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Netflix and Amazon dominated streaming Originals commissions 1 JUL 2024

Trends

Netflix and Amazon dominated streaming Originals commissions

A recent report by Ampere Analysis showed that the two streamers commissioned more than half of all streaming originals globally in Q1 2024.
UK: 19.5 million homes had access to SVOD in the Q1 2024 4 JUN 2024

Trends

UK: 19.5 million homes had access to SVOD in the Q1 2024

A new research by Barb revealed that the SVOD penetration in the UK has seen an increase of 0.7m households since Q4 2023.
Channel 4 tripled viewing of TV shows on YouTube and digital-first hits on Channel 4.0 22 MAY 2024

Social Media

Channel 4 tripled viewing of TV shows on YouTube and digital-first hits on Channel 4.0

Channel 4 delivered a three-fold year-on-year increase in UK viewing of full episodes of TV shows on YouTube in Q1, and its made-for-social network Channel 4.0.
Warner reduced net loss by 10%, but revenues decreased 9 MAY 2024

Production

Warner reduced net loss by 10%, but revenues decreased

The company announced its Q1 financial results, reporting a profit of $86 million for its direct-to-consumer segment, marking a 72% increase year over year.
ITV's Q1 revenues fell by 16%, affected by Hollywood strikes 9 MAY 2024

Corporate Moves

ITV's Q1 revenues fell by 16%, affected by Hollywood strikes

Total ITV Studios Q1 revenue was down 16%, reflecting the phasing of deliveries and the expected impact of the US writers’ and actors’ strike, while total ITV Studios revenue for FY24 is expected to be broadly flat.