FierceCable confirmed that Comcast started beta testing Stream in Boston. Stream is Comcast’s streaming service that will work on all OTT devices and will be available only to existing Comcast Internet users. The final version of Stream will be launched in the near future.
On-demand streaming services are set to take over the entertainment industry. According to Engadget, BroadwayHD launched a new streaming service this week that features more than 100 Broadway shows, for a monthly fee of US$ 15.
Additionally, Rapid TV News covered a study by IHS Research on the recent surge in Subscription Video on Demand (SVOD) services, predicting that Netflix will continue to lead the charge. To keep up with the influx in SVOD services, linear TV channels are offering Direct-to-Consumer (D2C) services.
Separately, a recent report by GfK found that monthly Netflix subscribers watch 10 TV shows and 4 movies a week on an average showing that it has doubled in number from the same study conducted in 2014, reported Multichannel News. The study also revealed that 24 percent of users watch Netflix on mobile devices, which has doubled in the last 3 years.
A recent Dataxis study revealed that the Brazilian pay-TV market is expected to reach 27.7 million households by 2018, indicating a growth of 30.7 percent from 2015, according to IP & TV News. The study further notes that Direct-to-Home (DTH) services make up 60.9 percent of the total pay-TV homes in Brazil in 2015.
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