Originally posted on TechCrunch:
Though the app stores continue to fill up with ever more mobile applications, the reality is that most of these are not sustainable businesses. According to a new report out this morning, half (50%) of iOS developers and even more (64%) Android developers are operating below the “app poverty line” of $500 per app per month.
This detail was one of many released in VisionMobile’s latest Developer Economics report (for Q3 2014), which was based on a large-scale online developer survey and one-to-one interviews with mobile app developers. This report included the responses from over 10,000 developers from 137 countries worldwide, taking place over 5 weeks in April and May.
That mobile app developers are challenged in getting their apps discovered, downloaded and then actually used, is a well-known fact. But seeing the figures associated with exactly how tough it is out there is rather revealing. It seems the “1%”…
View original 823 more words
Originally posted on TechCrunch:
This afternoon following the closing bell, Netflix announced the financial results of its second quarter, including revenue of $1.34 billion and earnings per share of $1.15. Analysts had expected Netflix to report $1.33 billion in revenue and $1.16 per share in earnings.
The company, which traded up around 1.7% during regular trading in a down market, is up around 1% after-hours following its mixed earnings report. Netflix’s year-ago second quarter in 2013 was disappointing, with top-line of $1.07 billion and earnings per share of $0.49.
In its most recent three-quarter period, Netflix saw its total subscriber base grow by 1.69 million to 50.05 million. Its domestic subscriber base grew 570,000, to 36.24 million. Its international subscriber base grew 1.12 million, to 13.8 million. The company had predicted that it would add 1.46 million new subscribers in the period, ending at an estimated total of 49.81 million. It beat that forecast.
In its sequentially preceding…
View original 244 more words
Capitol Hill has responded to a petition for net neutrality by stating: “Absent net neutrality, the Internet could turn into a high-priced private toll road that would be inaccessible to the next generation of visionaries. The resulting decline in the development of advanced online apps and services would dampen demand for broadband and ultimately discourage investment in broadband infrastructure. An open Internet removes barriers to investment worldwide.”
As a result the FCC declared it is working on a new set of net neutrality rules: “The FCC must stand strongly behind its responsibility to oversee the public interest standard and ensure that the Internet remains open and fair,” FCC Chairman Tom Wheeler said in a statement. “The Internet is and must remain the greatest engine of free expression, innovation, economic growth and opportunity the world has ever known.”
It is not expected, though, that new net neutrality rules would prohibit TelCos and CableCos from making deals with content providers like Youtube and Netflix, for prioritized bandwidth.
Read more here.
We’ve seen this one coming for months now. FInally, Comcast buys TWC.
Originally posted on Gigaom:
The country’s two largest broadband cable companies are becoming one: On Thursday morning, Comcast (s CMCSA) confirmedreports that it is acquiring Time Warner Cable (s TWC). The all-stock deal is worth $45.2 billion at $159 a share.
Comcast is acquiring TWC’s 11 million subscribers — who are located in “key geographic areas, including New York City, Southern California, Texas, the Carolinas, Ohio, and Wisconsin” — bringing the total number of subscribers affected to about 30 million. To alleviate antitrust concerns, Comcast said it’s “prepared to divest systems serving approximately 3 million managed subscribers…Following the transaction, Comcast’s share of managed subscribers will remain below 30 percent of the total number of MVPD subscribers in the U.S. and will be essentially equivalent to Comcast Cable’s subscriber share after its completion of both the 2002 AT&T Broadband transaction and the 2006 Adelphia transaction.” The merger is expected to close by the end of…
View original 130 more words
sVoD giants Netflix are entering new territories, geographically and technologically, by making the service available on Set Top Boxes by TiVo in Sweden. This move adds another class of devices through which the subscription-based service can enter your household and grab a part of your media consumption budget.
Read more here.
Pre-Roll Ads are so 2008!
Amazon is launching a subscription service for children’s games, videos and books aimed at getting more kids to use its Kindle Fire tablet devices.