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Google extends its canvas to become the new TV emperor

by James Carter Senior News Editor
written by James Carter Senior News Editor

Breaking News: YouTube Dominates TV Consumption, Overtaking Traditional TV and Major Streaming Services

In a groundbreaking shift for the media industry, streaming video services have become the dominant mode of TV consumption in the United States. According to a recent report by Nielsen, streaming surpassed the combined total of traditional TV channels and cable in May. This historic change has crowned YouTube as the king of streaming, with a 12.5% market share, marking a staggering 120% growth since 2021.

YouTube’s Ascendancy in the Streaming World

YouTube has not only eclipsed all traditional TV channels but also major streaming services like Disney and Netflix. While Netflix, the world leader in subscription video, has seen its audience stagnate around 7.5%, YouTube continues to surge. This dominance is part of a larger offensive by Google, which is strategically positioned across the entire value chain of connected TVs.

Google’s Broad Influence in Connected TVs

Google’s influence extends far beyond YouTube. The tech giant operates at every level of the connected TV ecosystem, worrying both traditional channels and telecom operators. This hegemony is a testament to Google’s ability to leverage its vast resources and technological prowess to shape the future of media consumption.

The Future of Media Consumption

As streaming services continue to gain traction, traditional TV and cable may face significant challenges. The shift towards on-demand content and personalized viewing experiences is accelerating, driven by consumer preferences and technological advancements. Industry experts predict that this trend will continue, with more users opting for streaming services over traditional TV.

Strategic Tips for Media Consumers

For media consumers, staying informed about the latest trends and technologies can enhance your viewing experience. Here are some tips:

  • Explore different streaming platforms to find the best fit for your preferences.
  • Take advantage of free trials to test new services without commitment.
  • Use smart TV features to personalize your content recommendations.
  • Stay updated on industry news to anticipate upcoming trends and innovations.

As the media landscape evolves, one thing is clear: YouTube’s dominance in TV consumption is a game-changer. With its extensive library of content and robust technology, YouTube is poised to continue shaping the future of media consumption. Stay tuned to archyde.com for the latest updates and insights into the ever-changing world of streaming and TV.

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Economy

Spotify France to Stop Supporting Music Festivals in 2024 Due to Streaming Tax

by Alexandra Hartman Editor-in-Chief
written by Alexandra Hartman Editor-in-Chief

2023-12-20 12:04:00

By Le Figaro with AFP

Published 46 minutes ago, Updated 19 minutes ago

“Other announcements will follow in 2024,” according to the press release from Spotify France, opposed from the start to a streaming tax and which campaigned for a voluntary contribution. BRENDAN MCDERMID / REUTERS

The leading platform in the global music streaming market specifies that this decision, taken in response to the implementation of a tax on the turnover of online music platforms, applies “from 2024”.

Spotify France will stop supporting the Francofolies de La Rochelle and the Printemps de Bourges, from 2024 following the announcement of a tax on music streaming, the platform said on Wednesday, opposed to this measure. After “the announcement of the implementation of a tax on music streaming in France, we regret to announce that Spotify France will stop supporting the Francofolies de La Rochelle and the Printemps de Bourges, from 2024», Writes in a press release the French branch of the leading platform in the global music streaming market. This support translated “financially and through activations on the ground in favor of emerging artists (the Chantier des Francofolies and the iNOUïs du Printemps de Bourges)», Continues Spotify France, without giving any amounts. “Other announcements will follow in 2024», also concludes Spotify France, opposed from the start to a streaming tax and which campaigned for a voluntary contribution.

The implementation in 2024 of a tax on the turnover of online music listening platforms, wanted by Emmanuel Macron and which divides the sector, “should bring in 15 million euros» next year, the government announced Friday. The tax contribution of subscription streaming platforms and free content sharing platforms will be “a rate of 1.2% of their turnover generated in France», Specified the Ministry of Culture in a press release. “Platforms with a turnover of less than 20 million euros will not be subject to», He was once more reminded.

Read alsoThreads, Meta’s “Twitter”, launches in Europe

“Mainly financed by performing arts companies”

The government announced on December 13 the implementation of this tax, following a prior vote to this effect in the Senate in November, during the examination of the 2024 draft budget. This announcement was welcomed in particular by the Union of Phonographic Producers French Independents (UPFI), the Union of Current Music (SMA) and the National Union of Musical and Variety Shows (PRODISS) in a joint press release. The Society of Authors, Composers and Music Publishers (Sacem) also welcomed this tax.

Objective of this tax: to finance the National Music Center (CNM), a body created in 2020 to support the French music industry, like the CNC for cinema, until now mainly financed by performing arts companies. Opponents of the tax for their part pleaded for a voluntary contribution, further asserting on December 13 in a joint press release that they had reached an agreement, bringing together Apple, Deezer, Meta, Spotify, YouTube and TikTok, to mobilize “more than 14 million euros» in 2025.

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#Spotify #France #withdraws #support #Francofolies #Rochelle #Printemps #Bourges

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Economy

The Team’s Exclusive Sports Content No Longer Available on Canal+ Sport: Insights on the Decision by Laurent Prud’homme

by Alexandra Hartman Editor-in-Chief
written by Alexandra Hartman Editor-in-Chief

2023-09-01 14:48:45

The Canal+ Sport offer will no longer broadcast the content of France’s leading sports daily because its content is “no longer exclusively sports”, according to manager Laurent Prud’homme.

Subscribers to Canal + Sport have no longer had access to the digital content of the Team since Friday, the latter having stopped its partnership with the encrypted channel, which is no longer sufficiently profitable, despite the loss of 200,000 digital subscribers, explained its director general, Laurent Prud’homme, at Les Échos on Friday.

«After discussions with Canal+, we have decided to end the inclusion of L’Équipe’s digital content in the Canal+ Sport offer.“said the leader of the sports media group, returning to a decision reported at the end of July by the encrypted channel to its customers. “This distribution system by inclusion was justified when we were a simple sports information site“, estimated Laurent Prud’homme. Gold “we have become a real digital platform with varied content» et «the revenue per subscriber we were getting from this agreement was no longer enough to monetize our investments in this value-added content“, he assured.

Read alsoLaurent Prud’homme: “The newspaper “L’Équipe” remains our haute couture brand”

A “value, not volume” strategy

By making such a choice, the team loses some 200,000 digital subscribers and therefore sees its fleet drop to 150,000, according to figures reported by Les Echos and confirmed by the sports media group to AFP. But “we are moving towards a strategy of value and no longer volume», justifies Laurent Prud’homme. The group, which has already withdrawn from the Cafeyn digital kiosk at the end of August 2022, does not abandon third-party distribution. The team thus remainsdistributed in the Bouygues Telecom sports pack (since mid-2022) and might be distributed tomorrow by other operators“, specify the Echoes.

With operating income up in 2022 (6.4 million euros compared to 4.1 million euros in 2021), the media group intends to take advantage of the year particularly rich in sporting events that will inaugurate, from the next week, the Rugby World Cup organized in France. Sales of the newspaper l’Équipe exceeded 215,000 copies per day in 2022, up 0.6% compared to 2021, according to the Alliance for Press and Media Figures (ACPM). The group also claims 2.5 million unique visitors per day for its digital platform.

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#LÉquipe #leaves #Canal #loses #digital #subscribers

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Economy

Netflix Exceeds Expectations with $1.5 Billion Net Profit: Subscribers Surge Thanks to New Password Sharing Policy

by Alexandra Hartman Editor-in-Chief
written by Alexandra Hartman Editor-in-Chief

2023-07-19 20:26:00

By Le Figaro with AFP

Posted 1 hour ago, Updated 43 minutes ago

The Netflix streaming platform has exceeded expectations. MIKE BLAKE / REUTERS

The streaming platform made $1.5 billion in net profit from April to June 2023.

The number of subscribers on Netflix jumped from 5.89 million in the second quarter, to more than 238 million in all, thanks in particular to its policy of restricting the sharing of passwords between users, the American company announced on Wednesday. The streaming platform, which like its competitors is currently undergoing a major strike by actors and screenwriters in the United States, made $ 1.5 billion in net profit from April to June, a result that also exceeded market expectations. The streaming platform, which like its competitors is currently undergoing a major strike by actors and screenwriters in the United States, made $ 1.5 billion in net profit from April to June, a result that also exceeded market expectations.

Netflix has since May forced users in more than 100 countries to pay to add profiles to their account, instead of sharing their credentials for free. “Revenue in each region is now higher than before the change, with already more subscriptions than cancellations“, indicated the group in its press release of quarterly results.

Read alsoNetflix restricts password sharing in more than 100 countries, including France

The paid sharing policy of user accounts will be immediately extended to almost all countries where the service is present. To raise the bar following a difficult year 2022, Netflix seeks to extract more income from each user. The cheapest subscription formula without thus disappeared on Wednesday in the United States and the United Kingdom. “If you are currently subscribed to the Basic offer, you can keep it until you change your plan or cancel your subscription», Specifies a message to users.

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#Netflix #exceeds #expectations #million #additional #subscribers #2nd #quarter

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