VideoFuel: This Week in the Digital Video Industry 9/19-9/25

By Rachel DeSimone on September 25, 2020

1 Jeffrey Katzenberg's Quibi Is Looking to Sell Itself, Among Other Possible Options

Quibi, the mobile subscription TV startup founded by Jeffrey Katzenberg, is exploring “strategic options” including a potential sale, the Wall Street Journal reported.

2 Discovery Buys Ad Tech Startup As It Readies New Streaming Video Service

Discovery, Inc. has acquired the assets of ad tech startup AdSparx as it prepares to launch a new ad-supported streaming video service in 2021.

3 More TV Cord-Cutting To Come, Virtual Pay TV Providers Bring Little Help

Rising numbers of consumers dropping traditional pay TV  services -- cable, satellite and telco pay TV -- are set to drop total traditional pay TV subscribers below 80 million this year.

4 Sling TV Launches Its Own Watch Party Feature For Live TV

Pay-TV continues to lose appeal among Internet-connected (broadband) homes in the U.S. New data from Kagan, a unit of S&P Global Market Intelligence, found that 37% of broadband homes have cut the cord with traditional cable, telco or satellite TV distribution. 

5 317 MN US SVOD Subs by 2025

Despite the country being the most mature subscription video-on-demand market in the world, the US SVOD arena is showing no signs of slowing and, says Digital TV Research, will grow from 203 million in 2019 to 317 million by 2025.

6 Amazon Announces Luna Game Streaming Platform

The company is launching the product in early access at an introductory price of $5.99 per month. Users will be able to stream titles wirelessly without downloading the games and can play across PC, Mac and iOS (via the web).

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