Cord-cutting service FuboTV is coming to the NYSE: Here’s what to know

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The stock offering comes as cable-TV subscribers ditch traditional bundles in record numbers. FuboTV has filed for a public offering on the New York Stock Exchange, the company announced this morning. The sports-focused streaming service, first launched in 2015 as a way to watch soccer games without cable, has been rapidly growing its subscriber count in recent years, despite a flood of competitors in the crowded streaming-TV space. Read Full Story

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Can ‘Wonder Woman 1984’ save Christmas? And HBO Max?

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AT&T WarnerMedia has struggled against Netflix, Disney Plus, and Apple. Now it’s asking its hottest superhero to save the day. Six months into HBO Max’s wobbly launch, the streaming service is finally getting the shot in the arm that it needs in order to catch up to rivals: a splashy tentpole movie that the world has been salivating to see. Read Full Story

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Americans spent over 123 billion minutes streaming video content in just one week

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30-second summary: Nielsen releases eye-opening statistics about the trends in the on-demand video landscape including a spike in viewership of ad-supported streaming. COVID-19 and its associated lockdowns and social distancing rules initiated an unprecedented period of streaming TV consumption and the change appears to be permanent. Video streaming in “streaming-capable” homes was up 16% overall compared with last July. The time spent watching “other” platforms (e.g., not the SVOD big 5: Netflix, Hulu, YouTube, Amazon Prime and Disney+) increased by 16.3 billion minutes. Ad-supported video on demand (AVOD) services are contributing to an increase in digital ad spend in a big way. Nielsen recently predicted that digital media spend would rise to $500 billion globally by 2023 with digital video ads likely comprising a big chunk of that. Watching AVOD content helps consumers control the cost of streaming content, with nearly 50% of Americans watching ad-supported video content, up from …

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Netflix’s rollout of its 2021 movies sends a message to rivals Disney, HBO

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The streaming giant’s slate of films this year includes more than 60 titles bursting with A-list talent. Last year, Netflix dropped a Twitter thread announcing its slate of 2020 movies. This year it’s upped the ante, perhaps sensing that in a world now populated by Disney+, Apple TV+, HBO Max, and others , the company needs to strut its stuff with a little more hoopla. Read Full Story

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Comscore’s new trends report reveals significant spike in US OTT usage

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30-second summary: Comscore’s 2020 State of OTT report looks at Covid-19’s impact on OTT usage and provides an overview of current CTV/OTT trends in the U.S. OTT consumption spiked significantly from February to March of this year, based on average daily streaming hours per household. The “Big 5” streaming services which include, in order of volume, Netflix, YouTube, Amazon Video, Hulu, and Disney+ together accounted for 83% of OTT streaming hours in April 2020. The most significant jump in CTV usage was with smart TVs, which reached about 37% of households in April 2018 versus 51% in 2020. According to the IAB’s digital video glossary, the umbrella term for TV that’s connected to the internet is “ Advanced TV .” Per the IAB, advanced TV is “any television content that has evolved beyond traditional, linear television delivery methods.” There are two common terms associated with ATV that we’ll address in …

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