewers report owning an antenna
Apr 24, 2019 – The latest data from Horowitz Research reveal that while TV content viewers in the U.S. are experimenting with new streaming services like YouTube TV, Sling TV, and others, a traditional viewing technology is re-emerging: antennas.
News categories: Horowitz Research, Stephanie Wong, Adriana Waterston, Digital TV, Market Research, OTT, Terrestrial, USA

US SVOD subscriptions to reach 270 million
Apr 17, 2019 – Digital TV Research expects the number of SVOD subscriptions in North America to climb by 110 million from 160 million in 2018 to 270 million in 2024, with 77.8% of TV households (94 million) subscribing to at least one SVOD platform by then.
News categories: Digital TV Research, Simon Murray, Digital TV, Market Research, OTT, USA