ITV

Category: Over The Top Services

  • Q4-16: Apple Services clocks 24 per cent growth, Other Products revenue falls

    Q4-16: Apple Services clocks 24 per cent growth, Other Products revenue falls

    BENGALURU:  Apple Inc (Apple) Services product recorded a 24.4 percent year-over-year (y-o-y) growth in revenue for the quarter ended 30 September 2016 (Q4-16, current quarter) amidst a 9 percent y-o-y fall in total revenues. Apple Services includes revenue from Internet Services, AppleCare, Apple Pay, licensing and other services.

    Apple Services reported revenue of $6,325million for Q4-16 versus $5,086 million in the corresponding year ago quarter, while Apple Total revenue in Q4-16 was $46.852 million versus $51,101 million in Q4-15.

    However, across sequential quarters, Apple Services revenue increased only 5.8 percent in Q4-16 from $5,976 million as against 10.6 percent growth in total revenue from $42,358 million during the same period.

    Apple Services contribution to overall revenue grew to 13.5 percent in the current quarter from 9.9 percent in the corresponding year ago quarter, but was slightly lower than 14.1 percent in the immediate trailing quarter.

    Apple’s “Other Products’, which include sales of Apple TV, Apple Watch, Beats products, iPod and Apple-branded and third-party accessories saw a 22.1 percent y-o-y decline in revenue to $2,373 million in the current quarter from $3,048 million. Across sequential quarters (q-o-q), ‘Other Products’ recorded a 6.9 percent growth in Q4-16 from $2,219 million.

    ‘Other Products’ contribution to overall revenue declined to 5.1 percent in the current quarter from 5.9 percent in the corresponding year ago quarter and 5.2 percent in the immediate trailing quarter.

    Major Products

    Apple’s major Product is the iPhone which saw y-o-y declines of 5.3 percent and 12.6 percent in number of units sold and revenues respectively in Q4-16. iPhone sales revenue in the current quarter was $28,160 million (60.1 percent of total revenue) versus $32,209 million (62.5 percent of total revenue) in Q4-15. 40.513 million iPhones were sold in  the current quarter versus 48.046 million in the corresponding year ago quarter.

    During sequential quarters, iPhone sales witnessed growth rates of 12.7 percent and 17.1 percent in number of units sold and revenues respectively in Q4-16. iPhone sales revenue in Q3-16 was $24,048 million from 40.399 million units.

    Among Apple’s other well-known products, the iPad witnessed y-o-y and q-o-q declines in number of units sold and revenues, while the Apple Mac recorded q-o-q declines.

    Geographical split

    Apple’s segments are Americas, Europe, Greater China, Japan and Rest of Asia Pacific (APac), with the America’s contributing more than 42 percent in terms of revenue.

    Revenue from the Americas declined 7.1 percent y-o-y to $20.229 million (43.2 percent of total revenues) from $21,773 million (42.3 percent of total revenues. Across sequential quarters, revenue from the Americas increased 12.6 percent in the current quarter from $17,963 million (42.4 percent of total revenues).

    Revenue from the European segment grew 2.5 percent y-o-y and 12.4 percent q-o-q to $10,842 million (23.1 percent of total revenue) from $10,577 million (20.5 percent of total revenue) and from $9,643 million (22.8 percent of total revenue) respectively.

    Revenue from the China segment declined 29.8 percent y-o-y and declined 0.7 percent q-o-q to $8,785 million (18.8 percent of total revenue) from $12,518 million (24.3 percent of total revenue) and from $8,848 million (20.9 percent of total revenue) respectively.

    Revenue from the Japan segment grew 10.1 percent y-o-y and 22.5 percent q-o-q to $4,324 million (9.2 percent of total revenue) from $3,939 million (7.6 percent of total revenue) and from $3,529 million (8.3 percent of total revenue) respectively.

    Revenue from the APac segment declined 1.2 percent y-o-, but grew 12.5 percent q-o-q to $2,672 million (5.7 percent of total revenue) from $2,704 million (5.3 percent of total revenue) and grew from $2,375 million (5.6 percent of total revenue) respectively.

    Profits, Apple’s board declares dividend

    Apple posted a 19 percent y-o-y decline in net income at $9,014 million (19.2 percent margin) for Q4-16 versus $11,124 million 21.6 percent margin). Earnings per diluted share declined to $1.68 in the current quarter from $1,96 in Q4-15.

    Apple’s board of directors has declared a cash dividend of $0.57 per share of the Company’s common stock. The dividend is payable on November 10, 2016 to shareholders of record as of the close of business on November 7, 2016.

    Company speak

    “Our strong September quarter results cap a very successful fiscal 2016 for Apple,” said apple CEO Tim Cook. “We’re thrilled with the customer response to iPhone 7, iPhone 7 Plus and Apple Watch Series 2, as well as the incredible momentum of our Services business, where revenue grew 24 percent to set another all-time record.”

    “We are pleased to have generated $16.1 billion in operating cash flow, a new record for the September quarter,” said Apple CFO Luca Maestri. “We also returned $9.3 billion to investors through dividends and share repurchases during the quarter and have now completed over $186 billion of our capital return program,” added Cook.

     

  • Q4-16: Apple Services clocks 24 per cent growth, Other Products revenue falls

    Q4-16: Apple Services clocks 24 per cent growth, Other Products revenue falls

    BENGALURU:  Apple Inc (Apple) Services product recorded a 24.4 percent year-over-year (y-o-y) growth in revenue for the quarter ended 30 September 2016 (Q4-16, current quarter) amidst a 9 percent y-o-y fall in total revenues. Apple Services includes revenue from Internet Services, AppleCare, Apple Pay, licensing and other services.

    Apple Services reported revenue of $6,325million for Q4-16 versus $5,086 million in the corresponding year ago quarter, while Apple Total revenue in Q4-16 was $46.852 million versus $51,101 million in Q4-15.

    However, across sequential quarters, Apple Services revenue increased only 5.8 percent in Q4-16 from $5,976 million as against 10.6 percent growth in total revenue from $42,358 million during the same period.

    Apple Services contribution to overall revenue grew to 13.5 percent in the current quarter from 9.9 percent in the corresponding year ago quarter, but was slightly lower than 14.1 percent in the immediate trailing quarter.

    Apple’s “Other Products’, which include sales of Apple TV, Apple Watch, Beats products, iPod and Apple-branded and third-party accessories saw a 22.1 percent y-o-y decline in revenue to $2,373 million in the current quarter from $3,048 million. Across sequential quarters (q-o-q), ‘Other Products’ recorded a 6.9 percent growth in Q4-16 from $2,219 million.

    ‘Other Products’ contribution to overall revenue declined to 5.1 percent in the current quarter from 5.9 percent in the corresponding year ago quarter and 5.2 percent in the immediate trailing quarter.

    Major Products

    Apple’s major Product is the iPhone which saw y-o-y declines of 5.3 percent and 12.6 percent in number of units sold and revenues respectively in Q4-16. iPhone sales revenue in the current quarter was $28,160 million (60.1 percent of total revenue) versus $32,209 million (62.5 percent of total revenue) in Q4-15. 40.513 million iPhones were sold in  the current quarter versus 48.046 million in the corresponding year ago quarter.

    During sequential quarters, iPhone sales witnessed growth rates of 12.7 percent and 17.1 percent in number of units sold and revenues respectively in Q4-16. iPhone sales revenue in Q3-16 was $24,048 million from 40.399 million units.

    Among Apple’s other well-known products, the iPad witnessed y-o-y and q-o-q declines in number of units sold and revenues, while the Apple Mac recorded q-o-q declines.

    Geographical split

    Apple’s segments are Americas, Europe, Greater China, Japan and Rest of Asia Pacific (APac), with the America’s contributing more than 42 percent in terms of revenue.

    Revenue from the Americas declined 7.1 percent y-o-y to $20.229 million (43.2 percent of total revenues) from $21,773 million (42.3 percent of total revenues. Across sequential quarters, revenue from the Americas increased 12.6 percent in the current quarter from $17,963 million (42.4 percent of total revenues).

    Revenue from the European segment grew 2.5 percent y-o-y and 12.4 percent q-o-q to $10,842 million (23.1 percent of total revenue) from $10,577 million (20.5 percent of total revenue) and from $9,643 million (22.8 percent of total revenue) respectively.

    Revenue from the China segment declined 29.8 percent y-o-y and declined 0.7 percent q-o-q to $8,785 million (18.8 percent of total revenue) from $12,518 million (24.3 percent of total revenue) and from $8,848 million (20.9 percent of total revenue) respectively.

    Revenue from the Japan segment grew 10.1 percent y-o-y and 22.5 percent q-o-q to $4,324 million (9.2 percent of total revenue) from $3,939 million (7.6 percent of total revenue) and from $3,529 million (8.3 percent of total revenue) respectively.

    Revenue from the APac segment declined 1.2 percent y-o-, but grew 12.5 percent q-o-q to $2,672 million (5.7 percent of total revenue) from $2,704 million (5.3 percent of total revenue) and grew from $2,375 million (5.6 percent of total revenue) respectively.

    Profits, Apple’s board declares dividend

    Apple posted a 19 percent y-o-y decline in net income at $9,014 million (19.2 percent margin) for Q4-16 versus $11,124 million 21.6 percent margin). Earnings per diluted share declined to $1.68 in the current quarter from $1,96 in Q4-15.

    Apple’s board of directors has declared a cash dividend of $0.57 per share of the Company’s common stock. The dividend is payable on November 10, 2016 to shareholders of record as of the close of business on November 7, 2016.

    Company speak

    “Our strong September quarter results cap a very successful fiscal 2016 for Apple,” said apple CEO Tim Cook. “We’re thrilled with the customer response to iPhone 7, iPhone 7 Plus and Apple Watch Series 2, as well as the incredible momentum of our Services business, where revenue grew 24 percent to set another all-time record.”

    “We are pleased to have generated $16.1 billion in operating cash flow, a new record for the September quarter,” said Apple CFO Luca Maestri. “We also returned $9.3 billion to investors through dividends and share repurchases during the quarter and have now completed over $186 billion of our capital return program,” added Cook.

     

  • Voot to stream Big Boss’s ‘Unseen Undekha’ videos

    Voot to stream Big Boss’s ‘Unseen Undekha’ videos

    MUMBAI: Viacom18’s OTT platform, Voot, will showcase exclusive content of its reality show Bigg Boss 10. The on-demand destination has developed a special space called Unseen Undekha wherein users can stream videos of any celebrity or commoner of their choice from inside the house anytime.

    Additionally, the content will include stories on nominations, results, weekly task announcements, captain selection, post eviction interviews of the contestants, discussions on the luxury budget, etc.

    “Voot, in just five months of launch, is amongst the leading on-demand services in the country –and much of this can be credited to the hugely popular content across the Viacom 18 network channels, our unmatched kids’ content library (under the Voot Kids brand) and the truly differentiated Voot Originals that we are creating. And now, we bring the biggest entertainment show on Indian television – Bigg Boss, for our users on Voot. Bigg Boss is one of the few shows, where the fandom goes to epic levels and the viewers want “all that they can get” about the contestants and whats going on in the house. ‘Unseen Undekha’ answers all such questions and gives you much more ‘never seen on TV’ content. This unique property, along with the full episodes of Bigg Boss being available on-demand , would complete the offering for the fans of the show,” said Viacom18 Digital Ventures COO Gaurav Gandhi.

    Voot has garnered more than 12 million app downloads, and has over 15 million monthly active users across mobile and web, with viewers spending approximately 40 minutes on an average per day.

  • Voot to stream Big Boss’s ‘Unseen Undekha’ videos

    Voot to stream Big Boss’s ‘Unseen Undekha’ videos

    MUMBAI: Viacom18’s OTT platform, Voot, will showcase exclusive content of its reality show Bigg Boss 10. The on-demand destination has developed a special space called Unseen Undekha wherein users can stream videos of any celebrity or commoner of their choice from inside the house anytime.

    Additionally, the content will include stories on nominations, results, weekly task announcements, captain selection, post eviction interviews of the contestants, discussions on the luxury budget, etc.

    “Voot, in just five months of launch, is amongst the leading on-demand services in the country –and much of this can be credited to the hugely popular content across the Viacom 18 network channels, our unmatched kids’ content library (under the Voot Kids brand) and the truly differentiated Voot Originals that we are creating. And now, we bring the biggest entertainment show on Indian television – Bigg Boss, for our users on Voot. Bigg Boss is one of the few shows, where the fandom goes to epic levels and the viewers want “all that they can get” about the contestants and whats going on in the house. ‘Unseen Undekha’ answers all such questions and gives you much more ‘never seen on TV’ content. This unique property, along with the full episodes of Bigg Boss being available on-demand , would complete the offering for the fans of the show,” said Viacom18 Digital Ventures COO Gaurav Gandhi.

    Voot has garnered more than 12 million app downloads, and has over 15 million monthly active users across mobile and web, with viewers spending approximately 40 minutes on an average per day.

  • OTT players spend exceeds traditional broadcasters; Netflix weighing Indian content to drive growth

    OTT players spend exceeds traditional broadcasters; Netflix weighing Indian content to drive growth

    MUMBAI: Online platforms such as Amazon and the streaming giant Netflix have ramped up their investment in programming, investing US$ 7.5 billion last year which is more than HBO, Turner and CBS in most countries including Australia and South Korea.

    Netflix invested over twice as much on original programming as the entire Australian TV market, a new report stated. In India, it could look at licensing deals and produce more local language content as it seeks to strengthen its presence here.

    The US-based company, which expanded into over 130 markets, entered India a few months ago and rivals streaming sites or platforms such as Star India’s Hotstar, SonyLiv, YuppTV, Spuul, Ditto TV, Eros Now, and Hungama. All these are betting on growing smartphone and Internet use to drive growth. Netflix could soon be introducing ‘download-and-go’ offline streaming.

    Between 2013 and 2015, Amazon and Netflix doubled their annual investments on programming. In 2013, Amazon spent US$ 1.22 billion, that jumped to US$ 2.67 billion in 2015. In the corresponding period, Netflix investments rose from US$ 2.38 billion to US$ 4.91 billion, a IHS Markit report stated while examining how TV programme producers are adapting to the era of internet TV.

    “Netflix and Amazon investments are only topped by Disney ($11.84 billion) and NBC ($10.27 billion),” said IHS Technology senior principal analyst Tim Westcott,.

    Netflix added over 50 per cent more subscribers than expected in the third quarter as original shows such as “Stranger Things” drew new international viewers and kept US customers despite a price hike, according to FactSet StreetAccount.

    Other online platforms such as China’s Youku Toudu, iQifyi, Tencent and Hulu in the US have also increased their investment in original programming and acquisitions.

    “More and more consumers are watching content online, shaking the foundations of the traditional TV industry,” Westcott said. “However, it’s premature to declare that the era of linear TV is over,” he added.

    Westcott estimated that, in 2015, the US represented 33 per cent of worldwide expenditure on TV programming, with US$ 43 billion invested across free-to-air, pay TV and online.” “Netflix and Amazon, though they are US companies, are now commissioning for multiple territories, so we have treated them as global platforms.”

    The biggest markets in Western Europe were the UK with $10.7 billion, Germany ($7.3 billion), France ($6.6 billion) and Italy ($4.6 billion). “Notably, China is now the second largest market in Asia Pacific, with $8.4 billion invested last year,” Westcott said. Japan is the largest in the region with $9.8 billion, followed by South Korea ($2.6 billion), Australia and India—both on $2.4 billion.

    Netflix considers pouring money into building its stable of licensed and original movies and TV shows. Content spending will rise to $6 billion next year, a $1 billion increase from 2016, its CEO Reed Hastings has said.

    It faces competition from the likes of Amazon and Hulu. Figures released in the World TV Production Report 2016 claim Netflix spent US$ 4.91bn on new programming the last year, compared to Australia’s total market spend of US$2.4bn. Amazon, which may reportedly launch in Australia in a few months, increased its programming investment in 2016 to US$ 2.67bn from US$ 1.22bn in 2015, although far below Disney’s spend of US$ 11.84bn in 2016.

    In India however Netflix has branded itself in the premium bracket and therefore has some disadvantage as far as pricing is concerned. A majorly English language content makes business difficult for Netflix in India. More local language content and licensing deals could help in this context. Netflix, which has not disclosed its subscribers base in India, may need to adopt a localisation strategy for growth in the country.

  • OTT players spend exceeds traditional broadcasters; Netflix weighing Indian content to drive growth

    OTT players spend exceeds traditional broadcasters; Netflix weighing Indian content to drive growth

    MUMBAI: Online platforms such as Amazon and the streaming giant Netflix have ramped up their investment in programming, investing US$ 7.5 billion last year which is more than HBO, Turner and CBS in most countries including Australia and South Korea.

    Netflix invested over twice as much on original programming as the entire Australian TV market, a new report stated. In India, it could look at licensing deals and produce more local language content as it seeks to strengthen its presence here.

    The US-based company, which expanded into over 130 markets, entered India a few months ago and rivals streaming sites or platforms such as Star India’s Hotstar, SonyLiv, YuppTV, Spuul, Ditto TV, Eros Now, and Hungama. All these are betting on growing smartphone and Internet use to drive growth. Netflix could soon be introducing ‘download-and-go’ offline streaming.

    Between 2013 and 2015, Amazon and Netflix doubled their annual investments on programming. In 2013, Amazon spent US$ 1.22 billion, that jumped to US$ 2.67 billion in 2015. In the corresponding period, Netflix investments rose from US$ 2.38 billion to US$ 4.91 billion, a IHS Markit report stated while examining how TV programme producers are adapting to the era of internet TV.

    “Netflix and Amazon investments are only topped by Disney ($11.84 billion) and NBC ($10.27 billion),” said IHS Technology senior principal analyst Tim Westcott,.

    Netflix added over 50 per cent more subscribers than expected in the third quarter as original shows such as “Stranger Things” drew new international viewers and kept US customers despite a price hike, according to FactSet StreetAccount.

    Other online platforms such as China’s Youku Toudu, iQifyi, Tencent and Hulu in the US have also increased their investment in original programming and acquisitions.

    “More and more consumers are watching content online, shaking the foundations of the traditional TV industry,” Westcott said. “However, it’s premature to declare that the era of linear TV is over,” he added.

    Westcott estimated that, in 2015, the US represented 33 per cent of worldwide expenditure on TV programming, with US$ 43 billion invested across free-to-air, pay TV and online.” “Netflix and Amazon, though they are US companies, are now commissioning for multiple territories, so we have treated them as global platforms.”

    The biggest markets in Western Europe were the UK with $10.7 billion, Germany ($7.3 billion), France ($6.6 billion) and Italy ($4.6 billion). “Notably, China is now the second largest market in Asia Pacific, with $8.4 billion invested last year,” Westcott said. Japan is the largest in the region with $9.8 billion, followed by South Korea ($2.6 billion), Australia and India—both on $2.4 billion.

    Netflix considers pouring money into building its stable of licensed and original movies and TV shows. Content spending will rise to $6 billion next year, a $1 billion increase from 2016, its CEO Reed Hastings has said.

    It faces competition from the likes of Amazon and Hulu. Figures released in the World TV Production Report 2016 claim Netflix spent US$ 4.91bn on new programming the last year, compared to Australia’s total market spend of US$2.4bn. Amazon, which may reportedly launch in Australia in a few months, increased its programming investment in 2016 to US$ 2.67bn from US$ 1.22bn in 2015, although far below Disney’s spend of US$ 11.84bn in 2016.

    In India however Netflix has branded itself in the premium bracket and therefore has some disadvantage as far as pricing is concerned. A majorly English language content makes business difficult for Netflix in India. More local language content and licensing deals could help in this context. Netflix, which has not disclosed its subscribers base in India, may need to adopt a localisation strategy for growth in the country.

  • Sooperfly denies nexGTv’s claim of acquiring telecast rights

    Sooperfly denies nexGTv’s claim of acquiring telecast rights

    MUMBAI: Sooperfly has denied that Nexgtv has acquired its parenting shows’ international digital telecast rights.

    “The nexGTv team seem to have sent out this release to ITV without discretion. The article has mentioned about the supposed association with our organisation which is factually inaccurate and unverified, and retaining such a story will have an adverse effect on our brand and equity,” said a spokesperson from the 120 Media Collective. Sooperfly is a joint venture between Diagonal View and the 120 Media Collective.

    Earlier in the day, indiantelevision.com had published a story based on a press release from Value360 Communications (an affiliate of Huntsworth) the agency that represents nexGTv with the header “nexGTv acquires Sooperfly parenting shows’ international digital telecast rights”.

    In the release Value360 had stated: Nexgtv has acquired the international digital telecast rights to the immensely popular parenting TV series, ‘The Tara Sharma Show’. The move enables new and existing nexGTv users to view content that focuses on childcare, family-centric topics and women’s & children’s issues, spread across 13 episodes each from Season 1 and 2 of the show.

  • Sooperfly denies nexGTv’s claim of acquiring telecast rights

    Sooperfly denies nexGTv’s claim of acquiring telecast rights

    MUMBAI: Sooperfly has denied that Nexgtv has acquired its parenting shows’ international digital telecast rights.

    “The nexGTv team seem to have sent out this release to ITV without discretion. The article has mentioned about the supposed association with our organisation which is factually inaccurate and unverified, and retaining such a story will have an adverse effect on our brand and equity,” said a spokesperson from the 120 Media Collective. Sooperfly is a joint venture between Diagonal View and the 120 Media Collective.

    Earlier in the day, indiantelevision.com had published a story based on a press release from Value360 Communications (an affiliate of Huntsworth) the agency that represents nexGTv with the header “nexGTv acquires Sooperfly parenting shows’ international digital telecast rights”.

    In the release Value360 had stated: Nexgtv has acquired the international digital telecast rights to the immensely popular parenting TV series, ‘The Tara Sharma Show’. The move enables new and existing nexGTv users to view content that focuses on childcare, family-centric topics and women’s & children’s issues, spread across 13 episodes each from Season 1 and 2 of the show.

  • Netflix ranks Spectranet as top ISP in Sept ’16

    Netflix ranks Spectranet as top ISP in Sept ’16

    MUMBAI: Spectranet, India’s only Internet Service Provider (ISP) with end-to-end 100% optical fiber network for home and business, has been ranked as the Number 1 ISP for its primetime performance by Netflix, the world’s leading internet television network with over 83 million members in over 190 countries, for the month of September 2016. It was also found to have the fastest performance during primetime across India. 

    Netflix ranks performances of prominent ISPs across the globe for their ‘Prime Time Netflix performance’ and the ratings for ISPs in India were introduced first in the month of May 16.  Netflix introduced ‘fast.com’ to provide quick and simple way for any internet user to test their current internet speed.

    A press release from Spectranet’s PR agency claimed has always maintained its ranking amongst top three since the inception of Netflix fast.com speed stats in India

    Spectranet was ranked numero uno for its superior service provided through its cutting-edge fiber network that delivers speeds of 100 Mbps and beyond and offers truly unlimited downloads & uploads without any speed capping.

    Spectranet CEO Udit Mehrotra said, “This feat has been made possible by our sustained efforts to deliver innovative and disruptive services to our customers at amazingly affordable price.”

    Spectranet is an innovative and disruptive technology company with end to end pure optical fiber network enabled Internet service provider, capable of delivering speeds of 1 Gbps.

  • Netflix ranks Spectranet as top ISP in Sept ’16

    Netflix ranks Spectranet as top ISP in Sept ’16

    MUMBAI: Spectranet, India’s only Internet Service Provider (ISP) with end-to-end 100% optical fiber network for home and business, has been ranked as the Number 1 ISP for its primetime performance by Netflix, the world’s leading internet television network with over 83 million members in over 190 countries, for the month of September 2016. It was also found to have the fastest performance during primetime across India. 

    Netflix ranks performances of prominent ISPs across the globe for their ‘Prime Time Netflix performance’ and the ratings for ISPs in India were introduced first in the month of May 16.  Netflix introduced ‘fast.com’ to provide quick and simple way for any internet user to test their current internet speed.

    A press release from Spectranet’s PR agency claimed has always maintained its ranking amongst top three since the inception of Netflix fast.com speed stats in India

    Spectranet was ranked numero uno for its superior service provided through its cutting-edge fiber network that delivers speeds of 100 Mbps and beyond and offers truly unlimited downloads & uploads without any speed capping.

    Spectranet CEO Udit Mehrotra said, “This feat has been made possible by our sustained efforts to deliver innovative and disruptive services to our customers at amazingly affordable price.”

    Spectranet is an innovative and disruptive technology company with end to end pure optical fiber network enabled Internet service provider, capable of delivering speeds of 1 Gbps.