Telstra today announced it is partnering with Roku, Inc., a leading streaming platform, to launch Telstra TV, a new streaming service designed specifically for Australian consumers.
Despite the surge in sign-ups for streaming services, the SVOD industry faces two key challenges: low revenues per-subscriber, and the prospect that many consumers will drop out when the free trials end.
Netflix has nabbed worldwide rights to a satirical comedy which will star Brad Pitt as a controversial US military general, directed by David Michôd.
Netflix's rocketing growth in Australia has turbo-charged Fetch TV, which provides a range of IPTV services to Optus, iiNet and Dodo.
Screen Australia will be forced to cut its funding programs after the federal budget reduced its allocation by $3.6 million over the next four years, to the chagrin of producers and directors.
The goods and services tax to be imposed on Netflix will not slow its rapid growth given its market leadership, wealth of original content and unmetered deals with telcos.
Australian guilds are worried about the threat to Australian drama on free-to-air television as audiences continue to migrate to on-demand services.
Streaming services and pay TV platforms are set to grow exponentially in the next few years while free-to-air broadcasters continue to lose viewers, albeit at a modest rate.